Category: Traces

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 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 »

Advisory for taxpayers

      1 Comment on Advisory for taxpayers

Check your 26AS Tax credit statement regularly! 26AS statement contains tax credits available to taxpayer for claim in Income Tax Return along with information on refund, high value transactions and… Read more »