Category Archives: TCS

Tax Collected at Source

FAQs on Correction Return Preparation more than once on the same Regular Return

How many times can I furnish a correction TDS/TCS statement? A correction TDS/TCS return can be furnished many times to make changes in the regular TDS/TCS return where as a… Read more »

Steps for Preparing Correction Returns

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Steps: Request for TDS (Consolidated) file from Traces Download requested TDS (Consolidated) file from Traces Upload TDS(Consolidated) file for correction into the software Make corrections Generate the correction return Submit… Read more »

Fees for Late Filing of TDS Returns

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Fees for Late Filing of TDS Returns are as follows: Section 234E-Levy of FeesĀ  Failure to submit TDS returnĀ on time will result in fees on the deductor. If you delay… Read more »

Last date for issuance of TCS certificates for Q4 of FY: 2018-19

Last date for issuance of TCS certificates for Q4 of FY: 2018-19 – 30th May, 2019 Note: The above is applicable for deductors other than the Office of the Government… Read more »