Late Filing of TDS Returns – Fees and Penalty
Fees and Penalty for Late Filing of TDS Returns are as follows: Section 234E-Levy of Fees Failure to submit e-TDS Statement on time will result in fees on the deductor…. Read more »
Author Archives: TDSMAN
Processing of statements might take 7 to 10 working days from date of filing
An important information regarding TDS statement has been displayed at TRACES website which states as follows: Considering peak statement filing time, processing of statements might take 7 to 10 working… Read more »
FAQ on TDS/TCS Credit
What is view TDS / TCS credit? This is a facility which can be availed by deductor in order to verify whether the PANs for which user is deducting TDS… Read more »
TDS Statement filing for Q4 for FY: 2014-15 – Please don’t wait for the last moment for your submissions
CPC (TDS) has issued an advisory communication to all deductors stating that they should not wait for the last moment to submit their TDS statements for 4th quarter of Financial… Read more »
Common Errors in TDS Returns – Be careful
Following are some useful guidelines to avoid common mistakes, while submitting TDS Statements and you are requested to go through the following in detail. Incorrect reporting of 197 Certificates: Please… Read more »
Different statuses available on TRACES regarding TDS / TCS statement
Below are the Different statuses available on TRACES regarding TDS / TCS statement Following processing status shall be displayed for regular statement: Pending for Processing Processed for Form 26AS Processed… Read more »