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CBDT PAN TDS TDS certificates TDS payment TDS Rate Chart TDS Rates TDS Resources TDS return TDS Sections TDSMAN Software TIN NSDL

TDS Returns Software for FY: 2023-24 Released

On popular demand, we are pleased to announce the release of TDSMAN (FY: 2023-24). Now you can prepare TDS Returns for all quarters of FY: 2022-23 and FY: 2023-24. It covers: All TDS/TCS Returns for FY: 2023-24 All TDS/TCS Returns for FY: 2022-23 Pending TDS/TCS Returns of earlier years, if any Rectification of TDS Defaults Error Free […]

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TCS TCS certificates TCS payment TCS return TDS TDS certificates TDS payment TDS return TDSMAN Software

Procedure of preparing e-Returns for TDS / TCS

E-Returns for TDS / TCS was first introduced in 2002-03 and it has come a long way ever since. Currently, less than 1% are still on manually filed Returns. The generic procedure of preparing E-Return for fundamental understanding is summarized as below: Step – I The Income Tax Department has specified a data format in […]

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CBDT Income Tax PAN TCS TCS payment TDS TDS payment TDSMAN Software Traces

TDS / TCS Compliance Reminder for September 2022

7th September 2022 – Due date for TDS/TCS payment for deductions/collections during August 2022 *Please ensure timely compliance to avoid interest and/or penalties Use TDSMAN Software to file seamless & error-free TDS/TCS returns, without any professional help. Tax on Salary – Popular Exemptions & Deductions

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TCS TCS certificates TCS payment TCS return TDS TDS certificates TDS payment TDS return TDSMAN Software

Procedure of preparing e-Returns for TDS / TCS

E-Returns for TDS / TCS was first introduced in 2002-03 and it has come a long way ever since. Currently, less than 1% are still on manually filed Returns. The generic procedure of preparing E-Return for fundamental understanding is summarized as below: Step – I The Income Tax Department has specified a data format in […]

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CBDT Income Tax NSDL PAN TAN TCS TCS payment TDS TDS payment TDS Rate Chart TDS Rates TDS Resources TDSMAN Software TIN NSDL Traces

TDS / TCS Rate Chart FY: 2022-23 (AY: 2023-24)

TDS RATE CHART FY: 2022-23 (AY: 2023-24) Section Nature of Payment  Threshold Indv / HUF Others Rs. TDS Rate (%) 192 Salaries –  Avg – 192A Premature withdrawal from EPF 50000 10 – 193 Interest on Securities 10000 10 10 194 Dividends 5000 10 10 194A Interest (Banks) 40000 10 10 194A Interest (Others) 5000 […]

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CBDT General TAN TCS payment TDS TDS payment TDS Rates TDS return TDSMAN Software Traces

Interest on Late Payment of TDS

In case the assessee deposits the TDS Payment after the due date of payment of the tax deducted at source, he shall be liable to pay interest @1.5% for every month or every part of the month during which the amount is not deposited with the government. Interest @ 1.5% is liable to be paid […]

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