Tag: TDS

Guidelines to avoid common mistakes while submitting TDS Statements

Following are some useful guidelines to avoid common mistakes, while submitting TDS return: Incorrect reporting of 197 Certificates: Please refer to the following guidelines for correct reporting of 197 Certificates:… Read more »

“Self-declaration” facility for Lower TDS Deposited During the Quarters

CPC TDS has released a “Self Declaration” feature on web-portal TRACES with respect to Lower TDS deposited during a Quarter/s to facilitate the deductors to share the reasons for reduction… Read more »

Payment of taxes -Do’s & Dont’s

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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 »

TDSMAN updated with FVU ver. 4.9 & FVU ver. 2.145

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TDSMAN has been updated for the following newly released File Validation Utilities: FVU ver. 4.9-For Statements pertaining to FY 2010-11 onwards. FVU ver. 2.145-For Statements pertaining to FY 2007-08 to… Read more »

New facility of pre-filling TDS data while submitting online rectification

CBDT has issued a press release regarding the new facility that has been provided for pre-filling of TDS schedule while submitting online rectification request on the e-filing portal to facilitate… Read more »