Reasons for the delay in tax refunds
Mismatch of Tax Credit (Form 26AS): One of the most common reasons of tax refund delays is mismatching of the taxes paid by you with the Governments online record (Form… Read more »
Category: NSDL
Downloading of Form 16B by buyers of immovable property
Buyer of immovable property can download Form 16B after registering on TRACES website as a Tax Payer.
Justification reports currently unavailable on TRACES website
Justification Report is currently unavailable on TRACES website for F.Y. 2012-13 and Form Type 24Q due to some technical reasons. There is no news when this report will be made… Read more »
TDS on Real estate Industry
Concept of TDS for Real estate Industry: Vide Finance Act 2013; concept of TDS on Real estate transactions was introduced in India. As per Newly inserted section 194IA, Any person,… Read more »
TDSMAN updated with FVU ver. 3.9 & FVU ver. 2.135
TDSMAN software has been updated for the newly released File Validation Utilities (FVU ver. 3.9 and FVU ver. 2.135). All licensed and trial users are advised to immediately update their… Read more »
Procedure for online e-Filing of Income Tax Return for A.Y. 2013-14
Income tax department has published the latest Online e-File Income Tax Return Procedure for Assessment Year 2013-14. In this new procedure, tax payee can free download ITR-I to ITR-4S (Excel Base) to upload online XML…. Read more »