Calculation of Late Deduction interest
If tax was deductible on 2nd June (i.e. at the time of giving credit or actual payment of the dues whichever is earlier) but was deducted on 3rd June then… Read more »
Category: Income Tax
Interest on Late Deduction of TDS
The due date for deduction is either at the time of giving credit or payment of the dues, whichever is earlier. Late deduction happens in the event the tax is… Read more »
What is form 26QC?
From 1st June, 2017 individuals & HUF’s who are not under Tax Audit (under section 44AB) and does not have a Tax Account No. (TAN) while paying the rent of Rs…. Read more »
TDSMAN updated with FVU ver. 5.5 & FVU ver. 2.151
TDSMAN has been updated for the following newly released File Validation Utilities: FVU ver. 5.5 – For statement pertaining to FY 2010-11 onwards FVU ver. 2.151 – For statement up to FY… Read more »
FVU 5.5 & FVU 2.151 released by NSDL
The Income Tax Department has released today (16th June, 2017), the following new File Validation Utilities: FVU version 5.5 – For statement pertaining to FY 2010-11 onwards FVU version 2.151… Read more »
Key Features – File Validation Utility (FVU) version 2.151
Verification of latest FVU version at the time of validation of e-TDS/TCS statement. The Challan Status Inquiry (CSI) file downloaded from TIN website will contain the current FVU version. While… Read more »