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CBDT Income Tax NSDL PAN TDS TIN NSDL Traces

Know your PAN Structure meaning of pan digits

Structure of the new series of PAN: The Permanent Account Number under new series is based on following constant permanent parameters of a taxpayer and uses Phonetic Soundex code algorithm to ensure uniqueness :- i. Full name of the taxpayer; ii. Date of birth / Date of Incorporation; iii. Status; iv. Gender in case of […]

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CBDT Income Tax NSDL TDS TDS certificates TIN NSDL Traces

Interest on Late Payment of TDS

In case the assessee deposits the TDS Payment after the due date of payment of the tax deducted at source, he shall be liable to pay interest @1.5% for every month or every part of the month during which the amount is not deposited with the government. Earlier, the Interest liable to be paid was […]

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