Income-Tax Department uses the registered contact details (Mobile number & E-mail ID) for all communications related to e-Filing. It is mandatory that all tax payers must have a valid contact… Read more »
CPC(TDS) has provided a feature of downloading Form 27D, the Tax Collection Certificate for Deductees forming part of TCS Statements, filed in the form of 27EQ. Refer to the following… Read more »
CBDT has revised PAN Application form 49A and 49AA wef from 16.05.2014 vide its notification no. 26/2014, Dated- 16-5-2014. This new form provide option to individuals to show mother’s name… Read more »
One can avoid defaults in the TDS statements, by way of adherence to the following basic principles: Timely Payment of total taxes deducted/ collected Correct Reporting with regard to… Read more »
The CBDT has noted that many taxpayers are committing mistakes while furnishing their tax credit claims in the return of income. Such mistakes include: quoting of invalid/incorrect TAN; quoting of… Read more »
e-Filing of Returns/Forms is mandatory for: Any assessee having total income of Rs. 5 Lakhs and above from AY 2013-14 and subsequent Assessment Years. Individual/ HUF, being resident, having assets… Read more »