Category Archives: TDS

Tax Deducted At Source

TDS credit to be allowed if difference between TDS claim and TDS in AS-26 data does not exceed Rs. One lakh

TDS credit to be allowed if difference between the TDS claim and matching TDS amount reported in AS-26 data does not exceed Rs. One lac. Section 143 of the Income-tax… Read more »

TDS Not to be Deducted on Declaration Furnished by Payee

As per Section 197, TDS shall not be deducted at source in certain cases where the payee furnishes a declaration in writing that the tax on his estimated total income… Read more »

TDSMAN Top acceptance percentage as per NSDL data

As per data provide by the Income Tax Dept., NSDL has recently published theĀ “Software vendorwise percentage of correction TDS/TCS statements accepted and rejected at TIN” which proves TDSMAN (PDS Infotech)… Read more »