Tag: TDS certificate

Credit for TDS allowed if Income shown in certificate is offered for tax despite certificate is not in Assessee name

Assessee is entitled to the credit of the TDS mentioned in the TDS certificates issued by the contractor, whether the said certificate is issued in the name of the Joint… Read more »

No addition for difference in income as per profit and loss account & TDS certificate

Admittedly, as per TDS certificate issued by Mysore Breweries Limited, the total reimbursement made to the assessee as per their newly arrangement was Rs. 3,35,85,000/-. However, in the books of… Read more »

Verify TDS Deducted, Advance Tax Online Before Income Tax Return Filing

With just two weeks left to file the income tax returns, many taxpayers are busy making their final calculations, visiting their tax consultant and filling up the returns form. Before… Read more »

DEDUCTORS MUST ENSURE CORRECT CREDIT OF TDS IN CORRECT PERSON

Deductors Must Comply with their Obligations to Ensure Correct Credit to Persons from Whose Income Tax is Deducted at Source. All deductors other than Government deductors must file their quarterly… Read more »