Few Months back Income tax department has issued instruction 01/2012 in which TDS matching with form 26AS was relaxed for assessment year 2011-12.In these instructions TDS claim can be accepted… Read more »
With effect from April 8, 2012, PAN applications are required to be furnished in the new forms prescribed by ITD. Indian citizens will have to submit their Application for allotment… Read more »
Introduction: As per the provisions of Section 206C, tax is required to be collected at source by the seller at the specified rate on certain goods like alcoholic liquor, tendu… Read more »
SMS BASED SERVICE FOR CHALLAN STATUS National Securities Depository Limited (NSDL) provides CIN (Challan Identification Number) based view of direct tax challans to taxpayers to know the status of challan… Read more »
Form 15G and form 15H are used for avoiding the TDS deduction at source if deductee expects his Income to be lower then the taxable limit. In this article we… Read more »
Non reflection of TDS on bank FD or term deposit in 26AS statement is very common problem these days. The reason for this problem is very simple the bank is… Read more »