Category Archives: CBDT

Reduction in TDS / TCS Rates

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As part of the initiative in improving liquidity owing to the COVID crisis, it has been announced that TDS / TCS rates for non-salary payments will be reduced by 25%… Read more »

TDS / TCS Returns – Due date for FY:20-21 Quarter 1

The due date to file TDS Returns for the quarter April 2020 to June 2020 is 31st July 2020 and for TCS Returns is 15th July 2020. As of 1st… Read more »

Date Extended – TDS / TCS Returns-FY:19-20, Quarter 4

By a notification dated 24th June 2020, followed by a Press Release, CBDT has extended the last date for filing TDS / TCS Returns for quarter ending March 2020 from… Read more »

Healthy Practices for Error-Free TDS Returns

Healthy practices for error-free TDS returns has been given below:  Deduction/ Collection of Tax at Correct Rates. Timely Deposit of Tax Deducted at Source. Accurate Reporting of data related to… Read more »