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 FileTag: TCS
FAQ on Online Correction
What is Online Correction? TRACES has provided the functionality of “Online Correction” where deductor can perform correction of TDS return /TCS return online. Following are the…
View More FAQ on Online CorrectionPoints to remember regarding TDS statement
Given below are the points one should remember regarding TDS statement: Correct Reporting: Cancellation of TDS return and deductee row is no longer permissible. Accordingly, it…
View More Points to remember regarding TDS statementTDS / TCS at Higher Rates for Non-filers of Income Tax Return
The government of India has been implementing measures to curb tax evasion and increase tax compliance by streamlining the tax collection processes. One of those…
View More TDS / TCS at Higher Rates for Non-filers of Income Tax ReturnTDS / TCS at Higher Rates for Non-filers of Income Tax Return
The government of India has been implementing measures to curb tax evasion and increase tax compliance by streamlining the tax collection processes. One of those…
View More TDS / TCS at Higher Rates for Non-filers of Income Tax ReturnKey TDS & TCS Amendments in Budget 2023
The finance minister in her 2023 budget announced, that the intention of government is to maintain continuity as well as simplify taxation and reduce the…
View More Key TDS & TCS Amendments in Budget 2023TDS / TCS at Higher Rates for Non-filers of Income Tax Return
The government of India has been implementing measures to curb tax evasion and increase tax compliance by streamlining the tax collection processes. One of those…
View More TDS / TCS at Higher Rates for Non-filers of Income Tax ReturnChanges in TDS Return filing dates for FY:23-24 Q1
1. TDS Return for Quarter 1 of the Financial Year 2023-24 for Form 24Q (Salary) is to be filed as usual within 31st July, 2023.…
View More Changes in TDS Return filing dates for FY:23-24 Q1TDS / TCS at Higher Rates for Non-filers of Income Tax Return
The government of India has been implementing measures to curb tax evasion and increase tax compliance by streamlining the tax collection processes. One of those…
View More TDS / TCS at Higher Rates for Non-filers of Income Tax ReturnKey TDS & TCS Amendments in Budget 2023
The finance minister in her 2023 budget announced, that the intention of government is to maintain continuity as well as simplify taxation and reduce the…
View More Key TDS & TCS Amendments in Budget 2023