Difference between Late Payment & Late Deduction
The difference between late payment and late deduction: Late payment: After the tax is deducted at source it has to be deposited into the government account by 7th of the… Read more »
Tag: TDS Payment
Points to remember regarding TDS statement
Given below are the points one should remember regarding TDS statement: Correct Reporting: Cancellation of TDS return and deductee row is no longer permissible. Accordingly, it is very important to report… Read more »
7th June – Due date for TDS & TCS payment for May
7th June, 2020 is the due date for TDS and TCS payments for the deductions made in May 2020. Make sure to do the needful on time to avoid interest…. Read more »
TDS Returns – March 2020 Quarter – Date Extended to 30th June, 2020
As per the gazetted notification issued by Govt. of India, all due dates, prescribed or notified under the Income Tax Act, which will falls during the period – 20th March 2020… Read more »
Online TDS/TCS/Demand Payment using Challan ITNS 281
Challan no. ITNS 281 is used by deductors to deposit TDS, TCS and demand payment. Following details are necessary to fill while payment of Challan ITNS 281: 1. Tax Applicable… Read more »
7th May – Due date for TDS & TCS payment for April
7th May, 2020 is the due date for TDS and TCS payments for the deductions made in April 2020. Make sure to do the needful on time to avoid interest…. Read more »