Interest, Penalty & Prosecution for Failure to Deposit Tax Deducted
If a person fails to deduct the whole or any part of the tax at source, or, after deducting, fails to pay the whole or any part of the tax… Read more »
Category: Traces
Important Guidelines for payment towards liability on account of Tax Deducted / Collected at Source
Given below are some relevant guidelines related to payment of TDS/ TCS liability: A. Central Government Account (Receipts and Payments) Rules, 1983: Date of Receipt for Cheques or Drafts: The… Read more »
When and How to claim TDS Refund
In case of excess deduction of tax at source, claim of refund of such excess TDS can be made by the deductor. The excess amount is refundable as per procedure… Read more »
FAQ on TDS/TCS Credit
What is view TDS / TCS credit? This is a facility which can be availed by deductor in order to verify whether the PANs for which user is deducting TDS… Read more »
Tips to avoid defaults in TDS Statements
One can avoid defaults in the TDS returns, by way of adherence to the following basic principles: Timely Payment of total taxes deducted/ collected Correct Reporting with regard to… Read more »
Issuance of online certificate u/s 195(2) and 195(3) -reg
TDS Instruction No . 51 Directorate o f Income Tax (System) ARA Center, Ground Floor, E -2, Jhandewalan Extension New Delhi-110055 F.No.SW/TDS/02/02/2013/DIT(S)-II … Read more »