Following are some useful guidelines to avoid common mistakes, while submitting TDS Statements and you are requested to go through the following in detail. Incorrect reporting of 197 Certificates: Please… Read more »
The Income Tax Department has released on 12th May 2019, the following new File Validation Utilities: FVU version 6.2 – For statement pertaining to FY 2010-11 onwards FVU version 2.158… Read more »
15th May is the last date for filing TCS Returns for FY:18-19, Quarter 4. Typically TCS is applicable on sale of items like scrap, forest products, minerals, bullion, etc. and… Read more »
The Finance Act, 2015 had introduced a new section 192(2D) of the Income-tax Act, wherein the employer was obliged to collect the necessary evidence or proof in Form 12BB to… Read more »
NRI’s and foreign companies need to furnish PAN details or else they have to pay higher TDS rates. However, they can avoid higher TDS in absence of PAN card, by… Read more »
