Implications of Non/Late filing of TDS Statements
Implications of Non/Late filing of TDS Statements has been given below: For Tax payers: Non/ Late etds filing results into the TDS Credit not being available to the deductees (employees… Read more »
Category: TDS certificates
TDS Compliance for 2nd Quarter of FY: 2015-16
TDS compliance for 2nd quarter of FY: 2015-16 has been given below: Last date for payment of tax deductions for September 2015 – 7th October, 2015 Last date for filing… Read more »
Important Due Dates for the month of September 2015
7 September 2015 – Due date for deposit of Tax deducted/collected for the month of August, 2015 15 September 2015 – First instalment (in the case of a non-corporate assessee)… Read more »
If tax is deducted under a wrong provision of the Income-tax Act, the payment is to be disallowed under Section 40(a)(ia) of the said Act
Recently, the Kerala High Court (High Court) in the case of P V S Memorial Hospital Ltd1 (the taxpayer) held that if the tax is deductible under Section 194J2 of… Read more »
Important Due Dates for the month of August 2015
7 August 2015 – Due date for deposit of Tax deducted/collected for the month of July, 2015 15 August 2015 – Quarterly TDS certificate (in respect of tax deducted for… Read more »
CPC (TDS) thanks deductors for availing Online Correction facility at TRACES
CPC (TDS) has issued a communication in which it has thanked deductors for promptly availing the Online Correction facility at TRACES on receipt of Intermediate Defaults Communication. The issued communication has been… Read more »