FAQ on TDS /TCS statement
1. Who is required to file e-TDS / e-TCS statement? As per Income Tax Act, 1961, all corporate and government deductors / collectors are mandatorily…
View More FAQ on TDS /TCS statementCPC (TDS) reminder for raising Flag “B” in TDS Quarterly Statements against 15G/H Forms for FY 2013-14
CPC (TDS) has issued a reminder to the deductors regarding raising of Flag “B” in TDS Quarterly Statements against 15G/H Forms for FY 2013-14. The…
View More CPC (TDS) reminder for raising Flag “B” in TDS Quarterly Statements against 15G/H Forms for FY 2013-14CPC (TDS) communication to Govt. Deductors for quoting AIN details in the TDS Statements
CPC (TDS) asks government deductors to quote AIN details in TDS Statements. The letter issued by CPC (TDS) is as follows: Dear Deductor, As per…
View More CPC (TDS) communication to Govt. Deductors for quoting AIN details in the TDS StatementsCPC (TDS) mandates closure of Short Payment Defaults in the quarterly TDS statements
The Centralized Processing Cell (TDS), in its endeavour to enforce TDS Compliance, is shortly mandating closure of Short Payment defaults in the quarterly TDS statements…
View More CPC (TDS) mandates closure of Short Payment Defaults in the quarterly TDS statementsGuidelines to avoid common mistakes while submitting TDS Statements
Following are some useful guidelines to avoid common mistakes, while submitting TDS Statements: Incorrect reporting of 197 Certificates: Please refer to the following guidelines for…
View More Guidelines to avoid common mistakes while submitting TDS StatementsCPC (TDS) communication regarding Short Payment Defaults in TDS Statements for FY 2013-14
Dear Deductor, As per the records of Centralized Processing Cell (TDS), there are Short Payment defaults, exceeding Rupees One Lakh, in the TDS Statement(s) submitted…
View More CPC (TDS) communication regarding Short Payment Defaults in TDS Statements for FY 2013-14CPC (TDS) communication for payment of outstanding Short Payment Defaults
According to CPC (TDS), there are outstanding short payment defaults for TDS statements filed by deductors. The letter issued by CPC (TDS) to deductors in this…
View More CPC (TDS) communication for payment of outstanding Short Payment DefaultsTop queries related to registration in TRACES
When I provide my TAN and Token Number, I get the message ‘Invalid details’. Why? Token Number (Provisional Receipt Number) provided must be of any…
View More Top queries related to registration in TRACESTDS/TCS Rates Chart for F.Y. 2014-15
TDS Rates for F.Y. 2014-15 Nature of Payment Made To Residents Threshold(Rs.) Company / Firm / Co-operative Society / Local Authority Individual / HUF If…
View More TDS/TCS Rates Chart for F.Y. 2014-15Steps to be taken in case of TDS mismatch
Even if the credit for TDS as claimed in the return matches with the balance as appearing in the Form 26AS, Assessing Officer may still…
View More Steps to be taken in case of TDS mismatch