The CBDT has noted that many taxpayers are committing mistakes while furnishing their tax credit claims in the return of income. Such mistakes include: quoting of invalid/incorrect TAN; quoting of… Read more »
The various provisions of TDS are statutorily required to be strictly complied with. Any default in compliance can attract, levy of interest, penalty and in certain cases initiation of prosecution… Read more »
One should take care of the following information before submitting TDS return for 4th Quarter of Financial Year 2013-14 Payment of Taxes deducted/ collected: In accordance with Central Government Account (Receipts… Read more »
TRACES introduced NIL TDS Statement/Declaration of TDS from the FY 2014-15. This is applicable for Deductors who did not deduct any tax during the relevant quarter. What is the benefit… Read more »
TDSMAN software is now available in 2 different editions: 1. Standard Edition 2. Professional Edition To compare the two editions, click here
TDSMAN (F.Y.: 2014-15) has been released with more features for the convenience of its users for both Regular Returns & Correction Returns. The software will support F.Y. 2014-15 and previous years starting from 2007-08. You… Read more »