Key Features -File Validation Utility (FVU) version 5.2
Addition of new fields for Form 24Q-Q4 under Annexure ll (i.e. salary details) as below: Aggregate rent payment exceeds rupees one lakh during the previous year: – The above is… Read more »
Category: TIN NSDL
Avail the Benefit of CPC (TDS) Analytics for Correction of PANs in your TDS Statements
Date of Communication: 13/08/2016 Dear Deductor, TAN (XXXXXXXXXX) Centralized Processing Cell (TDS) has observed from its records that you have reported “Structurally Correct, however Invalid PANs” in your TDS Statement… Read more »
CPC Defaults in Quarterly TDS Statements exceeding Rs.10 Crore from FY 2007-08 to Q1, FY 2016-17
CPC (TDS) has issued a communication regarding outstanding defaults in quarterly TDS returns exceeding Rs.10 Crore from Financial Year 2007-08 to Quarter 1, Financial Year 2016-17. The issued communication has… Read more »
Closure of defaults in Quarterly TDS Statements from FY 2007-08 to FY 2016-17 Q1
CPC (TDS) has issued a reminder communication to the banks regarding closure of defaults in quarterly TDS Statements from Financial Year 2007-08 to Financial Year 2016-17 of quarter 1. The… Read more »
CBDT Extends due date for filing of Income Tax Returns
Government of India Ministry of Finance Department of Revenue Central Board of Direct Taxes New Delhi, 9th September, 2016 Press Release Sub :- CBDT Extends due date for… Read more »
CBDT relaxes rules for TDS claims by non-resident companies
Non-resident investors who do not provide permanent account number will no longer have to face higher tax deduction at source. The income tax department has eased norms for non-resident investors,… Read more »