Taxpayers, deductors or collectors can pay direct taxes through Authorised Bank branches either physically, through ATM or through internet. Type of Challans to be used for tax payments Challan Description… Read more »
Credit of TDS – If tax has been deducted at source u/s 192 to 194 A/B/BB/C/ D/E/EE/F/G/H/I/J/K, 195, 196A/B/C and D, the person from whose income (payment) the tax has… Read more »
Deduct Tax at Correct Rate and deposit in Government Account-Sec. 200 Every person responsible for deducting tax at source shall at the time of payment or credit of income, whichever… Read more »
File Validation Utility (FVU) Ver. 4.5 is the latest FVU released by the Income Tax Department for validating all TDS Returns from financial year 2010-11. While validating Form 24Q (Salary… Read more »
Prepare yourself with the updated TDSMAN for the financial year 2015-16. Apart from filing TDS returns for FY: 2015-16, it can also be used to file TDS returns for FY:… Read more »
One can avoid defaults in the TDS statements, by way of adherence to the following basic principles: Timely Payment of total taxes deducted/ collected Correct Reporting with regard to… Read more »