1. Last date for payment of tax deductions/collections for April-7th May 2014 2. Last date of filing of TDS/TCS returns for Q4 of F.Y. 2013-14 – 15th May, 2014 3. Last date for issuance of the TDS/TCS certificates for Q4 – 30th May, 2014 * The above is applicable for deductors other than the Office of the…
1. Leave allowance: An employee can use such an allowance to cover his domestic travel and can be used for air, rail, and road transport. 2.Gratuity paid to an employee also has taxation benefits. To determine the taxability of gratuity, it is important to understand whether an employee is covered by payment of gratuity act. If an…
New File Validation Utilities – FVU 3.5 have been released pertaining to validation of eTDS & eTCS returns. FVU 3.5 will be applicable for quarterly TDS / TCS statements pertaining to FY 2010-11 onwards & FVU 2.132 will be applicable for quarterly TDS / TCS statements pertaining up to FY 2009-10. Key features of File Validation Utility (FVU)…
New File Validation Utilities – FVU 3.4 & 2.132 has been released pertaining to validation of eTDS & eTCS returns. FVU 3.4 will be applicable for quarterly TDS / TCS statements pertaining to FY 2010-11 onwards & FVU 2.132 will be applicable for quarterly TDS / TCS statements pertaining up to FY 2009-10. Key features of File Validation Utility…
Tax Information Network (TIN) has always been providing various facilities to deductors. One such facility provided under TIN is authenticated login (TAN account) provided to deductors/collectors at TIN website. Under this login, following functions are provided: Online request of consolidated TDS/TCS file: Useful for preparation of correction statement. Online generation of Form 16A for valid…
New File Validation Utilities – FVU 3.3 & 2.131 has been released, which will be mandatorily applicable from February 01, 2012. FVU 3.3 will be applicable for quarterly TDS / TCS statements pertaining to FY 2010-11 onwards and will be mandatory with effect from February 01, 2012. FVU 2.131 will be applicable for quarterly TDS /…