FAQ – TDS on rent under section 194-I
1. What are the provisions relating to TDS on rent? From which date same are applicable? As per the Finance Act, 1994 the provisions of TDS on rent have been… Read more »
Ensure that your TDS reaches the income-tax department
Ensure that your TDS reaches the income-tax department. If not, an assessee might be charged interest for not paying TDS on time. Recently, a senior citizen received a notice from… Read more »
CPC (TDS) communication to Govt. Deductors for “Mismatch in BIN” reported in TDS Statements
Dear Deductor, Centralized Processing Cell (TDS) has observed substantial cases of mismatch in Book Identification Number (BIN) in Quarterly TDS Statements. As you may be aware that at the time… Read more »
FAQ on Form 16B
1. What is Form 16B? Form 16B is the TDS certificate to be issued by the deductor (purchaser/buyer of immovable property) to the deductee (Seller of immovable property) in respect… Read more »
Penalty order passed U/S 271C for non-deduction of TDS, beyond period of 6 months from date of reference for imposition of penalty would be barred by limitation
Recently, ITAT Jaipur Bench in M.D.S. Universityvs. Assistant Commissioner of Income-tax held that, after the expiry of the financial year in which the proceedings, in the course of which action… Read more »
Visit us at CeBIT INDIA 2014 – BIEC, Bengaluru: 12 – 14 Nov
TDSMAN and ChequeMan is participating in CeBIT INDIA, worlds leading Business IT and ICT show. We cordially invite you to visit us at booth #STPI-32, Hall #2.