Category: TDS Circulars

TDS/TCS Return – Online Filing

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Steps for filing TDS/ TCS Return online: Step – I The data structure (file format) in which the e-TDS / e-TCS return is to be prepared has been notified in… Read more »

Salary Details (Annexure II) : Form 24Q-Q4

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Last year, vide its Notification No. 36/2019 by the Income Tax Department had substantially modified the format of Part B of Form 16 (Salary TDS Certificate given to Employees) with… Read more »

FVU 6.7 & FVU 2.163 released by NSDL

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The Income Tax Department has released by today (12th June 2020), the following new File Validation Utilities: FVU version 6.7 – For statement pertaining to FY 2020-21 onwards FVU version… Read more »

Key Features – File Validation Utility (FVU) version 6.7 & 2.163

File Validation Utility (FVU) version 6.7 Addition of new section code 194K (i.e. Income from Mutual Fund Units) for Form 26Q Same will be applicable for regular and correction statements… Read more »

Salary Details (Annexure II) : Form 24Q-Q4

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Last year, vide its Notification No. 36/2019 by the Income Tax Department had substantially modified the format of Part B of Form 16 (Salary TDS Certificate given to Employees) with… Read more »

Salary TDS – Employee to inform Employer for concessional rate

Section 115BAC has been inserted in the Finance Act 2020 in the recent budget. This allows the option to Individuals & HUF to avail concessional rate of income tax with… Read more »