CPC (TDS) has issued a reminder communication to all deductors who have filed TDS Statements for Q1, FY 2013-14 but not filed yet for Q1, FY 2014-15. The issued communication has been given below: Dear Deductor, As per the records of the Centralized Processing Cell (TDS), you have filed TDS Statements for Q1, FY 2013-14,…
CPC (TDS) has issued a reminder communication for etds filing, where TDS has been paid, however, Quarterly TDS Statements are not filed. CPC (TDS) has observed from its records that some deductors have made payments for Tax Deducted but have not filed TDS statements for any quarter in FY 2013-14. CPC (TDS) has issued a…
CPC (TDS) has observed that some deductors have not filed TDS Statements for FY 2013-14, despite collecting lower deduction 197 Certificates from their deductees. The CPC (TDS) has issued a communication in this regard and has suggested deductors to file TDS Statements and take appropriate action for reporting deduction of tax against certificate 197 while filing. The…
1. 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 to file their TDS / TCS statements on electronic media (i.e. e-TDS / TCS statements). However, deductors / collectors other than corporate / government can file either in physical…
Q 1. What are the way, I can file my Income Tax Returns? Return of income can be filed manually or online mode. If return of income is filed through online mode, then the assessee has following two options: (1) E-filing using a Digital Signature (2) E-filing without a Digital Signature If return of income…
For the convenience of the taxpayers, the Income Tax Department has decided to keep the offices open for accepting the returns of income during normal office hours on 26th July and 27th July, 2014, being Saturday and Sunday. This direction has been issued by the Central Board of Direct Taxes in exercise of powers conferred…
Dear Deductor, As per the records of Centralized Processing Cell (TDS), the TDS Statements have been filed by you for different quarters for the Financial Year 2013-14. However, you have not yet downloaded TDS Certificates (Forms 16/ 16A) from our portal. Please refer to the following provisions of the Income Tax Act, 1961 in this…
CPC (TDS) has issued a communication to the deductors regarding TDS Statements filed for Q 1, FY 2012-13 but not yet filed for Q 1, FY 2013-14. Through this communication, CPC(TDS) has made it clear that if deductors are not required to submit the relevant statement, then they are requested to submit a declaration by…
CBDT has released a press release on 4th July 2014 in which it has been mentioned that now One mobile number or email ID can be used for a maximum of 10 user accounts as the Primary Contact- Mobile Number and Email ID in e-Filing. The press released has been given below: UPDATE AND VALIDATE…
The Income Tax Department has released the following new File Validation Utilities on 27th June, 2014: FVU version 4.3 – For Statements pertaining to FY 2010-11 onwards. FVU version 2.139 – For Statements upto FY 2009-10. These two FVU versions are mandatory with effect from June 28, 2014. Click here to view the key features of FVU…