Inconsistencies in the TDS / TCS statements
When you file your TDS / TCS return, first the details regarding deposit of TDS/TCS made by you is compared with the data given by banks. The data is uploaded… Read more »
TDS Circular No. 08/2011 dated 14.10.2011 on deposits in Banks
Circular No. 08/2011 dated 14.10.2011 on Tax Deduction at Source on the deposits in Banks has been issued by CBDT in the name of The Registrar / Prothonotary and Senior… Read more »
Check eTDS return default notice calculation details online
ITD has started processing of TDS returns for 2010-11 (u/s 200A) and earlier years (u/s 201). All ‘defaults’ information, those processed after 01-04-2011, are now made available at www.tin-nsdl.com. (Login… Read more »
Verify TDS Deducted, Advance Tax Online before Income Tax return filing
Before filing the tax forms, you need to deposit the balance tax due and interest, if any. This amount is based on your tax liability for the year, after taking… Read more »
Refund Claims may be made pertaining to March 31,2009 may be submitted upto March 31, 2012
CBDT had earlier clarified that no claim of refund can be made after two years from the end of financial year in which tax was deductible at source. Now, the… Read more »
Facts about Forms 15H and 15G
Form 15G and Form 15H are used for avoiding the TDS deduction while computing the interest earned during the financial year. In this article we are discussing important points to… Read more »