TDS on Service Tax
According to Indian Tax Laws, the receiver of service is required to do two things at the time of making any payment:- 1. Pay Service Tax on the services received… Read more »
Tag: CBDT
New PAN application form 49A, 49AA Notified: Documents required to apply PAN card Modified
CBDT (Central Board of Direct Taxes) has amended the rules pertaining to application of new pan card issued in its notification no. 96 dated December, 23 2013 regarding new format… Read more »
Due date for payment of Advance tax extended to 17th December 2013
The tax payers are required to pay their december installment of Advance tax on or before 15th December, 2013. The taxpayers can make payments in the designated branches of the… Read more »
TDS on Income from Pension for Asstt. Year 2014-15
In the case of pensioners who receive their pension from a nationalized bank, the instructions contained in this circular shall apply in the same manner as they apply to salary… Read more »
No adjustment of refunds against old demands if either is up to Rs 5000/- : CBDT
SECTION 245 OF THE INCOME-TAX ACT, 1961 – REFUNDS – SET OFF OF REFUNDS AGAINST TAX REMAINING PAYABLE – DATA PERTAINING TO NOTICES ISSUED UNDER SECTION 245 BY CPC, BANGALORE… Read more »
Procedure for filing TDS returns with insufficient deductee PAN
As per instructions issued by the Central Board of Direct Taxes (CBDT), it is mandatory for deductors to file TDS/TCS returns with a threshold limit of Permanent Account Number (PAN)… Read more »