Basic principles of TDS Compliance
The following are the basic principles of TDS compliance: Deduction/ Collection of Tax at Correct Rates Timely Deposit of Tax Deducted at Source Accurate Reporting of data related to tax… Read more »
Tag: Online Correction
Avail the Benefit of CPC(TDS) Analytics for Correction of PANs in your TDS Statements
Date of Communication: 23/09/2016 Dear Deductor, TAN (XXXXXXXXXX) Centralized Processing Cell (TDS) has observed from its records that you have reported “Structurally Correct, however Invalid PANs” in your TDS Statement… Read more »
Steps to follow in case of Late Payment Intimation Received
Follow the steps mentioned below in case of Late Payment Intimation Received: The default amount will have to be deposited through challan number ITNS – 281 by ticking minor head… Read more »
CPC(TDS) releases Online Correction Facility for 26QB Statements
Dear Buyer of Immovable Property, The Centralized Processing Cell (TDS) is pleased to inform the release of Online Correction facility for TDS statements filed in form 26QB, with respect to… Read more »
Closure of defaults in Quarterly TDS Statements from Financial Year 2007-08 onwards
CPC(TDS) reminder communication to banks regarding closure of defaults in Quarterly TDS Statements from Financial Year 2007-08 onwards. The issued communication has been given below: The Principal Officer Name: XXXXXXX… Read more »
Avail the Benefit of Intermediate Default Communications and Avoid Intimations from CPC (TDS)
Dear Deductor, As you may be aware by now that the Centralized Processing Cell (TDS) is informing you of PAN and Challan Errors, through an Intermediate Communication, during processing of… Read more »