Circular on claiming Tax Credit against non-deposit of TDS
A circular has been issued by CBDT regarding non-deposit of Tax Deducted at Source. CBDT has mentioned in the circular that as per Section 199 of the Act credit of… Read more »
Category: TDS Circulars
CBDT issues Circular for Early & Satisfactory Resolution of Taxpayers’ Grievances
CBDT has issued a circular for early & satisfactory resolution of taxpayers’ grievances relating to verification & correction of tax demand outstanding against them. The Income Tax Department has taken… 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 »
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 »
Flag raised for 15G/H despite Income exceeding the amount of exemption
CPC(TDS) has observed from its records that Flag “B” (for 15G/H Forms) has been wrongly raised in the quarterly TDS Statements. CPC(TDS) has issued a letter to all deductors in… Read more »
CPC(TDS) Advisory Communication regarding “Aggregated TDS Compliance” at Organization’s PAN Level
CPC (TDS) has issued a letter to all deductors with information regarding the release of new feature Aggregated TDS Compliance at Organizations PAN level. The letter produced is here as under:… Read more »