Tips to avoid defaults in TDS Returns
One can avoid defaults in the TDS returns, by way of adherence to the following basic principles: Timely Payment of total taxes deducted/ collected Correct Reporting with regard to… Read more »
Category: PAN
Do’s & Dont’s for TDS Returns
Given below are some dos and dont for filing of TDS returns: Dos Ensure that TDS return is filed with same TAN against which TDS payment has been made. Ensure… Read more »
Avail the Benefit of CPC(TDS) Analytics for Correction of PANs in your TDS Statements
Date of Communication: 23/09/2016 Dear Deductor, TAN (XXXXXXXXXX) Centralized Processing Cell (TDS) has observed from its records that you have reported “Structurally Correct, however Invalid PANs” in your TDS Statement… Read more »
Where TDS is applicable and how relief is availed
Salary income: Employer deducts TDS on total income, including income other than salary after taking into account all deductions and exemptions. This saves the individual the hassle of paying tax… Read more »
CBDT launches ‘e-nivaran’ facility to resolve income tax grievances
CBDT has launched the ambitious ‘e-nivaran’ facility for online redressal of taxpayers’ grievances related to refunds, ITRs and PAN among others as part of its initiative to reduce instances of… Read more »
Closure of defaults in Quarterly TDS Statements from FY 2007-08 to FY 2016-17 Q1
CPC (TDS) has issued a reminder communication to the banks regarding closure of defaults in quarterly TDS Statements from Financial Year 2007-08 to Financial Year 2016-17 of quarter 1. The… Read more »