TDS Compliance for 3rd Quarter of FY: 2015-16
Last date for payment of tax deductions for December 2015 – 7th January, 2016 Last date for filing of TDS returns for Q3 of FY: 2015-16 – 15th January, 2016 Last… Read more »
Tag: TDS certificates
Stringent authentication mechanism for filing of correction statements & download of TDS certificates, consolidated files etc. by Banks / Corporates
The Direct Taxes Directorate of Income-tax (Systems), CBDT vide Notification No. 3 /2015 dt. 1st of December 2015 has notified Stringent Authentication Mechanism through Corporate Head Quarter Server for filing… Read more »
Frequently Asked Questions (FAQ) on Form 16/16A
What is Form 16 / 16A? It is the certificate of deduction of tax at source by any person in accordance with Chapter XVII-B of IT Act. Form 16 is issued… Read more »
Issue TDS certificates by 30th October to avoid penalties
Last date for issuance of TDS/TCS certificates for Q2 of FY: 2015-16 is 30th October, 2015 The above is applicable for all other than government deductors Delay in certificates may… Read more »
Important information for downloading of TDS Certificates
Given below are some important information regarding downloading of TDS certificates. Refer to the following provisions of the Income Tax Act, 1961: Downloading of TDS Certificates from TRACES made mandatory: … Read more »
Implications of Non/Late filing of TDS Statements
Implications of Non/Late filing of TDS Statements has been given below: For Tax payers: Non/ Late etds filing results into the TDS Credit not being available to the deductees (employees… Read more »