Tag: TDS

Non reporting of 15G/H transaction in contravention of rule 31A (4) of Income Tax Rules read with section 200 of Income Tax Act

CPC (TDS) has issued a communication to banks regarding non reporting of 15G/H transaction in contravention of rule 31A (4) of Income Tax Rules read with section 200 of Income… Read more »

CPC (TDS) reminder to Banks for raising Flag “B” in TDS Quarterly Statements against 15G/H transactions

CPC (TDS) has issued a communication to banks regarding raising of Flag “B” in TDS Quarterly Statements against 15G/H transactions. The issued communication has been given below: Dear Deductor (TAN… Read more »

CBDT – Issue nil TDS certificate to deductor & lower TDS certificate to recipient of income

GOVERNMENT OF INDIA MINISTRY OF FINANCE (Department of Revenue) (CENTRAL BOARD OF DIRECT TAXES) NOTIFICATION NO. 46/2014   New Delhi, 24th September, 2014   In exercise of the powers conferred… Read more »

Extension of the due date to deposit the tax deducted at source/tax collected at source during the month of September, 2014

The due date to deposit the tax deducted at source/tax collected at source during the month of september, 2014 has been extended from 7th october, 2014 to 10th october, 2014… Read more »

CPC (TDS) follow up communication to deductors: Nil TDS Deposited during Financial Year 2014

CPC (TDS) has issued a follow up communication to all deductors regarding nil TDS deposited during FY 2014. It may be possible that either the tax may not have been… Read more »