CPC (TDS) has observed that some deductors have not filed TDS Statements for FY 2013-14, despite collecting lower deduction 197 Certificates from their deductees. The CPC (TDS) has issued a… Read more »
1. Who is required to file e-TDS / e-TCS statement? As per Income Tax Act, 1961, all corporate and government deductors / collectors are mandatorily required to file their TDS… Read more »
CPC (TDS) has issued a reminder to the deductors regarding raising of Flag “B” in TDS Quarterly Statements against 15G/H Forms for FY 2013-14. The issued communication has been given… Read more »
CPC (TDS) asks government deductors to quote AIN details in TDS Statements. The letter issued by CPC (TDS) is as follows: Dear Deductor, As per the records of the Centralized… Read more »
The Centralized Processing Cell (TDS), in its endeavour to enforce TDS Compliance, is shortly mandating closure of Short Payment defaults in the quarterly TDS statements due to Unmatched Challans, before… Read more »
Following are some useful guidelines to avoid common mistakes, while submitting TDS Statements: Incorrect reporting of 197 Certificates: Please refer to the following guidelines for correct reporting of 197 Certificates:… Read more »