Steps to be taken in case of TDS mismatch
Even if the credit for TDS as claimed in the return matches with the balance as appearing in the Form 26AS, Assessing Officer may still raise a demand for payment… Read more »
Tag: PAN
Frequently asked question (FAQ) on TDS
What is TDS? TDS means ‘Tax Deducted at Source’. TDS is one of the modes of collection of taxes, by which a certain percentage of amount is deducted by a… Read more »
Invalid / Not Available PANs reported consistently while submitting TDS Statements – CPC(TDS)
CPC(TDS) has issued a reminder communication to all deductors regarding invalid/non available PANs. The issued communication has been given below: Dear Deductor, CPC(TDS) has observed from its records that you have… Read more »
Points to remember before filing the quarterly TDS statement
Given below are the points one should remember before filing quarterly TDS statement: Correct Reporting: Cancellation of TDS return and deductee row is no longer permissible. Accordingly, it is very important to… Read more »
FAQ on Form 26AS
What is Form 26AS? It is a form issued under Rule 31AB, wherein the following information in relation to a PAN is published: TDS – Part A & A1 of… Read more »
Deductees reported in TDS Statements with structurally Valid, but actually Invalid PANs
CPC(TDS) has observed from its records that many deductors have reported deductees with invalid PANs in the quarterly TDS statements. These PANs appear structurally valid but they are invalid. CPC(TDS)… Read more »