In the Finance Act 2020, a new sub section has been added which is vide Section 206C (1H) to give effect to the Tax collected…
View More TCS on sale of goods – Amendment from 1st October 2020Tag: Income Tax Department
Salary Details (Annexure II) : Form 24Q-Q4
Vide Notification No. 36/2019 by the Income Tax Department it had substantially modified the format of Part B of Form 16 (Salary TDS Certificate given…
View More Salary Details (Annexure II) : Form 24Q-Q4Types of Corrections in TDS Returns
There are 6 types of corrections namely C1, C2, C3, C4, C5, C9. The following table briefly talks about each correction type: Type Corrections in:…
View More Types of Corrections in TDS ReturnsRevision of due date to issue Form 16
Form 16A for non salary deduction is to be issued within 15 days of filing the quarterly returns. However as per the Income Tax department…
View More Revision of due date to issue Form 16I-T department warns taxpayers against fraudulent emails
The Income Tax Department warned tax payers against phishing/fraudulent refund emails saying it does not seek details of personal information like PIN through e-mail. “The…
View More I-T department warns taxpayers against fraudulent emailsIncome Tax department launches upgraded website for taxpayers
The Income Tax department has launched an upgraded version of its official web portal featuring better links for taxpayer services and grievance redressal. The new…
View More Income Tax department launches upgraded website for taxpayersKey Features -File Validation Utility (FVU) version 4.8
1. Section code 192A: In addition to Form no. 26Q, this section will also be applicable for Form no. 27Q where the date of payment…
View More Key Features -File Validation Utility (FVU) version 4.8CBDT issues Circular for Early & Satisfactory Resolution of Taxpayers’ Grievances
CBDT has issued a circular for early & satisfactory resolution of taxpayers’ grievances relating to verification & correction of tax demand outstanding against them. The…
View More CBDT issues Circular for Early & Satisfactory Resolution of Taxpayers’ GrievancesDue Date for filing of ITR-V for AY 2012-13 and 2013-14 extended to 31.03.2014
The due date for filing of ITR-V for AY 2012-13 and 2013-14 has been extended to 31st March, 2014. The notification produced in this regard…
View More Due Date for filing of ITR-V for AY 2012-13 and 2013-14 extended to 31.03.2014How to check e-TDS Challan Status Query ?
TDSCPC.GOV.IN has provided a facility to check the Challan Status Query vide which it can be checked that has there any challan not claimed by…
View More How to check e-TDS Challan Status Query ?