Under Chapter XVII-B of the Act, a person is required to deduct tax on certain specified payments at the specified rates if the payment exceeds specified threshold. The person deducting… Read more »
The disallowance under section 40(a)(ia) of the Act shall be restricted to 30% of the amount of expenditure claimed. Existing provisions: The existing provisions of section 40(a)(i) of the Act… Read more »
Last date of filing of TDS/TCS returns for Q1 of FY: 2014-15 – 15th July, 2014 With the introduction of Section 234E, there is now a provision of stringent penalties… Read more »
Dear Deductor, As per the records of Centralized Processing Cell (TDS), the TDS Statements have been filed by you for different quarters for the Financial Year 2013-14. However, you have… Read more »
CPC (TDS) has issued a communication to the deductors regarding TDS Statements filed for Q 1, FY 2012-13 but not yet filed for Q 1, FY 2013-14. Through this communication,… Read more »
CPC(TDS) has issued a reminder communication to all deductors regarding invalid/non available PANs. The issued communication has been given below: Dear Deductor, CPC(TDS) has observed from its records that you have… Read more »