Tag: CBDT

Unmatched TDS challans in form 26AS to be verified & corrected by 31-12-2013: CBDT

INSTRUCTION NO 11/2013, Dated: 27 August, 2013 Subject: Action on Unmatched Challans reflected in Form 26AS-direction of the Honble Delhi HC in the case Court on Its Own Motion vs…. Read more »

Deductors not depositing TDS by due date are liable for prosecution

Tax deductors who default in depositing TDS by due date shall be liable for prosecution: CBDT Central Board of Direct Taxes (CBDT) issued a press release in which CBDT said… Read more »

TDS on transfer of immovable properties w.e.f 01.06.2013

From June 1st 2013, transfer by a resident of immovable property (other than agricultural land) where consideration exceeds Rs 50 lakhs would attract TDS @ 1% u/s 194 IA. The… Read more »