Tips to avoid defaults in TDS Statements
One can avoid defaults in the TDS returns, by way of adherence to the following basic principles: Timely Payment of total taxes deducted/ collected…
View More Tips to avoid defaults in TDS StatementsIssuance of online certificate u/s 195(2) and 195(3) -reg
TDS Instruction No . 51 Directorate o f Income Tax (System) ARA Center, Ground Floor, E -2, Jhandewalan Extension New Delhi-110055 F.No.SW/TDS/02/02/2013/DIT(S)-II …
View More Issuance of online certificate u/s 195(2) and 195(3) -regCBDT notifies procedure for email communication between taxman and taxpayer
The CBDT has notified the format and procedure for the taxman and taxpayers to usher in an ambitious pilot project of using emails as the…
View More CBDT notifies procedure for email communication between taxman and taxpayerTDSMAN (FY: 2016-17) released -avail Early Bird offer
Keeping its tradition, TDSMAN is one of the first to have released the version for FY: 2016-17. This will serve its users for the following:…
View More TDSMAN (FY: 2016-17) released -avail Early Bird offerDue Dates for the month of February 2016
7 February 2016 – Due date for deposit of Tax deducted/collected for the month of January, 2016. However, all sum deducted/collected by an office of…
View More Due Dates for the month of February 2016Defaults in Quarterly TDS Statements exceeding Rs. 1 Crore from FY 2007-08 to Q2, FY 2015-16
CPC (TDS) has released a follow up communication to all deductors regarding Defaults in Quarterly TDS return exceeding Rs. 1 Crore from FY 2007-08 to Q2,…
View More Defaults in Quarterly TDS Statements exceeding Rs. 1 Crore from FY 2007-08 to Q2, FY 2015-16Reasons to reject the correction in challan detail by TDS-CPC
Rejection reasons pertaining to challan details are as follows: Challan detail record on which correction has been filed does not exist in regular / previous…
View More Reasons to reject the correction in challan detail by TDS-CPCStatutory 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 deductionFAQ on Online Correction
What is Online Correction? TRACES has provided the functionality of “Online Correction” where deductor can perform correction of TDS return /TCS return online. Following are the…
View More FAQ on Online CorrectionIssue TDS certificates (Q3) by 30th January, 2016
Last date for issuance of TDS certificates for Quarter 3 of FY: 2015-16 – 30th January, 2016 The above is applicable for all other than…
View More Issue TDS certificates (Q3) by 30th January, 2016