File Validation Utility (FVU) version 6.1 Changes in field level validations for field “Deduction under section 16 (ia)” under Annexure II (Salary Details) of Form 24Q-Q4 In case section ID… Read more »
Every deductor has to furnish quarterly statement in respect of tax deducted by him i.e., TDS return. As per section 201(1A), interest for delay in payment of TDS should be… Read more »
Let us first understand the provisions of section 220(1) relating to payment of tax as per demand notice. Then we will understand the provision for levy of interest in case… Read more »
When a demand notice is served and an appeal or proceeding is filed or initiated with respect to the amount specified in the notice of demand (by the assessee) then… Read more »
Last date for payment of tax deductions for March 2019 – 30th April, 2019. Filing of TDS Returns for the quarter ended March 2019 (FY:2018-19 Quarter 4) is already under… Read more »
Bengal Tea & Fabrics Ltd. Vs Dy. CIT (ITAT Kolkata) ITAT held that when no business operations of commission agent were carried on in India, commission earned by them would… Read more »