Procedure for online e-Filing of Income Tax Return for A.Y. 2013-14
Income tax department has published the latest Online e-File Income Tax Return Procedure for Assessment Year 2013-14. In this new procedure, tax payee can free download ITR-I to ITR-4S…
View More Procedure for online e-Filing of Income Tax Return for A.Y. 2013-14Correction Statements for F.Y. 2013-14 can now be prepared using FVU 3.9
As observed, the FVU version 3.8 released by NSDL was not allowing the preparation of Correction Statements for F.Y. 2013-14. On 12th August 2013, New File…
View More Correction Statements for F.Y. 2013-14 can now be prepared using FVU 3.9Request for consolidated file temporarily suspended at TRACES
Consolidated file request functionality will not be available for deductors till 19th August, 2013. The functionality will be resumed from 20th August, 2013 onwards.
View More Request for consolidated file temporarily suspended at TRACESKey features of FVU version 2.135
Change in validation of quarterly TDS/TCS statement wherein Book entry flag should not be provided in the challan details in case of nil challan\nil transfer…
View More Key features of FVU version 2.135Key features of FVU version 3.9
Change in validation of quarterly TDS/TCS statements are as below: Book entry flag should not be provided in the challan details for nil challan/nil transfer…
View More Key features of FVU version 3.9New File Validation Utilities (FVU 3.9 and FVU 2.135) released by NSDL
The Income Tax Department has released the following new File Validation Utilities on 12 August 2013 which would be mandatory from September 01, 2013: FVU…
View More New File Validation Utilities (FVU 3.9 and FVU 2.135) released by NSDLComplete Upload Procedure of e-TDS/TCS/AIR Online Return
NSDL e-Governance Infrastructure Limited launched an online upload of e-TDS return facility enabling entities to directly furnish (upload) their e-TDS returns (Form 24, 26 and…
View More Complete Upload Procedure of e-TDS/TCS/AIR Online ReturnInterest on late deposit of TDS – 3 % for delay of one day
Interest on late deposit of TDS is applicable @ 1.5 % per month or part thereof. The period for delay is taken from date of…
View More Interest on late deposit of TDS – 3 % for delay of one dayDeductors not depositing TDS by due date are liable for prosecution
Tax deductors who default in depositing TDS by due date shall be liable for prosecution: CBDT Central Board of Direct Taxes (CBDT) issued a press…
View More Deductors not depositing TDS by due date are liable for prosecutionDue Dates of TDS Payment
TDS Payment is liable to be made by any assesse who has deducted TDS at the time of incurring any expenditure. The Due Date for…
View More Due Dates of TDS Payment