What is the Late payment interest? When deductor deposits the TDS after due date of deposit, it is a case of late payment and interest…
View More FAQ on Late TDS paymentTag: Traces
Steps for Preparing Correction Returns
Steps Request for TDS (Consolidated) file from Traces Download requested TDS (Consolidated) file from Traces Upload TDS(Consolidated) file for correction into the software Make corrections…
View More Steps for Preparing Correction ReturnsPoints 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 statementCPC(TDS) reminder communication to Banks: Closure of defaults in Quarterly TDS Statements from Financial Year 2007-08 to Financial Year 2016-17 (Q3)
Date of communication: 19/04/2017 The Principal Officer Name: XXXXXXX TAN: XXXXXXXXXXXX Please refer to the earlier CPC(TDS) Communication regarding defaults in TDS Statements for different…
View More CPC(TDS) reminder communication to Banks: Closure of defaults in Quarterly TDS Statements from Financial Year 2007-08 to Financial Year 2016-17 (Q3)How to handle TDS on sale of property
Since June 2013, it has been mandatory for buyers of immovable property to deduct TDS from the amount to be paid to the seller. It…
View More How to handle TDS on sale of propertyTDS & TCS Return Filing Dates
TDS due dates Periodicity Due date (Return file) Due date (TDS Certificate) Q1 (Apr-Jun) 31st July 15th August Q2 (Jul-Sep) 31st October 15th November Q3…
View More TDS & TCS Return Filing DatesTips to avoid defaults in TDS Returns
One can avoid defaults in the TDS returns, by way of adherence to the following basic principles: Â Â Timely Payment of total taxes deducted/ collected…
View More Tips to avoid defaults in TDS ReturnsViewing of TDS through form 26AS
How to view your TDS through form 26AS? A taxpayer can view the tax credit or the tax that has been deducted on his behalf…
View More Viewing of TDS through form 26ASFacilities available through Online Correction
TRACES has provided the functionality of “Online Correction” where deductor can perform correction of TDS/TCS statements online. Deductor is required to Login to TRACES, Go…
View More Facilities available through Online CorrectionViewing of TDS through form 26AS
How to view your TDS through form 26AS? A taxpayer can view the tax credit or the tax that has been deducted on his behalf…
View More Viewing of TDS through form 26AS