Category: TDS certificates

TDS Certificates

CPC (TDS) Follow up: 26QB Statement not yet filed for Purchase of Property during FY 2014-15

CPC (TDS) has issued an advisory communication to the buyers 0f immovable property regarding filing of TDS statement in Form 26QB. The issued communication has been given below: Date of communication… Read more »

TDS on payments by television channels and publishing houses to advertisement companies for procuring or canvassing for advertisements

Central Board of Direct Taxes (CBDT) has issued a circular regarding Tax Deduction at Source (TDS) on payments by television channels and publishing houses to advertisement companies for procuring or… Read more »

Tips to avoid defaults in TDS Statements

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One can avoid defaults in the TDS returns, by way of adherence to the following basic principles:    Timely Payment of total taxes deducted/ collected Correct Reporting with regard to… 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 »