The latest versions of the File Validation Utilities (FVUs) have been released. The key updates are summarized as under: 1. Omission of Existing Flags/Remarks Remark ‘U’ in Form 26Q, ‘J’… Read more »
30th May – Due date of issuing TCS certificate for Quarter 4 of Financial Year 2024-2025 31st May – Due date of filing TDS Returns for Quarter 4 of Financial… Read more »
For most salaried individuals, tax planning starts with a familiar question: Should I stick with the Old Regime or shift to the New one? Both options come with their own… Read more »
With the Old & New Regime option given to employees for computing the income tax, it has become a tricky proposition even for the employers. It is important for both… Read more »
The Income Tax Department has released a new version of the File Validation Utility (FVU) to validate TDS / TCS returns before submission. This version addresses some of the errors… Read more »
It is mandatory to provide tax computation of each employee while filing the TDS Return on Salary for Quarter 4 as per the format of Annexure II in Form 24Q…. Read more »