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 »
The due date for deduction is either at the time of giving credit or payment of the dues, whichever is earlier. Late deduction happens in the event the tax is… Read more »
Steps for Preparing Correction Returns Request for TDS (Consolidated) file from TRACES Download requested TDS (Consolidated) file from TRACES Upload TDS (Consolidated) file for correction into the software. This file is password protected [Password: TAN_Request… Read more »
TDSMAN has been updated for the following newly released File Validation Utilities: FVU ver. 6.8 – For statement pertaining to FY 2020-21 onwards FVU ver. 2.164 – For statement up to FY… Read more »
The Income Tax Department has released by today (7th August, 2020), the following new File Validation Utilities: FVU version 6.8 – For statement pertaining to FY 2020-21 onwards FVU version… Read more »
File Validation Utility (FVU) version 6.8 Addition of new section code 194J(a) and 194J(b) for Form 26Q Same will be applicable for regular and correction statements pertaining to FY:2020-21 onwards… Read more »