The Income Tax Department has released today (17th September, 2016), the following new File Validation Utilities: FVU version 5.2-For statement pertaining to FY 2010-11 onwards FVU version 2.148-For statement up… Read more »
Changes in Form 27A generated from File Validation Utility. The Quarter of the statement is made available in Form 27A as generated from FVU. Example: if the statement is validated… Read more »
Addition of new fields for Form 24Q-Q4 under Annexure ll (i.e. salary details) as below: Aggregate rent payment exceeds rupees one lakh during the previous year: – The above is… Read more »
Date of Communication: 13/08/2016 Dear Deductor, TAN (XXXXXXXXXX) Centralized Processing Cell (TDS) has observed from its records that you have reported “Structurally Correct, however Invalid PANs” in your TDS Statement… Read more »
CPC (TDS) has issued a communication regarding outstanding defaults in quarterly TDS returns exceeding Rs.10 Crore from Financial Year 2007-08 to Quarter 1, Financial Year 2016-17. The issued communication has… Read more »
CPC (TDS) has issued a reminder communication to the banks regarding closure of defaults in quarterly TDS Statements from Financial Year 2007-08 to Financial Year 2016-17 of quarter 1. The… Read more »