Section 203A of the Act makes it obligatory for all persons responsible for deducting tax at source to obtain and quote the Tax deduction and collection Account No (TAN) in the challans, TDS-certificates, statements and other documents. Detailed… Read more »
e-TDS return has to be prepared in accordance with the file format prescribed by the Income Tax Department. NSDL has provided free downloadable utility at http://tin-nsdl.com for the purpose of preparation of e-TDS return. Alternatively, various… Read more »
Nil return can be divided into two categories: 1. Nil eTDS return which have only Nil amount challan and no deductee details (We will refer it as a pure Nil… Read more »
As per instructions issued by the Central Board of Direct Taxes (CBDT), it is mandatory for deductors to file TDS/TCS returns with a threshold limit of Permanent Account Number (PAN)… Read more »
TDSCPC has sent a message to all the deductors, in which it has shown concern over wrong filing of TDS return by the deductors and has suggested few tips which… Read more »
The due date of TDS return filing for the 2nd Quarter is 15th October and during this year it is surrounded by a number of holidays including Dussehra, Navami, Ayutha… Read more »