CPC automates default identification process in respect of TDS statements
The Centralized Processing Cell (TDS) automated the Default identification process in respect of TDS statements submitted. CPC (TDS) has highlighted the need for correct and complete…
View More CPC automates default identification process in respect of TDS statementsImportant points to consider while submitting Corrections
Following are some useful information to adhere before submitting Corrections, with special reference to C3 & C9 What are C3 & C9 Corrections? C3 Correction…
View More Important points to consider while submitting CorrectionsPenalty for non furnishing of PAN in TDS statement
In case, the PAN Numbers are not furnished by the deductees, the respondent-assessee cannot be penalised under Section 272B. Section 139A also imposes the obligation…
View More Penalty for non furnishing of PAN in TDS statementKnow status of your PAN/ TAN at TIN call centre (TCC)
Interactive Voice Response (IVR) for knowing the status of the PAN/ TAN application is now available at TIN call centre (TCC) in Hindi/English language. You…
View More Know status of your PAN/ TAN at TIN call centre (TCC)Applicability of TDS on service provided by non-residents
Fees for services rendered by non-resident is deemed to accrue or arise in India, whether or not non-resident has place of business in India if…
View More Applicability of TDS on service provided by non-residentsFrequently Asked Questions (FAQ) on Justification Report
1.What is a justification report? It is a document which serves as an annexure to the intimation to be sent to the deductor. Intimation will…
View More Frequently Asked Questions (FAQ) on Justification ReportQuote correct BIN while filing TDS/TCS statement
It is mandatory for Government deductors, who are reporting TDS without payment through bank challans, to quote correct Book Identification Number (BIN), while filing TDS/TCS…
View More Quote correct BIN while filing TDS/TCS statementFrequently Asked Questions (FAQ) on PAN
What is PAN? Permanent Account Number (PAN) is a ten-digit alphanumeric identifier, issued by Income Tax Department. Each assessee (e.g. individual, firm, company etc.) is…
View More Frequently Asked Questions (FAQ) on PANNew PAN application forms and document required for PAN application
There are two types of PAN applications: 1. Application for allotment of PAN: This application form should be used when the applicant has never applied…
View More New PAN application forms and document required for PAN applicationCPC(TDS) Advisory Communication regarding Certificate u/s 197/197A for Lower or No Deduction of Tax
CPC(TDS) has issued a letter to all deductors regarding clarification of Lower Deduction/No deduction u/s 197 or 197A The letter produced is here as under: Date…
View More CPC(TDS) Advisory Communication regarding Certificate u/s 197/197A for Lower or No Deduction of Tax