Tips to avoid Defaults in TDS Returns

Tips to avoid Defaults in TDS Returns §  Make sure taxes are deducted on time and at correct deduction rates /amount. The applicable section under which the deduction falls should be correctly applied. §  Tax needs to be deducted either when payment is made or when amount is credited, whichever is earlier. It implies that…

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Common Errors in TDS Returns -Be careful

Following are some useful guidelines to avoid common mistakes, while submitting TDS Statements and you are requested to go through the following in detail. Incorrect reporting of 197 Certificates: Please refer to the following guidelines for correct reporting of 197 Certificates: The Certificate Number should be of 10 digits with Alpha-numeric structure. Please refer to…

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