Category: TDS certificates

TDS Certificates

Points to remember regarding TDS statement

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Given below are the points one should remember regarding TDS statement: Correct Reporting: Cancellation of TDS return and deductee row is no longer permissible. Accordingly, it is very important to report… Read more »

Budget 2019 – Relaxation of Section 201 in respect of payments to non-residents

If the deductor fails to deduct whole or any part of the tax or he fails to deposit the tax to credit of Central Govt. he will be considered to… Read more »

Dos & Don’ts for TDS Returns

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Given below are some dos and don’ts for the filing of TDS returns: Dos Ensure that TDS return is filed with the same TAN against which TDS payment has been… Read more »

TDS & TCS Rate Chart (FY: 2019-20 / AY: 2020-21)

    TDS RATE CHART FY: 2019-20 (AY: 2020-21) Section Nature of Payment  Threshold Indv/ HUF Others     Rs. TDS Rate (%) 192 Salaries  –  Avg  – 192A Premature… Read more »

Extension of filing of Form 24Q for FY:18-19 (Q4)

CBDT vide their Press Release dated 4th June 2019 has extended the due date of filing of TDS Returns for Form 24Q (Salary) from 31st May 2019 to 30th June 2019. This has been… Read more »

Reasons to reject the correction in challan detail by TDS-CPC

Rejection reasons pertaining to challan details are as follows: Challan detail record on which correction has been filed does not exist in regular / previous statement In a correction statement,… Read more »