Interest Liability for TDS Assessee-in-Default
A TAN holder who fails to deduct whole or any part of the tax at source is treated as an assessee-in-default. But, as per provision in section 201 the TAN… Read more »
Tag: TDS Payment
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 March – due date for TDS & TCS payment for February
7th March, 2020 is the due date for TDS and TCS payments for the deductions made in February 2020. Make sure to do the needful on time to avoid interest…. Read more »
7th February – due date for TDS & TCS payment for January
7th February, 2020 is the due date for TDS and TCS payments for the deductions made in January 2020. Make sure to do the needful on time to avoid interest…. Read more »
Due date for filing of TDS returns for Q3 of FY: 2019-20 – 31st January
31st January – due date of filing TDS Returns for FY: 2019-20, Quarter 3 (Oct – Dec) Filing of TDS Returns for the quarter ended December 2019 (FY:2019-20 Quarter 3) is… Read more »
197 Certificate – Rationale & Brief Analysis
What is 197 Certificate? The section 197 of Income Tax Act, 1961 provides the facility of non-deduction or lower deduction of tax. The assessee whose TDS is to be deducted… Read more »