Tips to avoid defaults in TDS Returns
One can avoid defaults in the TDS returns, by way of adherence to the following basic principles: Timely Payment of total taxes deducted/ collected Correct Reporting with regard to… Read more »
Category: TIN NSDL
Healthy Practices for Error-Free TDS Returns
Healthy practices for error-free TDS returns has been given below: Deduction/ Collection of Tax at Correct Rates. Timely Deposit of Tax Deducted at Source. Accurate Reporting of data related to… Read more »
Do’s & Dont’s for TDS Returns
Given below are some dos and dont 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 »
Late Filing of TDS Returns -Fees and Penalty
Fees and Penalty 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… Read more »
Salaried tax payers to get SMS alerts on TDS deductions
As many as 2.5 crore salaried tax payers will now receive SMS alerts from the Income Tax department regarding their quarterly TDS deductions. Finance Minister Arun Jaitley today launched the… Read more »
CPC (TDS) reminder to Deductors for downloading TDS Certificates (Form 16A) for TDS Statements filed for Q1, FY 2016-17
Date of communication: 01/10/2016 Dear Deductor (TAN XXXXXXXXXX), As per the records of Centralized Processing Cell (TDS), TDS Statements have been filed by you for Quarter 1 of Financial Year… Read more »