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 »
Category: TCS
Changes in Provisions related to TDS – Budget 2014
Under Chapter XVII-B of the Act, a person is required to deduct tax on certain specified payments at the specified rates if the payment exceeds specified threshold. The person deducting… Read more »
CPC (TDS) communication: TDS Statements filed for Q 1, FY 2012-13, not filed yet for Q 1, FY 2013-14
CPC (TDS) has issued a communication to the deductors regarding TDS Statements filed for Q 1, FY 2012-13 but not yet filed for Q 1, FY 2013-14. Through this communication,… Read more »
Points to remember before filing the quarterly TDS statement
Given below are the points one should remember before filing quarterly TDS statement: Correct Reporting: Cancellation of TDS return and deductee row is no longer permissible. Accordingly, it is very important to… Read more »
TDSMAN updated with FVU ver. 4.3 & FVU ver. 2.139
TDSMAN software has been updated for the newly released File Validation Utilities (FVU ver. 4.3 and FVU ver. 2.139). All licensed and trial users are advised to update the software… Read more »
FVU 4.3 and FVU 2.139 released by NSDL
The Income Tax Department has released the following new File Validation Utilities on 27th June, 2014: FVU version 4.3 – For Statements pertaining to FY 2010-11 onwards. FVU version 2.139 – For… Read more »