Procedure for payment of demand raised against TDS on sale of property by CPC-TDS

Procedure for payment of demand  raised against TDS on sale of property by CPC-TDS has been listed below stepwise: Step 1   Payment of demand raised against TDS on sale of… Read more »

Tips to avoid defaults in TDS Returns

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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 »

Where TDS is applicable and how relief is availed

Salary income: Employer deducts TDS on total income, including income other than salary after taking into account all deductions and exemptions. This saves the individual the hassle of paying tax… Read more »

Useful guidelines to avoid common mistakes while submitting TDS Statements

Following are some useful guidelines to avoid common mistakes, while submitting TDS Statements and you are requested to go through the following in detail. Incorrect reporting of 197 Certificates: Please… Read more »