Salary income: Employer deducts TDS on total income, including income other than salary after taking into account all deductions and exemptions. This saves the individual the hassle of paying tax himself. TDS rate: As applicable to individual based on his income and deductions. Interest income: TDS is deducted by banks on FDs and RDs if […]
Month: September 2016
NSDL has sent an intimation to all the deductor/collector regarding due dates and filing of quarterly TDS return and TCS return. The intimation sent by NSDL has been given below: Dear Deductor/Collector, Its time to file the quarterly TDS/TCS statement. The quick steps are as follows: Due Date: Periodicity Due date for TDS statements (all Deductors) Due date […]
CPC (TDS) has issued a communication to the deductors regarding updation of the address mentioned in the statement filed by them. The issued communication has been given below: Date of communication : 23/08/2016 Dear Deductor (TAN: XXXXXXXXXXXX), Centralized Processing Cell (TDS) has observed that intimations sent to you have not been delivered / served as per […]
CBDT has launched the ambitious ‘e-nivaran’ facility for online redressal of taxpayers’ grievances related to refunds, ITRs and PAN among others as part of its initiative to reduce instances of harassment of the public when it comes to complaints related to the I-T Department. An exclusive ‘e-nivaran’ (electronic resolution) link has recently been activated on […]
TDSMAN has been updated for the following newly released File Validation Utilities: FVU ver. 5.2-For statement pertaining to FY 2010-11 onwards FVU ver. 2.148-For statement up to FY 2009-10 Steps to Update: Click on Update File Validation Utility in Utilities menu to update these utilities. Click on Update Software in Utilities menu to update software […]
Date of communication: 20/08/2016 Dear Deductor,(TAN:XXXXXXXXXXXX) The Centralized Processing Cell (TDS) has provided an integrated platform for taxpayers, deductors & assessing officer. The objective of the functionality is to provide the taxpaying citizen to report missing TDS credits in their 26AS account directly to the deductors and assessing officers for its quick resolution. As a […]