Procedure of preparing e-Returns for TDS / TCS
E-Returns for TDS / TCS was first introduced in 2002-03 and it has come a long way ever since. Currently, less than 1% are still…
View More Procedure of preparing e-Returns for TDS / TCSFiling of TDS / TCS Return Online using Aadhaar
One can file TDS / TCS Returns (both Regular & Correction Statements) through the Income Tax e-Filing portal through Aadhaar authentication. Pre-requisites • TAN has…
View More Filing of TDS / TCS Return Online using AadhaarSpecial Discount on TDSMAN (FY: 2020-21)
Now you can prepare TDS Returns for Q4 of FY: 19-20 and all quarters of the next FY: 20-21 It covers: ✔ All TDS Returns…
View More Special Discount on TDSMAN (FY: 2020-21)Challan ITNS 281- Important Points
Important points to note related to ITNS-281 are as follows: 1. Company Deductee/Non-Company Deductee – Although this appears in the Challan format, however it has…
View More Challan ITNS 281- Important PointsDifference 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 DeductionPreparing Salary TDS Return – Form 24Q (Q4)
Form 24Q (Salary TDS Return), in the fourth quarter (Q4) includes two annexures – Annexure I and Annexure II. – Annexure I is the regular…
View More Preparing Salary TDS Return – Form 24Q (Q4)Salary 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-Q47th July’20 – Due date for TDS and TCS payments for June’20
7th July, 2020 is the due date for TDS and TCS payments for the deductions/collections made in June, 2020. Make sure to do the needful…
View More 7th July’20 – Due date for TDS and TCS payments for June’20Reduction in TDS / TCS Rates
As part of the initiative in improving liquidity owing to the COVID crisis, it has been announced that TDS / TCS rates for non-salary payments…
View More Reduction in TDS / TCS RatesCompliances for July, 2020
* 7th July – due date for TDS/TCS payment for deductions/collections during June’20 * 15th July – due date for TCS Returns for FY:20-21, Quarter…
View More Compliances for July, 2020