Daily Archives: January 3, 2015

CPC (TDS) follow up for closing Short Payment Default due to Insufficient Challans

CPC (TDS) has observed from its records that there are outstanding Short Payment Defaults with respect to TDS Statements filed by deductors.  The Short Payment Defaults are due to “Insufficient… Read more »

Basic principles of TDS Compliance

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Given below are the basic principles of TDS compliance: Deduction/ Collection of Tax at Correct Rates. Timely Deposit of Tax Deducted at Source. Accurate Reporting of data related to tax… Read more »