Tag Archives: Tax Collection at Source

Procedure for the purposes of furnishing and verification of Form 27BA for removing of default of Short Collection and/or Non Collection of Tax at Source

F.Ro. DGIT(S)/CPC(TDS)/NOTIFICATION/2016-17 Government of India Ministry of Finance Central Board of Direct Taxes Directorate of Income-tax(Systems) New Delhi. Notification No. 12/ 2016 New Delhi, 8th December, 2016 Subject:  Procedure… Read more »

3 Simple Steps for Tax Deductors to follow

Below are the three simple steps for Tax Deductors to follow in case of TDS and TCS: 1. Deduct Correct TDS while making payment as required by law Deduct tax… Read more »

TDS/TCS Rates Chart for F.Y. 2015-16

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The TDS and TCS rates chart for the financial year 2015-16 has been given below: TDS rates for F.Y. 2015-16  Nature of Payment Made To Residents Cutoff (Rs.) Company / Firm… Read more »