TDSMAN updated with FVU ver. 5.8 & FVU ver. 2.154
TDSMAN has been updated for the following newly released File Validation Utilities: FVU ver. 5.8 – For statement pertaining to FY 2010-11 onwards FVU ver. 2.154 – For statement up to FY… Read more »
Category: TDSMAN Software
Key Features – File Validation Utility (FVU) version 5.8 & 2.154
File Validation Utility (FVU) version 5.8 A new column for “Deduction under Section 16 (ia)” is added under Annexure II (i.e. Salary details) for Form 24Q-Q4 : The above referred… Read more »
Frequently Asked Questions (FAQ) on Form 16/16A
What is Form 16 / 16A? It is the certificate of deduction of tax at source by any person in accordance with Chapter XVII-B of IT Act. Form 16 is issued… Read more »
Different matching statuses in Form 16 / Form 16A
Following are different matching statuses in Form 16 / Form 16A: U – Unmatched (Deductor has not deposited taxes or has furnished incorrect particulars of tax payment. Final credit will… Read more »
Fees for Late Filing of TDS Returns
Fees for Late Filing of TDS Returns are as follows: Section 234E-Levy of Fees Failure to submit TDS return on time will result in fees on the deductor. If you delay… Read more »
Employers required to collect PAN of the lender banks from the employees to claim Interest in House Property in the salary return
The Finance Act, 2015 had introduced a new section 192(2D) of the Income-tax Act, wherein the employer was obliged to collect the necessary evidence or proof in Form 12BB to… Read more »