Duties of person deducting tax at source and rights of tax payers
The duties of person deducting tax at source and the rights of the tax payers has been given below: Duties of person deducting tax at source Deduct Tax at Correct… Read more »
Tag: TDS certificate
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 »
Verify all PANs before generating TDS Returns
TDSMAN has introduced a unique feature of verifying all PANs in a TDS Return In one click identify all invalid PANs used in a Return Avoid Default Notices with steep… Read more »
Late filing of TDS return – Penalties, Prosecution & Interest Calculation
The various provisions of TDS are statutorily required to be strictly complied with. Any default in compliance can attract, levy of interest, penalty and in certain cases initiation of prosecution… Read more »
RBI : Banks to ensure timely issue of TDS Certificate to customers
Below letter has been issued to all Banks by RBI in which RBI has directed all Banks to issue TDS certificate to Customers on time. RBI/2013-14/361 DBOD.No.Leg.BC.65/09.07.005/2013-14 November 6, 2013 All… Read more »
How to Download TDS Certificate in Form 16B?
Government has made it mandatory w.e.f 01.06.2013 on buyer of property to deduct TDS @ 1% on payment made after 01.06.2013 if Purchase Consideration of the Property exceeds Rs. 50… Read more »