Category Archives: Income Tax

TDS Credit without matching up to 5000/- A.Y. 2011-12

Few Months back Income tax department has issued instruction 01/2012 in which TDS matching with form 26AS was relaxed for assessment year 2011-12.In these instructions TDS claim can be accepted… Read more »

Changes in Tax Collection at Source (TCS) in Budget 2012

Introduction: As per the provisions of Section 206C, tax is required to be collected at source by the seller at the specified rate on certain goods like alcoholic liquor, tendu… Read more »

TDS, Advance Tax & SA Challan Status on Mobile

SMS BASED SERVICE FOR CHALLAN STATUS National Securities Depository Limited (NSDL) provides CIN (Challan Identification Number) based view of direct tax challans to taxpayers to know the status of challan… Read more »