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CBDT Income Tax Newspaper clippings NSDL PAN TIN NSDL Traces

Black money: Government collects Rs 3,770 cr from over 600 stash holders

Government said it received an amount of Rs 3,770 crore from 638 declarations under the one-time black money compliance window that closed on 30th September 2015. “638 number of declarations have been received under the compliance window declaring undisclosed foreign assets amounting to Rs 3770 crore. These figures are subject to final reconciliation,” the Finance […]

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CBDT Income Tax NSDL TCS TDS TIN NSDL Traces

Guidelines to avoid different types of TDS defaults

Following are some important facts to be adhered to, while submitting TDS statements, to avoid each type of Default:   Late Payment Defaults: The taxes deducted must be deposited within the due dates, as prescribed by Rule 30 of the Income Tax Rules 1962. Also refer: Important Guidelines for payment towards liability on account of Tax […]

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