Verification of latest FVU version at the time of validation of e-TDS/TCS statement. The Challan Status Inquiry (CSI) file downloaded from TIN website will contain the current FVU version. While… Read more »
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 »
Bombay High Court has ruled that payment of salary under secondment agreement does not attract tax deducted at source (TDS). Secondment agreement is an agreement between a foreign Company and… Read more »
Fees and Penalty 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… Read more »
The last date of filing TDS returns for the fourth quarter of FY 2016-17 falls due on 31st May, 2017. It is very important to file returns on time because… Read more »
Government of India Ministry of Finance Department of Revenue Central Board of Direct Taxes New Delhi, 11th May, 2017. PRESS RELEASE Income Tax Department simplifies linking PAN with Aadhaar The… Read more »