Tag: TDS compliance

CPC (TDS) thanks deductors for availing Online Correction facility at TRACES

CPC (TDS) has issued a communication in which it has thanked deductors for promptly availing the Online Correction facility at TRACES on receipt of Intermediate Defaults Communication.  The issued communication has been… Read more »

Basic principles of TDS Compliance

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The following are the basic principles of TDS compliance: Deduction/ Collection of Tax at Correct Rates Timely Deposit of Tax Deducted at Source Accurate Reporting of data related to tax… Read more »

Healthy Practices for Error-Free TDS Returns

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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… Read more »

TDS Compliance for 4th Quarter of FY: 2014-15

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Last date for payment of tax deductions for March 2015 – 30th April, 2015 Last date for filing of TDS returns for Q4 of FY: 2014-15 – 15th May, 2015… Read more »

CPC (TDS) drive for closure of Short Payment Defaults: Enhancement in Online Corrections feature for “Moving Deductee rows” from Unmatched Challans

CPC (TDS) has released a follow up communication regarding closure of Short Payment Defaults in quarterly TDS Statements due to Unmatched Challans. The released communication has been given below: Dear… Read more »