Assessee making payment to Foreign Agencies for access to record of online consumers, liable to deduct TDS
ITAT Bangalore Bench recently in an appeal held that any fees paid by the assessee to foreign agencies for availing the service of access to…
View More Assessee making payment to Foreign Agencies for access to record of online consumers, liable to deduct TDSNo TDS to be deducted if commission paid to foreign agents for rendering services abroad
ITAT Chennai Bench recently held that assessee is not liable to deduct tax at source for making payment to its foreign agents for rendering services…
View More No TDS to be deducted if commission paid to foreign agents for rendering services abroadImportant Announcement for Tax payers for updating Contact Details in E-Filing Portal
Income-Tax Department uses the registered contact details (Mobile number & E-mail ID) for all communications related to e-Filing. It is mandatory that all tax payers…
View More Important Announcement for Tax payers for updating Contact Details in E-Filing PortalSolutions to the top queries about Late Payment and Late Deduction
What should I do in case of Late Payment / Late Deduction intimation received? The default amount will have to be deposited through challan no…
View More Solutions to the top queries about Late Payment and Late DeductionReasons 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-CPCFAQ on Form 26AS
What is Form 26AS? It is a form issued under Rule 31AB, wherein the following information in relation to a PAN is published: TDS –…
View More FAQ on Form 26ASSeminar on TDS at Mumbai – by ASSOCHAM : TDSMAN as “Automation Partner”
ASSOCHAM is organizing a National Seminar on Tax Deduction at Source (TDS) at Hotel Four Seasons, Worli, Mumbai on 20th June 2014 from 9:30 am…
View More Seminar on TDS at Mumbai – by ASSOCHAM : TDSMAN as “Automation Partner”CPC(TDS) – Solutions to common enquiries
TRACES has several easy-to-use, online e-Tutorials and FAQs that can be effectively used to get ready answers to your questions. Following are some of the…
View More CPC(TDS) – Solutions to common enquiriesFlag raised for 15G/H despite Income exceeding the amount of exemption
CPC(TDS) Â has observed from its records that Flag “B” (for 15G/H Forms) has been wrongly raised in the quarterly TDS Statements. CPC(TDS) has issued a…
View More Flag raised for 15G/H despite Income exceeding the amount of exemptionNo need to submit Provisional Receipt of original statement & Statement Statistics Report for furnishing e-TDS/TCS correction statement
With effect from June 1, 2014, Deductors/Collectors need not submit copy of Provisional Receipt of original statement and Statement Statistics Report (SSR) for furnishing e-TDS/TCS…
View More No need to submit Provisional Receipt of original statement & Statement Statistics Report for furnishing e-TDS/TCS correction statement