After years of labour, the Income Tax department has finally got a new technology tool to check the menace of duplicate PAN cards which also…
View More Income Tax department gets new tech tool to identify, kill duplicate PANTag: PAN
Budget 2016: NRIs without PAN not to be subjected to higher rate of TDS
Finance Minister Arun Jaitley in his Budget 2016 speech said that Non-resident Indians (NRIs) without PAN will not be subjected to higher rate of TDS.…
View More Budget 2016: NRIs without PAN not to be subjected to higher rate of TDSCBDT mechanism for identification of duplicate PANs
ITBA-PAN Instruction No. 3Â Dated: 24-2-2016 As per current process, PAN holder who wants to update core field and address details of the PAN allotted…
View More CBDT mechanism for identification of duplicate PANsWhere TDS is applicable and how relief is availed
Salary income: Employer deducts TDS on total income, including income other than salary after taking into account all deductions and exemptions. This saves the individual…
View More Where TDS is applicable and how relief is availedFAQ on TDS/TCS Credit
What is view TDS / TCS credit? This is a facility which can be availed by deductor in order to verify whether the PANs for…
View More FAQ on TDS/TCS CreditTips to avoid defaults in TDS Statements
One can avoid defaults in the TDS returns, by way of adherence to the following basic principles: Â Â Timely Payment of total taxes deducted/ collected…
View More Tips to avoid defaults in TDS StatementsPoints to remember before filing the quarterly TDS statement
Given below are the points one should remember before quarterly etds filing: Correct Reporting: Cancellation of TDS return and deductee row is no longer permissible. Accordingly,…
View More Points to remember before filing the quarterly TDS statementDo’s & Dont’s for TDS Returns
Given below are some do’s and don’t for filing of TDS returns: Do’s Ensure that TDS return is filed with same TAN against which TDS…
View More Do’s & Dont’s for TDS ReturnsBasic 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 ComplianceAmendment of Rules regarding quoting of PAN for specified transactions
Government of India Ministry of Finance Department of Revenue Central Board of Direct Taxes  PRESS RELEASE New Delhi, 31st December, 2015 Subject: Amendment of…
View More Amendment of Rules regarding quoting of PAN for specified transactions