With just two weeks left to file the income tax returns, many taxpayers are busy making their final calculations, visiting their tax consultant and filling up the returns form. Before… Read more »
Every deductor is required to obtain a unique identification number called TAN (Tax Deduction Account Number) which is a ten digit alpha numeric number. This number has to be quoted… Read more »
Structure of the new series of PAN : The Permanent Account Number under new series is based on following constant permanent parameters of a taxpayer and uses Phonetic Soundex code algorithm… Read more »
Deductors Must Comply with their Obligations to Ensure Correct Credit to Persons from Whose Income Tax is Deducted at Source. All deductors other than Government deductors must file their quarterly… Read more »
New File Validation Utilities – FVU 3.5 have been released pertaining to validation of eTDS & eTCS returns. FVU 3.5 will be applicable for quarterly TDS / TCS statements pertaining to… Read more »
Post Union Budget 2012-13 TDS Rates for financial year (FY) 2012-13 and assessment year (AY) 2013-14 The Rate Chart for the Financial Year 2012-13 i.e. Assessment Year 2013-14 is tabulated… Read more »