TDS Default Types & Tips to avoid it
One can avoid defaults in the TDS statements, by way of adherence to the following basic principles: Â Â Timely Payment of total taxes deducted/ collected…
View More TDS Default Types & Tips to avoid itTDS/TCS Rates Chart for F.Y. 2015-16
The TDS and TCS rates chart for the financial year 2015-16 has been given below: TDS rates for F.Y. 2015-16 Nature of Payment Made To Residents…
View More TDS/TCS Rates Chart for F.Y. 2015-16Changes in Tax Deducted at Source (TDS) and Tax Collected at Source (TCS) in Budget 2015
Several amendments have been proposed in the sections dealing with the deduction of tax at source. 1. Requirement for obtaining evidence/ particulars by employer for…
View More Changes in Tax Deducted at Source (TDS) and Tax Collected at Source (TCS) in Budget 2015TDS from interest on Recurring Deposit (RD), deposit in Cooperative Bank w.e.f 01.06.2015
There are several amendments pertaining to TDS from interest. 3.1 Interest on fixed deposits with banks attracts TDS under Section 194A. Only exception to this…
View More TDS from interest on Recurring Deposit (RD), deposit in Cooperative Bank w.e.f 01.06.2015TDS from premature withdrawal from Employees’ Provident Fund Scheme (EPFS): Sections 192A and 197A
When an employee participating in a Recognised Provident Fund (RPF) withdraws the accumulated balance lying to her/his credit in the said RPF account, that amount…
View More TDS from premature withdrawal from Employees’ Provident Fund Scheme (EPFS): Sections 192A and 197ADue Dates for the month of April 2015
Important due dates in the month of April 2015 has been given below: 7 April 2015 – Due date for deposit of Tax deducted under…
View More Due Dates for the month of April 2015Important TDS due dates for the month of March 2015
Important TDS due dates in the month of March 2015 has been given below:Â Due dates of TDS (tax deducted at source) for month of…
View More Important TDS due dates for the month of March 2015CPC (TDS) drive for closure of Short Payment Defaults to facilitate downloading of Conso Files/ TDS Certificates
CPC (TDS) has observed from its records that there are Short Payment Defaults in Quarterly TDS Statements submitted by the deductors due to which downloading of Consolidated…
View More CPC (TDS) drive for closure of Short Payment Defaults to facilitate downloading of Conso Files/ TDS CertificatesClosure of Short Payment defaults in Quarterly TDS Statements
CPC (TDS) has issued a reminder communication to Banks regarding closure of short payment defaults in Quarterly TDS Statements. The issued communication has been given…
View More Closure of Short Payment defaults in Quarterly TDS StatementsCPC (TDS) drive for closure of Short Payment Defaults: Enhancement in Online Corrections feature for “Moving Deductee rows” from Unmatched Challans
CPC (TDS) has released a follow up communication regarding closure of Short Payment Defaults in quarterly TDS Statements due to Unmatched Challans. The released communication…
View More CPC (TDS) drive for closure of Short Payment Defaults: Enhancement in Online Corrections feature for “Moving Deductee rows” from Unmatched Challans