3 reasons to file e-TDS returns on time
3 reasons to file e-TDS returns on time Effective 1st July 2012, certain amendments in the Finance Bill necessitate that companies file their e-TDS returns on time. Non-filing or late… Read more »
Author Archives: TDSMAN
TAN STRUCTURE (Tax deduction Account Number)
Every deductor is required to obtain a unique identification number called TAN (Tax Deduction Account Number) which is a ten digit alpha numeric number. This number has to be quoted… Read more »
Know your PAN Structure Meaning of PAN digits (Income Tax India)
Structure of the new series of PAN : The Permanent Account Number under new series is based on following constant permanent parameters of a taxpayer and uses Phonetic Soundex code algorithm… Read more »
Revised CBDT Instruction on Grant of TDS Credit For AY 2011-12
Section 143 of the Income-tax Act, 1961 Assessment General Processing of returns of A.Y. 2011-12 Steps to clear backlog withdrawal of Instruction No. 1/2012, dated 2-2-2012 Instruction No. 4/2012 [F…. Read more »
DEDUCTORS MUST ENSURE CORRECT CREDIT OF TDS IN CORRECT PERSON
Deductors Must Comply with their Obligations to Ensure Correct Credit to Persons from Whose Income Tax is Deducted at Source. All deductors other than Government deductors must file their quarterly… Read more »
NEW FVU 3.5 FILES RELEASED BY TIN-NSDL
New File Validation Utilities – FVU 3.5 have been released pertaining to validation of eTDS & eTCS returns. FVU 3.5 will be applicable for quarterly TDS / TCS statements pertaining to… Read more »