Category: NSDL

National Securities Depository Ltd.
Depository for equity market in India

7th February – due date for TDS & TCS payment for January

7th February, 2020 is the due date for TDS and TCS payments for the deductions made in January 2020. Make sure to do the needful on time to avoid interest…. Read more »

Fees for Late Filing of TDS Returns

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Fees for Late Filing of TDS Returns are as follows: Section 234E-Levy of Fees  Failure to submit TDS return on time will result in fees on the deductor. If you delay… Read more »

Useful guidelines to avoid common mistakes while submitting TDS Statements

Following are some useful guidelines to avoid common mistakes, while submitting TDS Statements and you are requested to go through the following in detail. Incorrect reporting of 197 Certificates: Please… Read more »

Dos & Don’ts for TDS Returns

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Given below are some dos and don’ts for the filing of TDS returns: Dos Ensure that TDS return is filed with the same TAN against which TDS payment has been… Read more »

197 Certificate – Rationale & Brief Analysis

What is 197 Certificate? The section 197 of Income Tax Act, 1961 provides the facility of non-deduction or lower deduction of tax. The assessee whose TDS is to be deducted… Read more »

Points to remember regarding TDS statement

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Given below are the points one should remember regarding TDS statement: Correct Reporting: Cancellation of TDS return and deductee row is no longer permissible. Accordingly, it is very important to report… Read more »