Category: TDS return

Salaried tax payers to get SMS alerts on TDS deductions

As many as 2.5 crore salaried tax payers will now receive SMS alerts from the Income Tax department regarding their quarterly TDS deductions. Finance Minister Arun Jaitley today launched the… Read more »

CPC (TDS) reminder to Deductors for downloading TDS Certificates (Form 16A) for TDS Statements filed for Q1, FY 2016-17

Date of communication: 01/10/2016 Dear Deductor (TAN XXXXXXXXXX), As per the records of Centralized Processing Cell (TDS), TDS Statements have been filed by you for Quarter 1 of Financial Year… Read more »

Applicability of TDS provisions of section 194-I of the Income-tax Act, 1961 on lump sum lease premium paid for acquisition of long term lease

Circular No. 35/2016 F No.275/29/2015-IT (B) Government of India Ministry of Finance Department of Revenue   Central Board of Direct Taxes North Block, New Delhi 13th October, 2016 Subject: Applicability… Read more »

Avail the Benefit of CPC(TDS) Analytics for Correction of PANs in your TDS Statements

Date of Communication: 23/09/2016 Dear Deductor, TAN (XXXXXXXXXX) Centralized Processing Cell (TDS) has observed from its records that you have reported “Structurally Correct, however Invalid PANs” in your TDS Statement… Read more »