Category: Traces

Statutory provisions attracted on failure to deposit tax in government account after deduction

Where the employer has deducted the tax at source but failed to deposit wholly or partly, the tax so deducted in government account, the following statutory provisions are attracted:- Interest… Read more »

Due Date for payment of TDS is 7th June, 2017 for tax deducted during May 2017

Due Date for payment of TDS is 7th June, 2017 for tax deducted during May 2017 Please Note: In case the assessee deposits the TDS Payment after the due date of… Read more »

Due Dates for the month of June 2017

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Please note the TDS Compliance dates for June 2017 as under: 7th June 2017 – Last date for TDS payment for deductions during May 7th June 2017 – Last date… Read more »

File your TDS returns for FY: 2016-17 (Q4) by 31st May, 2017

31st May is the last date for filing your TDS Returns for FY:2016-17, Quarter 4. File on time and avoid unwarranted penalties and default notice. Click here for more details… Read more »

Points to remember regarding TDS statement

Given below are the points one should remember regarding TDS statement: Correct Reporting: Cancellation of TDS return and deductee row is no longer permissible. Accordingly, it is very important to report… Read more »