Tag: TDS defaults

Late Filing of TDS Returns – Fees and Penalty

Fees and Penalty for Late Filing of TDS Returns are as follows: Section 234E-Levy of Fees Failure to submit e-TDS Statement on time will result in fees on the deductor…. 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 Default Types & Tips to avoid it

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One can avoid defaults in the TDS statements, by way of adherence to the following basic principles:    Timely Payment of total taxes deducted/ collected Correct Reporting with regard to… Read more »

CPC (TDS) communication: TDS Defaults exist in all Six preceding Quarters, “No Correction TDS Statement filed as yet”

As per the records of the Centralized Processing Cell (TDS), there exist outstanding Defaults in “all six preceeding Quarters” with respect to the TDS Statements filed by deductors, relevant to… Read more »

CPC (TDS) communication : Intimation regarding Outstanding TDS demand from FY 2007-08 onwards-Reg

Dear Deductor, (TAN: ___________),  Please refer the subject above. As per the records of the Centralized Processing Cell (TDS), there is an outstanding demand in different years from 2007-08 onwards… Read more »

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 »