Special Discount on TDSMAN (FY: 2020-21)
Now you can prepare TDS Returns for all quarters of the next FY: 20-21 It covers: ✔ All TDS Returns for FY: 2020-21 ✔ All…
View More Special Discount on TDSMAN (FY: 2020-21)Points to remember regarding TDS statement
Given below are the points one should remember regarding TDS statement: Correct Reporting: Cancellation of TDS return and deductee row is no longer permissible. Accordingly, it…
View More Points to remember regarding TDS statementInterest on Late Deduction of TDS
The due date for deduction is either at the time of giving credit or payment of the dues, whichever is earlier. Late deduction happens in…
View More Interest on Late Deduction of TDSSteps for Preparing Correction Returns
Steps for Preparing Correction Returns Request for TDS (Consolidated) file from TRACES Download requested TDS (Consolidated) file from TRACES Upload TDS (Consolidated) file for correction into the software. This file…
View More Steps for Preparing Correction ReturnsTDSMAN updated with FVU ver. 6.8 & FVU ver. 2.164
TDSMAN has been updated for the following newly released File Validation Utilities: FVU ver. 6.8Â – For statement pertaining to FY 2020-21 onwards FVU ver. 2.164Â –…
View More TDSMAN updated with FVU ver. 6.8 & FVU ver. 2.164FVU 6.8 & FVU 2.164 released by NSDL
The Income Tax Department has released by today (7th August, 2020), the following new File Validation Utilities: FVU version 6.8 – For statement pertaining to…
View More FVU 6.8 & FVU 2.164 released by NSDLKey Features – File Validation Utility (FVU) version 6.8 & 2.164
File Validation Utility (FVU) version 6.8 Addition of new section code 194J(a) and 194J(b) for Form 26Q Same will be applicable for regular and correction…
View More Key Features – File Validation Utility (FVU) version 6.8 & 2.164Difference between Late Payment & Late Deduction
The difference between late payment and late deduction: Late payment: After the tax is deducted at source it has to be deposited into the government…
View More Difference between Late Payment & Late DeductionInterest 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 TDSCompliances for August, 2020
* 7th August – due date for TDS/TCS payment for deductions/collections during July 2020 * 15th August – due date for issuing TDS/TCS certificate(Form 16…
View More Compliances for August, 2020