Monthly Archives: June 2014

Assessee making payment to Foreign Agencies for access to record of online consumers, liable to deduct TDS

ITAT Bangalore Bench recently in an appeal held that any fees paid by the assessee to foreign agencies  for availing the service of access to record of online consumers maintained… Read more »

No TDS to be deducted if commission paid to foreign agents for rendering services abroad

ITAT Chennai Bench recently held that assessee is not liable to deduct tax at source for making payment to its foreign agents for rendering services abroad, if the foreign agent… Read more »

Important Announcement for Tax payers for updating Contact Details in E-Filing Portal

Income-Tax Department uses the registered contact details (Mobile number & E-mail ID) for all communications related to e-Filing. It is mandatory that all tax payers must have a valid contact… Read more »

Solutions to the top queries about Late Payment and Late Deduction

What should I do in case of Late Payment / Late Deduction intimation received? The default amount will have to be deposited through challan no 281 by ticking minor head… Read more »

Reasons to reject the correction in challan detail by TDS-CPC

Rejection reasons pertaining to challan details are as follows: Challan detail record on which correction has been filed does not exist in regular / previous statement In a correction statement,… Read more »