Issue TDS certificates by 30th May to avoid penalties
Last date for issuance of TDS certificates for Q4 of FY: 2014-15: 1) Form 16A (Non Salary) – 30th May 2015 2) Form 16 (Salary) – 31st May 2015 Delay… Read more »
Category: TDS
Furnishing of information made more stringent and penalty introduced -Sections 195 and 271-I
Presently, when any person responsible for making a payment to a non-resident of any interest or other sum chargeable under the provisions of this Act, such person is required to… Read more »
Quick steps to generate TDS Certificate using TDSMAN
Below are the quick steps to generate TDS Certificate using TDSMAN Software: In TRACES Information menu 1. Request for Form 16A / Form 16 (Part A). 2. After 2 hours,… Read more »
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 »
Reasons to reject the correction in salary detail records by TDSCPC
Rejection reasons pertaining to salary details are as follows: In case of salary detail PAN update or delete of salary detail record, last total gross income should match with corresponding… Read more »
Reasons to reject the correction in deductee records by TDSCPC
Rejection reasons pertaining to deductee details are as follows: In a correction statement that updates / deletes deductee rows, verification keys from deductee data that should match with corresponding fields… Read more »