TDS / TCS (Income Tax) – Information & Resource Bank
NSDL e-Governance Infrastructure Limited PAN Services Circular No.: NSDL/TIN/2017/001 January 10, 2017 Subject: New design of PAN card All TIN-FCs & PAN Centres are hereby informed that the Income Tax Department (ITD) has prescribed certain changes in the existing design of the PAN Card. Accordingly, with effect from January 1, 2017, PAN cards are being…
TIN NSDL has now introduced CAPTCHA code (as a mandatory value) which is required to be entered for downloading CSI file from TIN website. This CSI file is used for validation of quarterly e-TDS/TCS Statement(s) while generating the .FVU file through the File validation utility. TDSMAN is now updated with the embedding of the CAPTCHA…
TIN NSDL has now introduced CAPTCHA (as a mandatory value) which is required to be entered for downloading CSI file from TIN website. This CSI file is used for validation of quarterly e-TDS/TCS Statement(s) while generating the .FVU file through the File validation utility. TDSMAN software has the facility for giving its users a seamless…
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…
As earlier reported that CBDT has changed pan application procedure and issued a circular no. 11 dated 16.01.2014. In given circular CBDT directed TIN-FC to verify identity proof, Residential proof and DOB proof of PAN applicant from original documents. Now the decision has been reviewed and put on hold till further orders. CBDT has released…
The process of filing a Revised Return is the same as filing an Original Return. The only difference is that in the Excel utility (Return Preparing Software), you need to select the ‘Revised’ return option and provide the Original e-Filing Acknowledgement number and Date of filing the Original return. Further, the assessee is required to…
Every person responsible for making payment of nature covered by TDS provisions of Income Tax Act shall be responsible to deduct tax at source while making such payments. In addition to the deduction and payment of taxes to the credit of the government, there is also an obligation to file TDS returns, which would…
Get special discounts and gifts on purchase of TDSMAN software (FY 2013-14) which is priced at Rs 3000/- Valid upto 30th June, 2013. Click here to know more.
E-Payment facilitates payment of taxes online by taxpayers. To avail this facility the taxpayer is required to have a net-banking account with any of the authorized banks. Please follow the steps as under to pay tax online:- Step 1: a) Log on to NSDL-TIN website (www.tin-nsdl.com). b) Click on the option Furnish TDS on property….
From June 1st 2013, transfer by a resident of immovable property (other than agricultural land) where consideration exceeds Rs 50 lakhs would attract TDS @ 1% u/s 194 IA. The person is required to deduct tax and would not be required to obtain a Tax Deduction Account Number. The Central Board of Direct Taxes (CBDT)…