Useful guidelines to avoid common mistakes while submitting TDS Statements
Following are some useful guidelines to avoid common mistakes, while submitting TDS Statements and you are requested to go through the following in detail. Incorrect…
View More Useful guidelines to avoid common mistakes while submitting TDS StatementsSynopsis of changes – File Validation Utility (FVU) Ver. 6.2
FVU Ver. 6.2 has been released on 12th May 2019. This FVU is primarily based on the new changes in Annexure II (Salary Details) of…
View More Synopsis of changes – File Validation Utility (FVU) Ver. 6.2Major Changes in Salary TDS Returns – Form 24Q
Recently vide its Notification No. 36/2019 by the Income Tax Department has substantially modified the format of Part B of Form 16 (Salary TDS Certificate…
View More Major Changes in Salary TDS Returns – Form 24QHealthy Practices for Error-Free TDS Returns
Healthy practices for error-free TDS returns has been given below:Â Deduction/ Collection of Tax at Correct Rates. Timely Deposit of Tax Deducted at Source. Accurate…
View More Healthy Practices for Error-Free TDS ReturnsFVU 6.2 & FVU 2.158 released by NSDL
The Income Tax Department has released on 12th May 2019, the following new File Validation Utilities: FVU version 6.2 – For statement pertaining to FY…
View More FVU 6.2 & FVU 2.158 released by NSDLKey Features – File Validation Utility (FVU) version 6.2 & 2.158
File Validation Utility (FVU) version 6.2 Changes in FVU validations based on new changes in Annexure II (Salary Details) of Form 24Q-Q4 Validations related to…
View More Key Features – File Validation Utility (FVU) version 6.2 & 2.158TDS & TCS Rate Chart (FY: 2019-20 / AY: 2020-21)
 TDS RATE CHART FY: 2019-20 (AY: 2020-21) Section Nature of Payment Threshold Indv/ HUF Others   Rs. TDS Rate (%) 192 Salaries …
View More TDS & TCS Rate Chart (FY: 2019-20 / AY: 2020-21)TCS Return – Last Date 15th May
15th May is the last date for filing TCS Returns for FY:18-19, Quarter 4. Typically TCS is applicable on sale of items like scrap, forest…
View More TCS Return – Last Date 15th MayBasic duties of the person who is liable to deduct tax at source
Following are the basic duties of the person who is liable to deduct tax at source: He shall obtain Tax Deduction Account Number and quote…
View More Basic duties of the person who is liable to deduct tax at sourceTDS Returns – Employee details to have breakup of earnings from current employer and previous employers during the Financial Year
From Financial Year 2013-14 (AY: 2014-15), while preparing the employee details to file TDS Returns (Form 24Q) in the 4th quarter (Jan-Mar), a provision has…
View More TDS Returns – Employee details to have breakup of earnings from current employer and previous employers during the Financial Year