Category: TAN

Tax Account Number

Dos & Dont’s for filing TDS Returns

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Given below are some dos and don’t 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 »

Non reporting of 15G/H transaction in contravention of rule 31A (4) of Income Tax Rules read with section 200 of Income Tax Act

CPC (TDS) has issued a communication to banks regarding non reporting of 15G/H transaction in contravention of rule 31A (4) of Income Tax Rules read with section 200 of Income… Read more »

CPC (TDS) reminder to Banks for raising Flag “B” in TDS Quarterly Statements against 15G/H transactions

CPC (TDS) has issued a communication to banks regarding raising of Flag “B” in TDS Quarterly Statements against 15G/H transactions. The issued communication has been given below: Dear Deductor (TAN… Read more »

CPC (TDS) advisory for closure of Short Payment Defaults using Online Correction facility

CPC (TDS) has issued a advisory communication in which it has recommended deductors that in case there are Short Payment Defaults in their TDS Statements due to Mismatch of Challans… Read more »

CPC (TDS) follow up communication to deductors: Nil TDS Deposited during Financial Year 2014

CPC (TDS) has issued a follow up communication to all deductors regarding nil TDS deposited during FY 2014. It may be possible that either the tax may not have been… Read more »

CPC (TDS) follow up communication: Substantial Reduction in TDS Deposited during Financial Year 2014

CPC (TDS) has issued a follow up communication to all deductors regarding substantial reduction in the amount of Tax Deposited during the period April 1 to August 31, 2014  as compared with… Read more »