What is 197 Certificate? The section 197 of Income Tax Act, 1961 provides the facility of non-deduction or lower deduction of tax. The assessee whose…
View More 197 Certificate – Rationale & Brief AnalysisTag: TDS software
Due date for issuance of TDS certificates for Q3 of FY: 2019-20
Due date for issuance of TDS certificates for Q3 of FY: 2019-20 – 15th February, 2020 Note: The above is applicable for deductors other than…
View More Due date for issuance of TDS certificates for Q3 of FY: 2019-20Healthy Practices for Error-Free TDS Returns
Healthy practices for error-free TDS returns has been given below: Deduction/ Collection of Tax at Correct Rates. Timely Deposit of Tax Deducted at Source. Accurate…
View More Healthy Practices for Error-Free TDS ReturnsUseful guidelines to avoid common mistakes while submitting TDS Statements
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…
View More Useful guidelines to avoid common mistakes while submitting TDS StatementsTDS Returns Software for FY: 2020-21 Released
On popular demand, we are pleased to announce the release of TDSMAN (FY: 2020-21). Now you can prepare TDS Returns for Q3 & Q4 of…
View More TDS Returns Software for FY: 2020-21 Released197 Certificate – Rationale & Brief Analysis
What is 197 Certificate? The section 197 of Income Tax Act, 1961 provides the facility of non-deduction or lower deduction of tax. The assessee whose…
View More 197 Certificate – Rationale & Brief AnalysisPoints 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 statementTips 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.…
View More Tips to avoid Defaults in TDS ReturnsInterest on Late Deduction of TDS
The due date for deduction is either at the time of giving credit or payment of the dues, whichever is earlier. Late deduction happens in…
View More Interest on Late Deduction of TDSTCS Return – Due Date 15th January for Quarter 3
15th January is the last date for filing TCS Returns for FY:19-20, Quarter 3. Typically TCS is applicable on sale of items like scrap, forest products,…
View More TCS Return – Due Date 15th January for Quarter 3