Failure to pay TDS collected can attract 7 year jail term: CBDT
Employers failing to pay the Government the tax deducted at source (TDS) on salaries of their employees can be jailed for up to seven years, the CBDT has said. Failure… Read more »
Category: TIN NSDL
Deposit TDS by 7th December for tax deducted during November’15
Due Date for payment of TDS is 7th December, 2015 for tax deducted during November 2015 Please Note: For delayed payments, interest @ 1.5% for each month or part thereof… Read more »
Guidelines for an employer to deduct TDS and issue Form16
Following are the guidelines for an employer to deduct TDS and issue Form 16: Make mandatory for all the employees to declare previous salary, investment proofs and TDS details, if… Read more »
Due Dates for December 2015
7 December 2015 – Due date for deposit of Tax deducted/collected for the month of November, 2015. However, all sum deducted/collected by an office of the government shall be paid… Read more »
Income Tax department launches upgraded website for taxpayers
The Income Tax department has launched an upgraded version of its official web portal featuring better links for taxpayer services and grievance redressal. The new website features a special link… Read more »
Steps for requesting Form 16
The procedure for requesting Form 16 from TRACES website has been given below: From FY:18-19 onwards, the Income Tax department is now providing both Part A and Part B of… Read more »