Procedure for online submission of TDS and TCS statement
Government of India Ministry of Finance Central Board of Direct Taxes Directorate of Income Tax (Systems) Notification No. 6/2016 New Delhi, 4th May, 2016 Procedure…
View More Procedure for online submission of TDS and TCS statementGuidelines for an employer to deduct TDS and issue Form 16
Following are the guidelines for an employer to deduct TDS and issue Form 16: Make mandatory for all the employees to declare previous salary, investment…
View More Guidelines for an employer to deduct TDS and issue Form 16Statutory provisions attracted on failure to deposit tax in government account after deduction
Where the employee has deducted the tax at source but failed to deposit wholly or partly, the tax so deducted in government account, the following…
View More Statutory provisions attracted on failure to deposit tax in government account after deductionInterest on Late Payment of TDS
In case the assessee deposits the TDS Payment after the due date of payment of the tax deducted at source, he shall be liable to…
View More Interest on Late Payment of TDSPayment of taxes -Do’s & Dont’s
Taxpayers, deductors or collectors can pay direct taxes through Authorised Bank branches either physically, through ATM or through internet. Type of Challans to be used for…
View More Payment of taxes -Do’s & Dont’sFAQ on Late TDS payment
What is the Late payment interest? When deductor deposits the TDS after due date of deposit, it is a case of late payment and interest…
View More FAQ on Late TDS paymentBasic duties of the person who is liable to deduct tax at source
Following are the basic duties of the person who is liable to deduct tax at source: He shall obtain Tax Deduction Account Number and quote…
View More Basic duties of the person who is liable to deduct tax at sourceNSDL Email – Last date of TCS Returns
This post is NULLIFIED-based on the rejoinder email of NSDL (tin_returns@nsdl.co.in) dated 19th July, 2016 which can be accessed as under: https://blog.tdsman.com/2016/07/rejoinder-email-dated-19th-july-2016-change-tcs-return-filing-dates/ After the release…
View More NSDL Email – Last date of TCS ReturnsTDSMAN updated with FVU ver. 5.1 & FVU ver. 2.147
TDSMAN has been updated for the following newly released File Validation Utilities: FVU ver. 5.1 – For statement pertaining to FY 2010-11 onwards FVU ver.…
View More TDSMAN updated with FVU ver. 5.1 & FVU ver. 2.147FVU version 5.1 and FVU version 2.147 released by NSDL
The Income Tax Department has released today (28th June, 2016), the following new File Validation Utilities: FVU version 5.1 – For statement pertaining to FY 2010-11 onwards…
View More FVU version 5.1 and FVU version 2.147 released by NSDL