Tag: CPC-TDS

CPC (TDS) follow-up for closure of Short Payment Defaults in excess of Rupees 1 Crore in TDS Statements filed since FY 2007-08 onwards

CPC (TDS) has observed from its records that there are outstanding Short Payment Defaults exceeding Rs. 1 Crore, with respect to TDS Statements filed by the deductors since Financial Year… Read more »

Inappropriate usage of Digital Signature Certificates (DSC) for availing services of TRACES

CPC (TDS) has observed from its records that Online Corrections have been submitted by deductors on TRACES by using Digital Signature Certificate but there are no Registered Digital Signature Certificates… Read more »

Healthy Practices for Error-Free TDS Returns

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Healthy practices for error – free TDS returns has been given below: Deduction/ Collection of Tax at Correct Rates. Timely Deposit of Tax Deducted at Source. Accurate Reporting of data… Read more »

CPC (TDS) drive for closure of Short Payment Defaults to facilitate downloading of Conso Files/ TDS Certificates

CPC (TDS) has observed from its records that there are Short Payment Defaults in Quarterly TDS Statements submitted by the deductors due to which downloading of Consolidated Files and TDS Certificates are… Read more »

Closure of Short Payment defaults in Quarterly TDS Statements

CPC (TDS) has issued a reminder communication to Banks regarding closure of short payment defaults in Quarterly TDS Statements. The issued communication has been given below: Please refer to the… Read more »

CPC (TDS) drive for closure of Short Payment Defaults: Enhancement in Online Corrections feature for “Moving Deductee rows” from Unmatched Challans

CPC (TDS) has released a follow up communication regarding closure of Short Payment Defaults in quarterly TDS Statements due to Unmatched Challans. The released communication has been given below: Dear… Read more »