The following important notifications have been displayed on TRACES website: The original statement will be put on hold if Challan Mismatch/Challan Overbooked/PAN Errors has been…
View More Important notifications displayed on TRACES websiteTag: PAN
FAQ – TDS on rent under section 194-I
1. What are the provisions relating to TDS on rent? From which date same are applicable? As per the Finance Act, 1994 the provisions of…
View More FAQ – TDS on rent under section 194-IRequest for download of Conso File will not be accepted in case there are unmatched challans in the selected statement
An important message has been displayed for the deductors on the TRACES website regarding downloading of conso file. The displayed message has been given below: …
View More Request for download of Conso File will not be accepted in case there are unmatched challans in the selected statementDos & Dont’s for filing TDS Returns
Given below are some dos and don’t for filing of TDS returns: Dos Ensure that TDS return is filed with same TAN against which TDS…
View More Dos & Dont’s for filing TDS ReturnsFinance Minister to launch enhanced single window website for taxpayers
Finance Minister Arun Jaitley will launch an updated version of the existing website of Income Tax Department today to enable taxpayers to file easily their…
View More Finance Minister to launch enhanced single window website for taxpayersImportant steps/procedures with respect to payment of taxes
Taxpayers, deductors or collectors can pay direct taxes through Authorised Bank branches either physically, through ATM or through internet. Type of Challans to be used…
View More Important steps/procedures with respect to payment of taxesFAQ about Conso File
1. What is a conso file? It is the consolidated data of the statements processed (regular & correction) for the relevant Financial Year, Quarter and…
View More FAQ about Conso FileCPC (TDS) reminder to report tax deducted against collection of 197 certificates for FY 2013-14
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…
View More CPC (TDS) reminder to report tax deducted against collection of 197 certificates for FY 2013-14FAQ on TDS /TCS statement
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…
View More FAQ on TDS /TCS statementGuidelines to avoid common mistakes while submitting TDS Statements
Following are some useful guidelines to avoid common mistakes, while submitting TDS Statements: Incorrect reporting of 197 Certificates: Please refer to the following guidelines for…
View More Guidelines to avoid common mistakes while submitting TDS Statements