No tax would be deducted at source for PF withdrawals of up to Rs 50,000 from June 1. The government has notified raising the threshold…
View More No TDS for provident fund withdrawals of up to Rs 50,000 from June 1Tag: PAN
Details available in TDS certificate (Form 16 / 16A)
The details available are as below: Name / Address / TAN of Deductor Name / Address / PAN of Tax Payer Certificate Number Summary of…
View More Details available in TDS certificate (Form 16 / 16A)Do’s & Dont’s for TDS Returns
Given below are some dos and dont for filing of TDS returns: Dos Ensure that TDS return is filed with same TAN against which TDS…
View More Do’s & Dont’s for TDS ReturnsFees and Penalty for Late Filing of TDS Returns
Fees and Penalty for Late Filing of TDS Returns are as follows: Section 234E-Levy of Fees Failure to submit TDS return on time will result in…
View More Fees and Penalty for Late Filing of TDS ReturnsHealthy 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 Source. Accurate…
View More Healthy Practices for Error-Free TDS ReturnsPoints to be remembered by the purchaser/buyer of the property
Following are the points to be remembered by the buyer of the property: Deduct TDS @ 1% on the total sale consideration. Collect the Permanent…
View More Points to be remembered by the purchaser/buyer of the propertyPoints to be remembered by the Seller of the property
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 propertyGuidelines for an employer to deduct TDS and issue Form 16
Following are the guidelines for an employer to deduct TDS and issue Form 16: Make mandatory for all the employees to declare previous salary, investment…
View More Guidelines for an employer to deduct TDS and issue Form 16CPC(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 StatementsCPC (TDS) Follow up: 26QB Statement not yet filed for Purchase of Property during FY 2014-15
CPC (TDS) has issued an advisory communication to the buyers 0f immovable property regarding filing of TDS statement in Form 26QB. The issued communication has been…
View More CPC (TDS) Follow up: 26QB Statement not yet filed for Purchase of Property during FY 2014-15