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TDS

Reporting of TDS transactions

Guidelines for reporting TDS transactions where amount paid to deductee has not exceeded the threshold limit in the first quarter but in subsequent quarters has exceeded threshold limit (as issued by the Directorate of Income Tax  Systems) Flag  should be selected in the field of Reason for non deduction / lower deduction / higher […]

Categories
TDS

Details of 15G-15H to be provided in eTDS statement

Earlier there was requirement to submit details of all payments / credits where no deduction was made in view of certificate of no deduction issued by the income-tax officer. Now details of payments / credit where no deduction was made in view of submission of self declaration under section 197A for no deduction of tax […]

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