Tag: PAN
Government to notify mandatory quoting of PAN for cash transactions over Rs 2 lakh
•
You will have to flash your permanent account number (PAN) for any transaction of over Rs 2 lakh…
Simplification of procedure for Form No.15G & 15H -regarding
•
F. No.: DGIT(S)/CPC(TDS)/DCIT/15GH /2015-16/14425-556 Government of India Ministry of Finance Central Board of Direct Taxes Directorate of Income-tax(Systems)…
Guidelines for an employer to deduct TDS and issue Form16
•
Following are the guidelines for an employer to deduct TDS and issue Form 16: Make mandatory for all…
Income 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…
Steps for requesting Form 16
•
The procedure for requesting Form 16 from TRACES website has been given below: From FY:18-19 onwards, the Income…
Frequently Asked Questions (FAQ) on Form 16/16A
•
What is Form 16 / 16A? It is the certificate of deduction of tax at source by any…
I-T department launches PAN-based e-litigation management system
•
Aimed to reduce lengthy proceedings and time taken in litigation, the Income Tax department has activated a PAN-based…
Revised PAN application fees w.e.f 15th November, 2015
•
W.e. f. November 15, 2015, PAN application fees have been revised as under: For dispatch of PAN card…
Verification of TAN TDS Statements filed for Financial Years 2011, 2012 and 2013 (2 Deductee Rows)
•
CPC (TDS) has issued an advisory communication to all deductors regarding discrepancies which have been observed with respect to…
The taxpayer is entitled to TDS credit of its sister concern appearing in its Form 26AS due to an inadvertent error of a deductor
•
Background Recently, the Delhi High Court (High Court) in the case of Relcom1 (the taxpayer) held that the…