Following are the types of Defaults that may get generated on 26QB processing:- 1.Short Deduction: Short deduction is computed when the rate at which TDS Deducted’ is less than 1%…. Read more »
Form 16B shall be generated by TDS-CPC after the processing of Form 26QB (statement come Challan form) filed by buyer. Following are the steps to generate form 16B:- Buyer has… Read more »
In case of excess deduction of tax at source, claim of refund of such excess TDS can be made by the deductor. The excess amount is refundable as per procedure… Read more »
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 »
Due Date for payment of TDS is 7th November 2016 for tax deducted during October 2016 Please Note: In case the assessee deposits the TDS Payment after the due date… Read more »
7 November 2016 – Due date for deposit of Tax deducted/collected for the month of October, 2016. However, all sum deducted/collected by an office of the government shall be paid… Read more »