New Form 26B to claim excess TDS deposited by Deductor Notification 11/2013
Income Tax rules regarding refund of excess deposit of TDS by deductor has been amended in notification 11/2013 dated 19.02.2013. In this notification deductor can…
View More New Form 26B to claim excess TDS deposited by Deductor Notification 11/2013TDS cannot be postponed till last date of accounting period, HC ruling in virgin creations will not apply
A judgment is an authority for what it decides. It applies only to those cases in which the requisite amount of tax has been deducted…
View More TDS cannot be postponed till last date of accounting period, HC ruling in virgin creations will not applyHow to register view Form 26AS PAN Ledger on www.tdscpc.gov.in
As you are aware of it that Form 26AS (Pan Ledger) now can be viewed from new website www.tdscpc.gov.in. Form 26AS shows details of tax…
View More How to register view Form 26AS PAN Ledger on www.tdscpc.gov.inTDS Statement with digital signature allowed amendment in TDS rules
INCOME-TAX (SECOND AMENDMENT) RULES, 2013 – AMENDMENT IN RULES 31A & 31AA; SUBSTITUTION OF RULES 31ACB, 37J AND FORM NOS.15G, 15H, 16, 16A, 24Q,…
View More TDS Statement with digital signature allowed amendment in TDS rulesCompulsory to Download TDS file from TRACES
It is compulsory for all deductors to download TDS Consolidated Statement file and TDS Certificate from TRACES website only. Facility to download the Consolidated file…
View More Compulsory to Download TDS file from TRACESReason for Mismatch of TDS & Correction Statement
MISMATCH OF TDS 1. A major problem noted across the country is that of mis-match of TDS payments claimed by the deductees in their returns…
View More Reason for Mismatch of TDS & Correction StatementIT department enables Pre-Fill option for ITR
The pre-fill option of personal and tax information for ITR 1, ITR 2, ITR 3, ITR 4 and ITR 4S for assessment year 2012-13 is…
View More IT department enables Pre-Fill option for ITRProcedure for refund of excess TDS deducted/ paid
Analysis of CIRCULAR NO. 2/2011 [F.NO. 385/25/2010-IT(B)], DATED 27-4-2011 If a deductor has deposited excess amount of TDS , the procedure for getting refund was…
View More Procedure for refund of excess TDS deducted/ paidGovt urges Tax Payers to disclose true income & pay tax
Government Once again urges all Tax Payers to Disclose their true income and pay Appropriate Taxes within the Current Financial Year. Nodal Cell set…
View More Govt urges Tax Payers to disclose true income & pay taxCircular No.158/9/2012 dated 08-05-2012 quashed by High Court
The Board vides its Circular No. 158/9/2012 dated 08-05-2012 read with Circular No. 154/5/2012 dated 28-03-2012 clarified that in case the individuals or proprietary firms…
View More Circular No.158/9/2012 dated 08-05-2012 quashed by High Court