As per instructions issued by the Central Board of Direct Taxes (CBDT), it is mandatory for deductors to file TDS/TCS returns with a threshold limit…
View More Procedure for filing TDS returns with insufficient deductee PANTag: CBDT
Unmatched TDS challans in form 26AS to be verified & corrected by 31-12-2013: CBDT
INSTRUCTION NO 11/2013, Dated: 27 August, 2013 Subject: Action on Unmatched Challans reflected in Form 26AS-direction of the Honble Delhi HC in the case Court…
View More Unmatched TDS challans in form 26AS to be verified & corrected by 31-12-2013: CBDTDeductors not depositing TDS by due date are liable for prosecution
Tax deductors who default in depositing TDS by due date shall be liable for prosecution: CBDT Central Board of Direct Taxes (CBDT) issued a press…
View More Deductors not depositing TDS by due date are liable for prosecutionIncome Tax Refund without matching of TDS
CBDT has issued an important instruction to all officers regarding refund of TDS without matching of tds amount with form 26AS. As per new instructions…
View More Income Tax Refund without matching of TDSTDS on transfer of immovable properties w.e.f 01.06.2013
From June 1st 2013, transfer by a resident of immovable property (other than agricultural land) where consideration exceeds Rs 50 lakhs would attract TDS @…
View More TDS on transfer of immovable properties w.e.f 01.06.2013Booklet on Permanent Account Number (PAN)
This booklet has been brought out for the first time under the Tax Payers Information Series. It is an attempt to help the taxpayers who…
View More Booklet on Permanent Account Number (PAN)Mandatory e-filing of Income Tax Return if income exceeds Rs. 5,00,000
e-filing of return is mandatory if income exceeds Rs. 5,00,000 or assessee claims relief U/s. 90, 90A or 91 CBDT has vide notification No. 34/2013…
View More Mandatory e-filing of Income Tax Return if income exceeds Rs. 5,00,000CIT, CPC (TDS) will be subordinate to DGIT (System)
MINISTRY OF FINANCE (Department of Revenue), (Central Board of Direct Taxes), NOTIFICATION No. 15/2013, Income-Tax, New Delhi, the 26th February, 2013 S.O. 460(E).-In exercise…
View More CIT, CPC (TDS) will be subordinate to DGIT (System)TDS Statement with digital signature allowed amendment in TDS rules
INCOME-TAX (SECOND AMENDMENT) RULES, 2013 – AMENDMENT IN RULES 31A & 31AA; SUBSTITUTION OF RULES 31ACB, 37J AND FORM NOS.15G, 15H, 16, 16A, 24Q,…
View More TDS Statement with digital signature allowed amendment in TDS rulesProcedure for refund of excess TDS deducted/ paid
Analysis of CIRCULAR NO. 2/2011 [F.NO. 385/25/2010-IT(B)], DATED 27-4-2011 If a deductor has deposited excess amount of TDS , the procedure for getting refund was…
View More Procedure for refund of excess TDS deducted/ paid