Remark B is made applicable for Section code 194DA for Form 26Q, FY 2015-16, Q3 onwards. Addition of challan (i.e. C9 correction) in correction statements: As directed by Income Tax… Read more »
You will have to flash your permanent account number (PAN) for any transaction of over Rs 2 lakh regardless of mode of payment. The government has issued a press release… Read more »
Following are the basic duties of the person who is liable to deduct tax at source: One shall obtain Tax Deduction Account Number and quote the same in all the… Read more »
CBDT has issued a press release regarding the new facility that has been provided for pre-filling of TDS schedule while submitting online rectification request on the e-filing portal to facilitate… Read more »
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 »
The Income Tax Department warned tax payers against phishing/fraudulent refund emails saying it does not seek details of personal information like PIN through e-mail. “The Income Tax Department does not… Read more »