Points to be remembered by the Seller of the property
Following are the points to be remembered by the seller of the property: Provide a copy of PAN Card to the Purchaser of the property for furnishing information regarding TDS… Read more »
Tag: Income Tax
Payment of interest on refund under section 244A of excess TDS deposited under section 195 of the Income tax Act, 1961
The Income Tax (I-T) department will now add interest amount to a delayed refund made on excess tax deducted at source (TDS) cuts and will also not litigate with the… Read more »
Analysis of File Validation Utility (FVU) Version 5.0
The Income Tax Department has released the new File Validation Utility (FVU) Ver. 5.0 on 13th April 2016 and is applicable for all TDS Returns & Correction Statements filed from… Read more »
Release of new functionality to taxpayers to secure their E-filing account
The Income Tax Department has from time to time issued advisories regarding the need to avoid phishing emails and to carefully protect the passwords, OTPs and not share them with… Read more »
CBDT requests taxpayers to avail facility for online rectification
CBDT has issued a press release in which it has requested taxpayers to avail facility for online rectification. The issued press release has been given below: Government of India Ministry… Read more »
CPC (TDS) Follow up: 26QB Statement not yet filed for Purchase of Property during FY 2014-15
CPC (TDS) has issued an advisory communication to the buyers 0f immovable property regarding filing of TDS statement in Form 26QB. The issued communication has been given below: Date of communication… Read more »