Guidelines to avoid common mistakes while submitting TDS Statements
Following are some useful guidelines to avoid common mistakes, while submitting TDS return: Incorrect reporting of 197 Certificates: Please refer to the following guidelines for…
View More Guidelines to avoid common mistakes while submitting TDS Statements“Self-declaration” facility for Lower TDS Deposited During the Quarters
CPC TDS has released a “Self Declaration” feature on web-portal TRACES with respect to Lower TDS deposited during a Quarter/s to facilitate the deductors to…
View More “Self-declaration” facility for Lower TDS Deposited During the QuartersTDS Compliance for 3rd Quarter of FY: 2015-16
Last date for payment of tax deductions for December 2015 –Â 7th January, 2016 Last date for filing of TDS returns for Q3 of FY: 2015-16…
View More TDS Compliance for 3rd Quarter of FY: 2015-16Payment 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’sTDSMAN updated with FVU ver. 4.9 & FVU ver. 2.145
TDSMAN has been updated for the following newly released File Validation Utilities: FVU ver. 4.9-For Statements pertaining to FY 2010-11 onwards. FVU ver. 2.145-For Statements…
View More TDSMAN updated with FVU ver. 4.9 & FVU ver. 2.145FVU 4.9 and FVU 2.145 released by NSDL
The Income Tax Department has released the following new File Validation Utilities: FVU version 4.9-For statement pertaining to FY 2010-11 onwards. FVU version 2.145-For statement…
View More FVU 4.9 and FVU 2.145 released by NSDLKey Features -File Validation Utility (FVU) version 2.145
Addition of challan (i.e. C9 correction) in correction statements: As directed by Income Tax Department (ITD), addition of challan option (i.e. is C9 correction) has…
View More Key Features -File Validation Utility (FVU) version 2.145Key Features -File Validation Utility (FVU) version 4.9
Remark B is made applicable for Section code 194DA for Form 26Q, FY 2015-16, Q3 onwards. Addition of challan (i.e. C9 correction) in correction statements:Â …
View More Key Features -File Validation Utility (FVU) version 4.9Government to notify mandatory quoting of PAN for cash transactions over Rs 2 lakh
You will have to flash your permanent account number (PAN) for any transaction of over Rs 2 lakh regardless of mode of payment. The government…
View More Government to notify mandatory quoting of PAN for cash transactions over Rs 2 lakhBasic 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 source