Category: TCS certificates

Department notice to Tax Payers regarding Form 16/16A

The department has issued a notice to every Tax Payer stating that every tax payer should insist on getting Form 16/16A from their deductor downloaded only from TRACES website.  (http://www.tdscpc.gov.in)… Read more »

Issue or Reject Lower / Nil deduction Tax Certificate U/s. 197 within one Month: CBDT

GOVERNMENT OF INDIA MINISTRY OF FINANCE DEPARTMENT OF REVENUE CENTRAL BOARD OF DIRECT TAXES NEW DELHI INSTRUCTION NO 1/2014, Dated: January 15, 2014 Certificate of Lower deduction or non-deduction of… Read more »

Important guidelines related to payment of TDS/ TCS liability

Important Guidelines for payment towards liability on account of Tax Deducted / Collected at Source (in accordance with CGA Rules and Rule 125 of Income Tax Act) A. Central Government… Read more »

Mandatory filing of TDS Statements and Issuance of TDS Certificates downloaded from TRACES

If tax at source has been deducted by you on various payments / credits but no TDS Statements have not been filed by you as yet. In this regard, your… Read more »