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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Procedure for the purposes of furnishing and verification of Form 26A for removing of default of Short Deduction and /or Non Deduction of Tax at Source

F.No. DGlT(5)/CPC(TDS)/NOTIFICATION/2016-17 Government of India Ministry of Finance Central Board of Direct Taxes Directorate of Income-tax(Systems) New Delhi. Notification No. 11 /2016 New Delhi, 2nd December, 2016 Subject:  Procedure for the purposes of furnishing and verification of Form 26A for removing of default of Short Deduction and/or Non Deduction of Tax at Source – Reg….

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