Income Tax Refund without matching of TDS
CBDT has issued an important instruction to all officers regarding refund of TDS without matching of tds amount with form 26AS. As per new instructions when an assessee approaches the… Read more »
Monthly Archives: July 2013
TDS Returns -Employee details to have breakup of earnings from current employer and previous employers during the Financial Year
From Financial Year 2013-14 (AY: 2014-15), while preparing the employee details to file TDS Returns (Form 24Q) in the 4th quarter (Jan-Mar), a provision has been made to separate out… Read more »
Clarification on 194I
As rent on plant & machinery and rent on property & furniture attracted different rate of TDS, there was lot of confusion which resulted in incorrect deductions leading to unintentional… Read more »
Download ITR -7 for Online Filing AY 2013-14
Income Tax Department has released Income Tax Return (ITR ) 7 as applicable for persons including companies required to furnish return under section 139(4A) or section 139(4B) or section 139(4C) or… Read more »
TDSMAN updated with FVU Ver. 3.8
TDSMAN has been updated in compliance with the significant structural changes as per the new File Validation Utilitiy-FVU Ver 3.8 that has come into effect from 1st July 2013. Click… Read more »
New challan file for TDS/TCS payments
You can download the new challan file for TDS/TCS payments from the following link: Download New challan file This file includes field for payment of late fee u/s 234E.