Due Dates for December 2015
7 December 2015 – Due date for deposit of Tax deducted/collected for the month of November, 2015. However, all sum deducted/collected by an office of the government shall be paid… Read more »
Tag: TDS
Frequently Asked Questions (FAQ) on Form 16/16A
What is Form 16 / 16A? It is the certificate of deduction of tax at source by any person in accordance with Chapter XVII-B of IT Act. Form 16 is issued… Read more »
Salaries of nuns and priests working as teachers are not exempted from TDS
The Madras High Court today ordered status quo on an Income Tax circular stating that salaries of nuns and priests working as teachers are not exempted from Tax Deduction at… Read more »
Important CPC (TDS) Communication on Payment of Taxes as a “Demand Payment”, Deducted on Purchase of Immovable Property
CPC (TDS) has issued an advisory communication to the purchasers of the property regarding payment of taxes, deducted on purchase of immovable property. The issued communication has been given below: Dear… Read more »
The taxpayer is entitled to TDS credit of its sister concern appearing in its Form 26AS due to an inadvertent error of a deductor
Background Recently, the Delhi High Court (High Court) in the case of Relcom1 (the taxpayer) held that the taxpayer is entitled to the credit of the Tax Deducted at Source… Read more »
Deposit TDS by 7th November for tax deducted during October 2015
Due Date for payment of TDS is 7th November, 2015 for tax deducted during October 2015 Please Note: In case the assessee deposits the TDS Payment after the due date… Read more »