Category Archives: General

PAN Application Procedure Changed Wef 3.2.14 – Original Proofs Mandatory

The procedure for PAN allotment process will undergo a change w.e.f.03.02.2014. From this date onwards, every PAN applicant has to submit self attested copies of 1. Proof of Identity (POI),… Read more »

Department notice to Tax Payers regarding Form 16/16A

The department has issued a notice to every Tax Payer stating that every tax payer should insist on getting Form 16/16A from their deductor downloaded only from TRACES website.  (http://www.tdscpc.gov.in)… Read more »

Issue or Reject Lower / Nil deduction Tax Certificate U/s. 197 within one Month: CBDT

GOVERNMENT OF INDIA MINISTRY OF FINANCE DEPARTMENT OF REVENUE CENTRAL BOARD OF DIRECT TAXES NEW DELHI INSTRUCTION NO 1/2014, Dated: January 15, 2014 Certificate of Lower deduction or non-deduction of… Read more »

No TDS on Service Tax u/s 194J of the Income Tax Act

The CBDT hass issued a Circular No. 01/2014 dated 13.01.2014 regarding deduction of TDS under Section 194J (chapter XVII-B of the Income Tax Act, 1961) on professional and technical services.  This circular clarifies that on Professional… Read more »