Monthly Archives: February 2014

CPC automates default identification process in respect of TDS statements

The Centralized Processing Cell (TDS) automated the Default identification process in respect of TDS statements submitted. CPC (TDS) has¬†highlighted the need for correct and complete reporting of data in the… Read more »

Important points to consider while submitting Corrections

Following are some useful information to adhere before submitting Corrections, with special reference to C3 & C9 What are C3 & C9 Corrections? C3 Correction involves Updation¬† or Addition of… Read more »

Penalty for non furnishing of PAN in TDS statement

      No Comments on Penalty for non furnishing of PAN in TDS statement

In case, the PAN Numbers are not furnished by the deductees, the respondent-assessee cannot be penalised under Section 272B. Section 139A also imposes the obligation on the deductees to furnish… Read more »