Category: Traces

Deductors not depositing TDS by due date are liable for prosecution

Tax deductors who default in depositing TDS by due date shall be liable for prosecution: CBDT Central Board of Direct Taxes (CBDT) issued a press release in which CBDT said… Read more »

Due date to file Income Tax Return extended from 31st July, 2013 to 5th August, 2013

As a Measure of Taxpayers Convenience, Last Date for Filing of Returns Extended to 5th August, 2013. There is an unprecedented surge in number of returns being e-filed during this… Read more »

Issuance of the TDS certificate (Form 16A)

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TDS certificate is a certificate of tax deduction of source (TDS) by the deductor to the deductee specifying therein the prescribed particulars like amount of TDS, permanent account number (PAN),… Read more »

Type of Form one can opt to file income-tax return for the assessment year 2013-14

  Individual and HUF Nature of income ITR 1 (Sahaj) ITR 2 ITR 3 ITR 4 ITR 4S (Sugam) Income from salary/pension Å“- Å“- Å“- Å“-   Income from one… Read more »