Background Recently, the Central Board of Direct Taxes (CBDT) has issued a Notification amending Income-tax Rules, 1962 (the Rules) with respect to Tax Deducted at…
View More CBDT amends TDS and TCS related certain rulesTag: CBDT
Last date for filing of TDS returns for Q1, FY:2016-17 – 31st July, 2016
CBDT has vide notification no. 30/2016 dated 29-04-2016 has revised the due date for filing TDS Returns for Government and Non-Government Deductors w.e.f  1st June, 2016. The New Dates…
View More Last date for filing of TDS returns for Q1, FY:2016-17 – 31st July, 2016New Dates for filing of TDS Returns w.e.f 1st June, 2016
CBDT has vide notification no. 30/2016 dated 29-04-2016 has revised the due date for filing TDS Returns for Government and Non-Government Deductors w.e.f  1st June, 2016. The New Dates…
View More New Dates for filing of TDS Returns w.e.f 1st June, 2016Tax deduction at source is not applicable to reasonable per diem allowances paid to employees for overseas trips
Background The Income-tax Act, 1961 (the Act) provides exemption from tax in respect of allowances granted by an employer to its employees in order to…
View More Tax deduction at source is not applicable to reasonable per diem allowances paid to employees for overseas tripsRelaxation for Furnishing of UID in case of Form 15G/15H for certain quarters
Circular No.18/2016 F.No 142/32/2015-TPL Government of India Ministry of Finance Department of Revenue Central Board of Direct Taxes (TPL Division) Dated:Â 23rd May, 2016 Sub:…
View More Relaxation for Furnishing of UID in case of Form 15G/15H for certain quartersChanges in due dates of TDS return filing w.e.f 01.06.2016
Currently, the Due dates for filing of TDS returns are different for Government Deductors and Non Government Deductors, which is as follows : Sl. No. Date…
View More Changes in due dates of TDS return filing w.e.f 01.06.2016Payment of interest on refund under section 244A of excess TDS deposited under section 195 of the Income tax Act, 1961
The Income Tax (I-T) department will now add interest amount to a delayed refund made on excess tax deducted at source (TDS) cuts and will…
View More Payment of interest on refund under section 244A of excess TDS deposited under section 195 of the Income tax Act, 1961CBDT requests taxpayers to avail facility for online rectification
CBDT has issued a press release in which it has requested taxpayers to avail facility for online rectification. The issued press release has been given…
View More CBDT requests taxpayers to avail facility for online rectificationIncome Tax department gets new tech tool to identify, kill duplicate PAN
After years of labour, the Income Tax department has finally got a new technology tool to check the menace of duplicate PAN cards which also…
View More Income Tax department gets new tech tool to identify, kill duplicate PANNo demand notice if TDS not deposited by deductor
Income Tax officials sometimes penalize you even if you correctly comply the provisions. You being a taxpayer whose tax has been deducted at source but…
View More No demand notice if TDS not deposited by deductor