Author Archives: TDSMAN

New facility of pre-filling TDS data while submitting online rectification

CBDT has issued a press release regarding the new facility that has been provided for pre-filling of TDS schedule while submitting online rectification request on the e-filing portal to facilitate… Read more »

I-T department warns taxpayers against fraudulent emails

The Income Tax Department warned tax payers against phishing/fraudulent refund emails saying it does not seek details of personal information like PIN through e-mail. “The Income Tax Department does not… Read more »

Consequences for a deductor if he fails to deduct TDS or fails to deposit it to the Government’s account

A deductor would face the following consequences if he fails to deduct TDS or after deducting the same fails to deposit it to the credit of Central Governments account:- a)… Read more »

Stringent authentication mechanism for filing of correction statements & download of TDS certificates, consolidated files etc. by Banks / Corporates

The Direct Taxes Directorate of Income-tax (Systems), CBDT vide Notification No. 3 /2015 dt. 1st of December 2015 has notified Stringent Authentication Mechanism through Corporate Head Quarter Server for filing… Read more »