Due Dates for the month of May 2015
Important due dates in the month of May 2015 has been given below: 7 May 2015 – Due date for deposit of Tax deducted/collected for the month of April, 2015… Read more »
Tag: TDS statement
Budget 2015-16: Rationalisation of provisions relating to tax deduction at source (TDS) and tax collection at source (TCS)
Under Chapter XVII-B of the Act, a person is required to deduct tax on certain specified payment at the specified rate if the payment exceeds the specified threshold. The person… Read more »
Charges collected for late filing of TDS return is a fees and not a tax
The fee sought to be levied under section 234E for late filing of TDS return is not a tax that is sought to be levied on the deductor. If the… Read more »
Verification of PAN in TDS Statements filed for FY 2011, 2012 and 2013
CPC (TDS) has issued an advisory communication to the deductors stating about the verification of PAN in TDS Statements filed for FY 2011, 2012 and 2013. The issued communication has… Read more »
Key features of FVU version 4.5
Incorporation of section 194LBA (Certain income from units of a business trust): Section 194LBA is applicable for Form no. 26Q and 27Q Section 194LBA is applicable for statements pertaining to… Read more »
CPC (TDS) communication regarding Defaults in TDS Statements
Dear Principal Officer, Name: PAN: Address: The consolidated defaults of various TANs belonging to you as per the records of Centralized Processing Cell (TDS) as on 23/10/2014 starting from F.Y…. Read more »