No Penalty for mere reduction in deduction claimed
Issue – Whether the penalty was imposed U/s 271(1)(c ) because of the reason that the deduction claimed under section 80-IB by the respondent-assessee was ultimately allowed at a lower… Read more »
Tag: TDS
Amount paid to seconded personnel not liable for deduction of tax at source
The trained man-power deployed abroad is drawn for the employees of its member companies. However, such deployed man-power continue to be the employees of its member companies but are seconded… Read more »
Download new Form 16A new TRACES pdf generation utility with digital singnature
www.tdscpc.gov.in has now provided a new form 16A PDF generation utility lighter version with small size and with digital signature feature. The steps to install newer version of form 16A… Read more »
Steps to download NSDL consolidated file from TRACES
Here are the steps to download NSDL consolidated file from TRACES website: Login to TRACES: Login to TRACES as a deductor by entering User Id and Password and click on… Read more »
Password to open Consolidated Statement file downloaded from tdscpc.gov.in
As you know that to revised eTDS return Consolidated Statement file is required and for that also now you have to go to the new website tdscpc.gov.in to download consolidated… Read more »
Credit for TDS allowed if Income shown in certificate is offered for tax despite certificate is not in Assessee name
Assessee is entitled to the credit of the TDS mentioned in the TDS certificates issued by the contractor, whether the said certificate is issued in the name of the Joint… Read more »