Category Archives: 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 »