CPC (TDS) has issued a communication to banks regarding non reporting of 15G/H transaction in contravention of rule 31A (4) of Income Tax Rules read…
View More Non reporting of 15G/H transaction in contravention of rule 31A (4) of Income Tax Rules read with section 200 of Income Tax ActTag: TDS Statements
CPC (TDS) reminder to Banks for raising Flag “B” in TDS Quarterly Statements against 15G/H transactions
CPC (TDS) has issued a communication to banks regarding raising of Flag “B” in TDS Quarterly Statements against 15G/H transactions. The issued communication has been…
View More CPC (TDS) reminder to Banks for raising Flag “B” in TDS Quarterly Statements against 15G/H transactionsCPC (TDS) advisory for closure of Short Payment Defaults using Online Correction facility
CPC (TDS) has issued a advisory communication in which it has recommended deductors that in case there are Short Payment Defaults in their TDS Statements…
View More CPC (TDS) advisory for closure of Short Payment Defaults using Online Correction facilityCPC (TDS) reminds deductors to file TDS statements for Q1, FY 2014-15
CPC (TDS) has issued a reminder communication to all deductors who have filed TDS Statements for Q1, FY 2013-14 but not filed yet for Q1,…
View More CPC (TDS) reminds deductors to file TDS statements for Q1, FY 2014-15CPC (TDS) reminder for filing, where TDS has been paid, however, Quarterly TDS Statements are not filed
CPC (TDS) has issued a reminder communication for etds filing, where TDS has been paid, however, Quarterly TDS Statements are not filed. CPC (TDS) has…
View More CPC (TDS) reminder for filing, where TDS has been paid, however, Quarterly TDS Statements are not filedCPC (TDS) reminder to report tax deducted against collection of 197 certificates for FY 2013-14
CPC (TDS) has observed that some deductors have not filed TDS Statements for FY 2013-14, despite collecting lower deduction 197 Certificates from their deductees. The…
View More CPC (TDS) reminder to report tax deducted against collection of 197 certificates for FY 2013-14FAQ on TDS /TCS statement
1. Who is required to file e-TDS / e-TCS statement? As per Income Tax Act, 1961, all corporate and government deductors / collectors are mandatorily…
View More FAQ on TDS /TCS statementCPC (TDS) communication to Govt. Deductors for quoting AIN details in the TDS Statements
CPC (TDS) asks government deductors to quote AIN details in TDS Statements. The letter issued by CPC (TDS) is as follows: Dear Deductor, As per…
View More CPC (TDS) communication to Govt. Deductors for quoting AIN details in the TDS StatementsGuidelines to avoid common mistakes while submitting TDS Statements
Following are some useful guidelines to avoid common mistakes, while submitting TDS Statements: Incorrect reporting of 197 Certificates: Please refer to the following guidelines for…
View More Guidelines to avoid common mistakes while submitting TDS StatementsCPC (TDS) communication for payment of outstanding Short Payment Defaults
According to CPC (TDS), there are outstanding short payment defaults for TDS statements filed by deductors. The letter issued by CPC (TDS) to deductors in this…
View More CPC (TDS) communication for payment of outstanding Short Payment Defaults