Tag: CBDT

Applicability of TDS provisions of section 194-I of the Income-tax Act, 1961 on lump sum lease premium paid for acquisition of long term lease

Circular No. 35/2016 F No.275/29/2015-IT (B) Government of India Ministry of Finance Department of Revenue   Central Board of Direct Taxes North Block, New Delhi 13th October, 2016 Subject: Applicability… Read more »

Avail the Benefit of CPC(TDS) Analytics for Correction of PANs in your TDS Statements

Date of Communication: 23/09/2016 Dear Deductor, TAN (XXXXXXXXXX) Centralized Processing Cell (TDS) has observed from its records that you have reported “Structurally Correct, however Invalid PANs” in your TDS Statement… Read more »

CBDT launches ‘e-nivaran’ facility to resolve income tax grievances

CBDT has launched the ambitious ‘e-nivaran’ facility for online redressal of taxpayers’ grievances related to refunds, ITRs and PAN among others as part of its initiative to reduce instances of… Read more »

Avail the Benefit of CPC (TDS) Analytics for Correction of PANs in your TDS Statements

Date of Communication: 13/08/2016 Dear Deductor, TAN (XXXXXXXXXX) Centralized Processing Cell (TDS) has observed from its records that you have reported “Structurally Correct, however Invalid PANs” in your TDS Statement… Read more »

CBDT relaxes rules for TDS claims by non-resident companies

Non-resident investors who do not provide permanent account number will no longer have to face higher tax deduction at source. The income tax department has eased norms for non-resident investors,… Read more »