Monthly Archives: July 2014

Amendments in Budget 2014 relating to TDS compliance u/s 40(a(ia)

The disallowance under section 40(a)(ia) of the Act shall be restricted to 30% of the amount of expenditure claimed. Existing provisions: The existing provisions of section 40(a)(i) of the Act… Read more »

CPC(TDS) Reminder for downloading TDS Certificates (Form 16 / 16A) for FY 2013-14

Dear Deductor, As per the records of Centralized Processing Cell (TDS), the TDS Statements have been filed by you for different quarters for the Financial Year 2013-14. However, you have… Read more »

CPC (TDS) communication: TDS Statements filed for Q 1, FY 2012-13, not filed yet for Q 1, FY 2013-14

CPC (TDS) has issued a communication to the deductors regarding TDS Statements filed for Q 1, FY 2012-13 but not yet filed for Q 1, FY 2013-14. Through this communication,… Read more »

Invalid / Not Available PANs reported consistently while submitting TDS Statements – CPC(TDS)

CPC(TDS) has issued a reminder communication to all deductors regarding invalid/non available PANs. The issued communication has been given below: Dear Deductor, CPC(TDS) has observed from its records that you have… Read more »

One mobile number or email ID can be used for a maximum of 10 user accounts in e-filing portal -CBDT

CBDT has released a press release on 4th July 2014 in which it has been mentioned that now One mobile number or email ID can be used for a maximum… Read more »