Tag Archives: TDS/TCS statement

Various types of defaults that may get generated on 26QB processing

Following are the types of Defaults that may get generated on 26QB processing:- 1.Short Deduction: Short deduction is computed when the rate at which TDS Deducted’ is less than 1%…. Read more »

One time relief for Government deductors for late fees

The due date to file TDS/TCS statement for government deductors has been extended by the CBDT for the following financial years:       (i) FY 2012-13 – 2nd to 4th Quarter… Read more »