FVU 4.3 and FVU 2.139 released by NSDL
The Income Tax Department has released the following new File Validation Utilities on 27th June, 2014: FVU version 4.3 – For Statements pertaining to FY 2010-11 onwards. FVU version 2.139 – For… Read more »
Category: NSDL
Key feature of FVU version 4.3
Addition of New State code for TELANGANA. New State code 36 for TELANGANA has been added. Applicability of FVU version: From June 28, 2014, FVU version 4.3 would be mandatory… Read more »
Key feature of FVU version 2.139
Addition of New State code for TELANGANA. New State code 36 for TELANGANA has been added. Applicability of FVU version: From June 28, 2014, FVU version 2.139 would be mandatory… Read more »
Solutions to the top queries about Short Payment and Short Deduction
How much amount do I pay for intimation received on Short Payment with Provisional Interest? Provisional interest is calculated till the date of processing of statement. Deposit principal amount of… Read more »
New Wealth Tax Return Form notified by CBDT
CBDT has issued a notification 32/2014 dated 23-06-2014 regarding wealth tax return. CBDT has prescribed that this form can be filed online with or without digital signature. For certain class… Read more »
No TDS to be deducted if commission paid to foreign agents for rendering services abroad
ITAT Chennai Bench recently held that assessee is not liable to deduct tax at source for making payment to its foreign agents for rendering services abroad, if the foreign agent… Read more »