Key feature of FVU version 2.140
1. Amount paid/ credited (in deductee details): Value in field Amount paid/ Credited to the deductee in case of Form no. 24Q should be less than or equal to 999999999.00…. Read more »
Category: TCS
Duties of person deducting tax at source and rights of tax payers
The duties of person deducting tax at source and the rights of the tax payers has been given below: Duties of person deducting tax at source Deduct Tax at Correct… Read more »
CPC (TDS) reminds deductors to file TDS statements for Q1, FY 2014-15
CPC (TDS) has issued a reminder communication to all deductors who have filed TDS Statements for Q1, FY 2013-14 but not filed yet for Q1, FY 2014-15. The issued communication… Read more »
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 »