Category Archives: TDS Circulars

CBDT issues Circular for Early & Satisfactory Resolution of Taxpayers’ Grievances

CBDT has issued a circular for early & satisfactory resolution of taxpayers’ grievances relating to verification & correction of tax demand outstanding against them. The Income Tax Department has taken… Read more »

CPC (TDS) communication for payment of outstanding Short Payment Defaults

According to CPC (TDS), there are outstanding short payment defaults for TDS statements filed by deductors. The letter issued by CPC (TDS) to deductors in this regard is given as followed:… Read more »

Issue TDS certificates by 30/07/2014 to avoid penalties

Last date for issuance of TDS/TCS certificates for Q1 of FY: 2014-15 – 30th July, 2014 The above is applicable for deductors other than the Office of the Government Delay… Read more »

Flag raised for 15G/H despite Income exceeding the amount of exemption

CPC(TDS)  has observed from its records that Flag “B” (for 15G/H Forms) has been wrongly raised in the quarterly TDS Statements. CPC(TDS) has issued a letter to all deductors in… Read more »