Basic duties of the person who is liable to deduct tax at source
Following are the basic duties of the person who is liable to deduct tax at source: He shall obtain Tax Deduction Account Number and quote the same in all the… Read more »
Tag: tax deduction
Basic duties of the person who is liable to deduct tax at source
Following are the basic duties of the person who is liable to deduct tax at source: He shall obtain Tax Deduction Account Number and quote the same in all the… Read more »
Tax deducted at source and actual tax liability may differ
Though there is a provision to deduct tax at the source of income, one must assess this tax position. Despite TDS, one may have to pay tax, if his tax… Read more »
Deduct tax at source while purchasing property
Deduct tax at source while purchasing property else, you’ll need to pay from own pocket with interest and penalty. On receiving a notice from the Income Tax Department, a client… Read more »
Reasons to reject the correction in salary detail records by TDSCPC
Rejection reasons pertaining to salary details are as follows: In case of salary detail PAN update or delete of salary detail record, last total gross income should match with corresponding… Read more »
CPC(TDS) – Processing of statements might take 7 to 10 working days
According to the information displayed on TRACES website, processing of statements might take 7 to 10 working days from date of filing due to peak statement filing time. 90% of the statements filed… Read more »