Monthly Archives: April 2015

Payment of taxes – Do’s & Dont’s

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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 »

Problem in validation of Salary Returns (Form 24Q) for quarter ended March 2015

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 »

TDSMAN (FY: 2015-16) software can also be used for preparing TDS Returns for FY: 2014-15 (Quarter 4)

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 »

TDS Default Types & Tips to avoid it

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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 »