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 »
Category: TAN
Submission of Statements at TIN-FCs or submission of Statements at TIN website
Given below are the steps for the submission of statements at TIN Facilitation Centers (TIN-FCs) or submission of statements at TIN website: 1. Submission of Statements at TIN Facilitation Centers… Read more »
Key Features of File Validation Utility (FVU) version 2.146
The key features of File Validation Utility (FVU) version 2.146 has been given below: Incorporation of TAN and TAN name in the Challan Status Inquiry (i.e. .CSI) file and verification with… Read more »
Defaults in Quarterly TDS Statements exceeding Rs. 25 Lac from FY 2007-08 to Q3, FY 2015-16
CPC (TDS) has released a follow up communication to all deductors regarding defaults in quarterly TDS return exceeding Rs. 25 Lac from FY 2007-08 to Q3, FY 2015-16. The released communication… Read more »
Interest, Penalty & Prosecution for Failure to Deposit Tax Deducted
If a person fails to deduct the whole or any part of the tax at source, or, after deducting, fails to pay the whole or any part of the tax… Read more »
Important Guidelines for payment towards liability on account of Tax Deducted / Collected at Source
Given below are some relevant guidelines related to payment of TDS/ TCS liability: A. Central Government Account (Receipts and Payments) Rules, 1983: Date of Receipt for Cheques or Drafts: The… Read more »