TDS / TCS Compliances for April 2021
7th April 2021 – Due date for TCS payment for collection during March 2021 30th April 2021 – Due date for TDS payment for deduction during March 2021…
View More TDS / TCS Compliances for April 2021New FVUs Version 7.1 & 2.167 released by NSDL – Key Features
New versions of File Validation Utilities (FVUs) for e-TDS/TCS statements are released today (2nd April 2021). Apart from others, this FVU takes care of the…
View More New FVUs Version 7.1 & 2.167 released by NSDL – Key FeaturesSection 194M – Rationale & Brief Analysis
A new section 194M was proposed in the Budget of 2019 wherein an individual or an HUF (those not covered in TDS), is now required…
View More Section 194M – Rationale & Brief AnalysisTDS Returns Software for FY: 2021-22 Released
On popular demand, we are pleased to announce the release of TDSMAN (FY: 2021-22). Now you can prepare TDS Returns for all quarters of FY:…
View More TDS Returns Software for FY: 2021-22 ReleasedNew Tax Computation Regime (Sec 115BAC) – Some FAQs
Applicability of the New Tax Regime The new tax regime introduced in budget of 2020 under section 115BAC shall be applicable as follows: Effective from…
View More New Tax Computation Regime (Sec 115BAC) – Some FAQsSec 115BAC – New Regime for Tax Computation
The government has been looking at avenues to make income tax provisions simplified and lessen dependencies on consultants. A step towards it came through the…
View More Sec 115BAC – New Regime for Tax ComputationPDS Infotech Pvt. Ltd. on the News
Indeed, it is a great privilege for Team TDSMAN and our mother organization PDS Infotech Pvt. Ltd. to be on the news. TDSMAN Software is…
View More PDS Infotech Pvt. Ltd. on the NewsCoexistence of TDS 194Q and TCS 206C(1H) after Budget of 2021
Section 194Q – TDS on Purchase of Goods limits the scope and applicability of the Section 206C(1H) – TCS on Sale of Goods as the…
View More Coexistence of TDS 194Q and TCS 206C(1H) after Budget of 2021Salary Details (Annexure II) : Form 24Q-Q4
Vide Notification No. 36/2019 by the Income Tax Department it had substantially modified the format of Part B of Form 16 (Salary TDS Certificate given…
View More Salary Details (Annexure II) : Form 24Q-Q4Interest on Late Payment of TDS
In case the assessee deposits the TDS Payment after the due date of payment of the tax deducted at source, he shall be liable to…
View More Interest on Late Payment of TDS