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 »
The following are the basic principles of TDS compliance: Deduction/ Collection of Tax at Correct Rates Timely Deposit of Tax Deducted at Source Accurate Reporting of data related to tax… Read more »
31st May – last date of filing TDS Returns for FY: 2017-18, Quarter 4 (Jan – Mar) 30th May – last date for TCS Certificates for FY: 2017-18, Quarter 4… Read more »
In case the assessee deposits the TCS (Tax Collection at Source) Payment after the due date of payment of the tax deducted at source, he shall be liable to pay… Read more »
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… Read more »