Following are the points to be remembered by the seller of the property: Provide a copy of PAN Card to the Purchaser of the property…
View More Points to be remembered by the Seller of the propertyTag: form 26as
The taxpayer is entitled to TDS credit of its sister concern appearing in its Form 26AS due to an inadvertent error of a deductor
Background Recently, the Delhi High Court (High Court) in the case of Relcom1 (the taxpayer) held that the taxpayer is entitled to the credit of…
View More The taxpayer is entitled to TDS credit of its sister concern appearing in its Form 26AS due to an inadvertent error of a deductorThings to note to avoid notice from Department
With the Income Tax Department becoming net savvy and going online, it has become very easy for them to identify discrepancies in your papers and…
View More Things to note to avoid notice from DepartmentProcessing of statements might take 7 to 10 working days from date of filing
The following information has been displayed on TRACES website: Considering peak statement filing time, processing of statements might take 7 to 10 working days from…
View More Processing of statements might take 7 to 10 working days from date of filingRights of Tax Payers
Credit of TDS If tax has been deducted at source u/s 192 to 194 A/B/BB/C/ D/E/EE/F/G/H/I/J/K, 195, 196A/B/C and D, the person from whose income…
View More Rights of Tax PayersFrequently Asked Questions (FAQ) on Filing of TDS / TCS statement
Who is required to file e-TDS / e-TCS statement? As per Income Tax Act, 1961, all corporate and government deductors / collectors are mandatorily required…
View More Frequently Asked Questions (FAQ) on Filing of TDS / TCS statementProcessing of statements might take 7 to 10 working days from date of filing
An important information regarding TDS statement has been displayed at TRACES website which states as follows: Considering peak statement filing time, processing of statements might…
View More Processing of statements might take 7 to 10 working days from date of filingDifferent statuses available on TRACES regarding TDS / TCS statement
Below are the Different statuses available on TRACES regarding TDS / TCS statement Following processing status shall be displayed for regular statement: Pending for Processing…
View More Different statuses available on TRACES regarding TDS / TCS statementRights of Employees & Others (TDS Deductees)
Credit of TDS – If tax has been deducted at source u/s 192 to 194 A/B/BB/C/ D/E/EE/F/G/H/I/J/K, 195, 196A/B/C and D, the person from whose…
View More Rights of Employees & Others (TDS Deductees)Duties of person deducting tax at source and rights of tax payers
The duties of person deducting tax at source and the rights of the tax payers has been given below: Duties of person deducting tax at…
View More Duties of person deducting tax at source and rights of tax payers