Due Date of TDS payment for June is 7th July, 2014
Due Date for payment of TDS Deducted/Collected during June is 7th July 2014 Please Note: In case the assessee deposits the TDS Payment after the due date of payment of… Read more »
Tag: TDS
Points to remember before filing the quarterly TDS statement
Given below are the points one should remember before filing quarterly TDS statement: Correct Reporting: Cancellation of TDS return and deductee row is no longer permissible. Accordingly, it is very important to… Read more »
TDSMAN updated with FVU ver. 4.3 & FVU ver. 2.139
TDSMAN software has been updated for the newly released File Validation Utilities (FVU ver. 4.3 and FVU ver. 2.139). All licensed and trial users are advised to update the software… Read more »
Solutions to the top queries about Short Payment and Short Deduction
How much amount do I pay for intimation received on Short Payment with Provisional Interest? Provisional interest is calculated till the date of processing of statement. Deposit principal amount of… Read more »
Assessee making payment to Foreign Agencies for access to record of online consumers, liable to deduct TDS
ITAT Bangalore Bench recently in an appeal held that any fees paid by the assessee to foreign agencies for availing the service of access to record of online consumers maintained… Read more »
No TDS to be deducted if commission paid to foreign agents for rendering services abroad
ITAT Chennai Bench recently held that assessee is not liable to deduct tax at source for making payment to its foreign agents for rendering services abroad, if the foreign agent… Read more »