Same Payment Challan can be used for TDS under different Sections/ Heads Payments can be made for TDS against multiple Sections in a single challan. For example a payment against… Read more »
Popular reasons for shifting out from outsourcing to preparing TDS Returns in-house: Based on a sample survey of around 100 organizations that shifted out of outsourcing, some of the popular… Read more »
Tips to avoid Defaults in TDS Returns § Make sure taxes are deducted on time and at correct deduction rates /amount. The applicable section under which the deduction falls should… Read more »
The Basic principles of TDS compliance are as follows Deduction of tax at correct rates at right time TDS needs to be deposited timely every month Correct reporting of the… Read more »
All tax deductions for June 2017 need to be deposited latest by 7th July 2017 Filing of TDS Returns for the quarter ended June 2017 (FY:2017-18 Quarter 1) is already… Read more »
If tax was deductible on 2nd June (i.e. at the time of giving credit or actual payment of the dues whichever is earlier) but was deducted on 3rd June then… Read more »