7th March – due date for TDS & TCS payment for February
7th March, 2020 is the due date for TDS and TCS payments for the deductions made in February 2020. Make sure to do the needful…
View More 7th March – due date for TDS & TCS payment for February197 Certificate – Rationale & Brief Analysis
What is 197 Certificate? The section 197 of Income Tax Act, 1961 provides the facility of non-deduction or lower deduction of tax. The assessee whose…
View More 197 Certificate – Rationale & Brief AnalysisTDSMAN updated with FVU ver. 6.6 & FVU ver. 2.162
TDSMAN has been updated for the following newly released File Validation Utilities: FVU ver. 6.6 – For statement pertaining to FY 2010-11 onwards FVU ver. 2.162 –…
View More TDSMAN updated with FVU ver. 6.6 & FVU ver. 2.162Key Features – File Validation Utility (FVU) version 6.6 & 2.162
File Validation Utility (FVU) version 6.6 Addition of new column in Form 26Q & 27Q New column “Amount of cash withdrawal in excess of Rs.…
View More Key Features – File Validation Utility (FVU) version 6.6 & 2.162Section 194IB – TDS on Rent (for Individuals & HUF)
Effective from 1st June 2017, individuals & HUF not covered under tax audit have been subjected to deduct tax at source for rent payments if it…
View More Section 194IB – TDS on Rent (for Individuals & HUF)Due date for issuance of TDS certificates for Q3 of FY: 2019-20
Due date for issuance of TDS certificates for Q3 of FY: 2019-20 – 15th February, 2020 Note: The above is applicable for deductors other than…
View More Due date for issuance of TDS certificates for Q3 of FY: 2019-207th February – due date for TDS & TCS payment for January
7th February, 2020 is the due date for TDS and TCS payments for the deductions made in January 2020. Make sure to do the needful…
View More 7th February – due date for TDS & TCS payment for JanuaryDue date for filing of TDS returns for Q3 of FY: 2019-20 – 31st January
31st January – due date of filing TDS Returns for FY: 2019-20, Quarter 3 (Oct – Dec) Filing of TDS Returns for the quarter ended December…
View More Due date for filing of TDS returns for Q3 of FY: 2019-20 – 31st JanuaryFees for Late Filing of TDS Returns
Fees for Late Filing of TDS Returns are as follows: Section 234E-Levy of Fees Failure to submit TDS return on time will result in fees on…
View More Fees for Late Filing of TDS ReturnsHealthy Practices for Error-Free TDS Returns
Healthy practices for error-free TDS returns has been given below: Deduction/ Collection of Tax at Correct Rates. Timely Deposit of Tax Deducted at Source. Accurate…
View More Healthy Practices for Error-Free TDS Returns