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TCS TCS certificates TCS payment TCS return TDS TDS certificates TDS payment TDS return TDSMAN Software

Procedure of preparing e-Returns for TDS / TCS

E-Returns for TDS / TCS was first introduced in 2002-03 and it has come a long way ever since. Currently, less than 1% are still on manually filed Returns. The generic procedure of preparing E-Return for fundamental understanding is summarized as below: Step – I The Income Tax Department has specified a data format in […]

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CBDT Income Tax NSDL PAN TAN TCS TCS certificates TCS payment TCS return TDS TDS certificates TDS payment TDS Rates TDS return TDSMAN Software TIN NSDL Traces wealth tax

Healthy Practices for Error-Free TDS Returns

Healthy practices for error-free TDS returns has been given below:  Deduction/ Collection of Tax at Correct Rates. Timely Deposit of Tax Deducted at Source. Accurate Reporting of data related to tax deductions/ collections made. Submission of TDS Statements within the due dates. Verification and Issuance of TDS Certificates within time. CPC (TDS) is now sending […]

Categories
CBDT Income Tax NSDL PAN TAN TCS TCS certificates TCS payment TCS return TDS TDS certificates TDS payment TDS Rates TDS return TDSMAN Software TIN NSDL Traces wealth tax

Useful guidelines to avoid common mistakes while submitting TDS Statements

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 refer to the following guidelines for correct reporting of 197 Certificates: The Certificate Number should be of 10 digits with Alpha-numeric structure. Please refer to […]

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CBDT Income Tax NSDL PAN TAN TCS TCS certificates TCS payment TCS return TDS TDS certificates TDS Circulars TDS payment TDS return TDSMAN Software TIN NSDL Traces

Do’s & Don’ts for TDS Returns

Given below are some do’s and don’ts for filing of TDS returns: Do’s Ensure that TDS return is filed with the same TAN against which TDS payment has been made. Ensure that correct challan particulars including CIN and amount is mentioned. Correct PAN of the deductee is mentioned. Correct section is quoted against each deductee […]

Categories
CBDT Income Tax NSDL PAN TAN TCS TCS certificates TCS payment TCS return TDS TDS certificates TDS payment TDS Rates TDS return TDSMAN Software TIN NSDL Traces wealth tax

Healthy Practices for Error-Free TDS Returns

Healthy practices for error-free TDS returns has been given below:  Deduction/ Collection of Tax at Correct Rates. Timely Deposit of Tax Deducted at Source. Accurate Reporting of data related to tax deductions/ collections made. Submission of TDS Statements within the due dates. Verification and Issuance of TDS Certificates within time. CPC (TDS) is now sending […]

Categories
CBDT Income Tax NSDL PAN TAN TCS TCS certificates TCS payment TCS return TDS TDS certificates TDS payment TDS Rates TDS return TDSMAN Software TIN NSDL Traces wealth tax

Useful guidelines to avoid common mistakes while submitting TDS Statements

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 refer to the following guidelines for correct reporting of 197 Certificates: The Certificate Number should be of 10 digits with Alpha-numeric structure. Please refer to […]

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