Tag: TCS return

Healthy Practices for Error-Free TDS Returns

      No Comments on Healthy Practices for Error-Free TDS Returns

Healthy practices for error-free TDS returns has been given below:  Deduction/ Collection of Tax at Correct Rates. Timely Deposit of Tax Deducted at Source. Accurate Reporting of data related to… Read more »

Points to remember regarding TDS statement

      No Comments on Points to remember regarding TDS statement

Given below are the points one should remember regarding TDS statement: Correct Reporting: Cancellation of TDS return and deductee row is no longer permissible. Accordingly, it is very important to report… Read more »

TDS/TCS Return – Online Filing

      No Comments on TDS/TCS Return – Online Filing

Steps for filing TDS/ TCS Return online: Step – I The data structure (file format) in which the e-TDS / e-TCS return is to be prepared has been notified in… Read more »

TDS Returns – March 2020 Quarter – Date Extended to 30th June, 2020

As per the gazetted notification issued by Govt. of India, all due dates, prescribed or notified under the Income Tax Act, which will falls during the period – 20th March 2020… Read more »

Reduction in TDS / TCS Rates

      No Comments on Reduction in TDS / TCS Rates

As part of the initiative in improving liquidity owing to the COVID crisis, it has been announced that TDS / TCS rates for non-salary payments will be reduced by 25%… Read more »

TDS/TCS Return – Online Filing

      No Comments on TDS/TCS Return – Online Filing

Steps for filing TDS/ TCS Return online: Step – I The data structure (file format) in which the e-TDS / e-TCS return is to be prepared has been notified in… Read more »