Basic duties of the person who is liable to deduct tax at source
Following are the basic duties of the person who is liable to deduct tax at source: He shall obtain Tax Deduction Account Number and quote the same in all the… Read more »
Tag: TDS Statements
Payment of taxes – Do’s & Dont’s
Taxpayers, deductors or collectors can pay direct taxes through Authorised Bank branches either physically, through ATM or through internet. Type of Challans to be used for tax payments Challan Description ITNS… Read more »
Fees for Late Filing of TDS Returns
Fees for Late Filing of TDS Returns are as follows: Section 234E-Levy of Fees Failure to submit TDS return on time will result in fees on the deductor. If you delay… Read more »
FAQ on Form 26AS
What is Form 26AS? It is a form issued under Rule 31AB, wherein the following information in relation to a PAN is published: TDS – Part A & A1 of… Read more »
Payment of taxes -Do’s & Dont’s
Taxpayers, deductors or collectors can pay direct taxes through Authorised Bank branches either physically, through ATM or through internet. Type of Challans to be used for tax payments Challan Description ITNS… Read more »
FAQ on Online Correction
What is Online Correction? TRACES has provided the functionality of “Online Correction” where deductor can perform correction of TDS return /TCS return online. Following are the various facilities available through online… Read more »