Follow the steps mentioned below in case of Late Payment Intimation Received: The default amount will have to be deposited through challan number ITNS –…
View More Steps to follow in case of Late Payment Intimation ReceivedTag: Online Correction
CPC(TDS) releases Online Correction Facility for 26QB Statements
Dear Buyer of Immovable Property, The Centralized Processing Cell (TDS) is pleased to inform the release of Online Correction facility for TDS statements filed in…
View More CPC(TDS) releases Online Correction Facility for 26QB StatementsFAQ on Online Correction
What is Online Correction? TRACES has provided the functionality of “Online Correction” where deductor can perform correction of TDS return /TCS return online. Following are the…
View More FAQ on Online CorrectionBasic principles of TDS Compliance
The following are the basic principles of TDS compliance: Deduction/ Collection of Tax at Correct Rates Timely Deposit of Tax Deducted at Source Accurate Reporting…
View More Basic principles of TDS ComplianceClosure of defaults in Quarterly TDS Statements from Financial Year 2007-08 onwards
CPC(TDS) reminder communication to banks regarding closure of defaults in Quarterly TDS Statements from Financial Year 2007-08 onwards. The issued communication has been given below:…
View More Closure of defaults in Quarterly TDS Statements from Financial Year 2007-08 onwardsAvail the Benefit of Intermediate Default Communications and Avoid Intimations from CPC (TDS)
Dear Deductor, As you may be aware by now that the Centralized Processing Cell (TDS) is informing you of PAN and Challan Errors, through an…
View More Avail the Benefit of Intermediate Default Communications and Avoid Intimations from CPC (TDS)FAQ on Online Correction
What is Online Correction? TRACES has provided the functionality of “Online Correction” where deductor can perform correction of TDS/TCS statements online. Following are the various…
View More FAQ on Online CorrectionHealthy Practices for Error-Free TDS Returns
Healthy practices for error – free TDS returns has been given below: Deduction/ Collection of Tax at Correct Rates. Timely Deposit of Tax Deducted at…
View More Healthy Practices for Error-Free TDS ReturnsSignificant change in processing of Quarterly TDS Statements
CPC (TDS) has issued a communication to deductors in which it has stated about a significant change in processing of Quarterly TDS Statements. The central…
View More Significant change in processing of Quarterly TDS StatementsCorrection of TDS challan without digital signature
Deductors can correct two type of errors online after registration of digital signature. 1. Online correction of challan. 2. Online correction of PAN. Now TDSCPC…
View More Correction of TDS challan without digital signature