section 276BB

CPC (TDS) follow up for closing Short Payment Default due to Insufficient Challans

TDSMAN06 mins

CPC (TDS) has observed from its records that there are outstanding Short Payment Defaults with respect to TDS Statements filed by deductors.  The Short Payment Defaults are due to “Insufficient Challans”. CPC (TDS) has released a follow up communication to deductors in this regard which has been given below: Dear Deductor, (TAN: XXXXXXXXXXXX) As per…

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CPC (TDS) mandates closure of Short Payment Defaults in the quarterly TDS statements

TDSMAN07 mins

The Centralized Processing Cell (TDS), in its endeavour to enforce TDS Compliance, is shortly mandating closure of Short Payment defaults in the quarterly TDS statements due to Unmatched Challans, before the Conso files can be downloaded from TRACES for the relevant statements. Following are key information to be noted in this regard: CPC(TDS) mandates to…

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