Tag: CBDT

New PAN Application Form 49A & 49AA wef 16.05.2014 – Mother’s name can be shown on PAN Card

CBDT has revised PAN Application form 49A and 49AA wef from 16.05.2014 vide its notification no. 26/2014, Dated- 16-5-2014. This new form provide option to individuals to show mother’s name… Read more »

CBDT optimist on Standard Operating Procedure – Urges taxpayers to file rectification request for TDS mismatches

SECTION 139D OF THE INCOME-TAX ACT, 1961 – FILING OF RETURN IN ELECTRONIC FORM – EXTENSION OF FACILITY TO TAXPAYERS TO VERIFY IF DEMAND IN THEIR CASE IS DUE TO… Read more »

Steps for filing Rectification request on receipt of demand notice due to mismatch of Income Tax

The CBDT has noted that many taxpayers are committing mistakes while furnishing their tax credit claims in the return of income. Such mistakes include: quoting of invalid/incorrect TAN; quoting of… Read more »

Points to remember while filing TDS statements for 4th Quarter of FY: 2013-14

One should take care of the following information before submitting TDS return for 4th Quarter of Financial Year 2013-14 Payment of Taxes deducted/ collected: In accordance with Central Government Account (Receipts… Read more »

Due date to pay Advance Tax extended till 18th March 2014

The due date of payment of the march instalment of advance tax extended from 15th march 2014 to 18th march 2014 The final instalment of advance tax for financial year… Read more »

One time relief for Government deductors for late fees

The due date to file TDS/TCS statement for government deductors has been extended by the CBDT for the following financial years:       (i) FY 2012-13 – 2nd to 4th Quarter… Read more »