File Validation Utility (FVU) version 6.0 Field level validation for field “Certificate number issued by the Assessing Officer u/s 197 for non-deduction/lower deduction” have been relaxed Existing structural validations for… Read more »
We are sharing with you some insights on good practices related to tax deductions for non-salary related payments: Based on the type of payment, make sure the Section is properly… Read more »
For tax deductions of employees, vendors or others, one needs to ensure timely transfer of tax credit to their account. This is possible only by proper compliances which is listed… Read more »
Steps: Request for TDS (Consolidated) file from Traces Download requested TDS (Consolidated) file from Traces Upload TDS(Consolidated) file for correction into the software Make corrections Generate the correction return Submit… Read more »
Please note that 7th December 2018 is the last date for TDS and TCS payments for the deductions made in November 2018. Make sure to do the needful on time to avoid… Read more »
Below are the steps for registration and e-filing of Form 15G and Form 15H at the Income Tax India e-filing portal. Registration You need to visit Income Tax India e-filing… Read more »