Category: NSDL

National Securities Depository Ltd.
Depository for equity market in India

Reasons to reject the correction in challan detail by TDS-CPC

Rejection reasons pertaining to challan details are as follows: Challan detail record on which correction has been filed does not exist in regular / previous statement In a correction statement,… Read more »

7th August – last date for TDS & TCS payment

      No Comments on 7th August – last date for TDS & TCS payment

7th August, 2019 is the last date for TDS and TCS payments for the deductions made in July 2019. Make sure to do the needful on time to avoid interest…. Read more »

Online TDS/TCS/Demand Payment using Challan ITNS 281

Challan no. ITNS 281 is used by deductors to deposit TDS, TCS and demand payment. Following details are necessary to fill while payment of Challan ITNS 281: 1. Tax Applicable… Read more »

Fees for Late Filing of TDS Returns

      No Comments on Fees for Late Filing of TDS Returns

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 »

TDS/TCS Return – Online Filing

      No Comments on TDS/TCS Return – Online Filing

Steps for filing TDS/ TCS Return online: Step – I The data structure (file format) in which the e-TDS / e-TCS return is to be prepared has been notified in… Read more »

Tips to avoid Defaults in TDS Returns

      No Comments on Tips to avoid Defaults in TDS Returns

Make sure taxes are deducted on time and at correct deduction rates /amount. The applicable section under which the deduction falls should be correctly applied. Tax needs to be deducted… Read more »