CPC (TDS) has issued a communication to all deductors who have filed TDS Statements for Q1, FY 2014-15 but not filed yet for Q2 as of November 1, 2014. The issued… Read more »
Ensure that your TDS reaches the income-tax department. If not, an assessee might be charged interest for not paying TDS on time. Recently, a senior citizen received a notice from… Read more »
1. What is Form 16B? Form 16B is the TDS certificate to be issued by the deductor (purchaser/buyer of immovable property) to the deductee (Seller of immovable property) in respect… Read more »
CBDT has noticed that 5,09,898 taxpayers who have submitted an e-return for AY 2011-12 or 2012-13 or AY 2013-14 (Upto 20th October 2014) with returned Income of More than 10… Read more »
As per the records of the Centralized Processing Cell (TDS), this has been observed that there has been substantial delay in payment of the “amount of Tax Deducted” during the… Read more »
CPC (TDS) has issued a communication to banks regarding non reporting of 15G/H transaction in contravention of rule 31A (4) of Income Tax Rules read with section 200 of Income… Read more »
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