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 »
Income Tax Department has changed the date of TDS filing for Govt. Deductors vide notification 57/2011 dated 24.10.2011. The due date of filing eTDS returns has been extended by 15 days… Read more »
Form 16A can now be viewed for the purpose of verification. Form 16A is the certificate generated by the TIN website issued by Deductor to the Deductee. Some of the… Read more »