Category: TCS

Tax Collected at Source

Guidelines to avoid common mistakes while submitting TDS Statements

Following are some useful guidelines to avoid common mistakes, while submitting TDS Statements: Incorrect reporting of 197 Certificates: Please refer to the following guidelines for correct reporting of 197 Certificates:… Read more »

CPC (TDS) communication regarding Short Payment Defaults in TDS Statements for FY 2013-14

Dear Deductor, As per the records of Centralized Processing Cell (TDS), there are Short Payment defaults, exceeding Rupees One Lakh, in the TDS Statement(s) submitted for various quarters of Financial… Read more »

CPC (TDS) communication for payment of outstanding Short Payment Defaults

According to CPC (TDS), there are outstanding short payment defaults for TDS statements filed by deductors. The letter issued by CPC (TDS) to deductors in this regard is given as followed:… Read more »

Issue TDS certificates by 30/07/2014 to avoid penalties

Last date for issuance of TDS/TCS certificates for Q1 of FY: 2014-15 – 30th July, 2014 The above is applicable for deductors other than the Office of the Government Delay… Read more »