Category: TIN NSDL

CPC (TDS) follow up for Payment of “Tax Deducted” within stipulated time

As per the records of the Centralized Processing Cell (TDS), this has been observed that there has been substantial delay in payment of the “amount of Tax Deducted” during the… Read more »

Dos & Dont’s for filing TDS Returns

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Given below are some dos and don’t for filing of TDS returns: Dos Ensure that TDS return is filed with same TAN against which TDS payment has been made. Ensure… Read more »

Last date of filing of TDS/TCS returns for Q2 of FY:2014-15 – 15th October 2014

Due date for filing of TDS/TCS returns for Quarter 2 of FY:2014-15 is 15th October 2014. With the introduction of Section 234E, there is now a provision of stringent penalties… Read more »

Non reporting of 15G/H transaction in contravention of rule 31A (4) of Income Tax Rules read with section 200 of Income Tax Act

CPC (TDS) has issued a communication to banks regarding non reporting of 15G/H transaction in contravention of rule 31A (4) of Income Tax Rules read with section 200 of Income… Read more »

CPC (TDS) reminder to Banks for raising Flag “B” in TDS Quarterly Statements against 15G/H transactions

CPC (TDS) has issued a communication to banks regarding raising of Flag “B” in TDS Quarterly Statements against 15G/H transactions. The issued communication has been given below: Dear Deductor (TAN… Read more »

CBDT – Issue nil TDS certificate to deductor & lower TDS certificate to recipient of income

GOVERNMENT OF INDIA MINISTRY OF FINANCE (Department of Revenue) (CENTRAL BOARD OF DIRECT TAXES) NOTIFICATION NO. 46/2014   New Delhi, 24th September, 2014   In exercise of the powers conferred… Read more »