Major Changes in Salary TDS Returns – Form 24Q
Recently vide its Notification No. 36/2019 by the Income Tax Department has substantially modified the format of Part B of Form 16 (Salary TDS Certificate given to Employees) with effect… Read more »
Recently vide its Notification No. 36/2019 by the Income Tax Department has substantially modified the format of Part B of Form 16 (Salary TDS Certificate given to Employees) with effect… Read more »
As per CBDT Notification No. 41/2019 dated 22/05/2019, senior citizens with a taxable income of up to 5 lakh can now submit in banks and post offices Form 15H to… Read more »
Make sure taxes are deducted on time and at correct deduction rates /amount. The applicable section under which the deduction falls should be correctly applied. Tax needs to be deducted… Read more »
31st May – last date of filing TDS Returns for FY: 2018-19, Quarter 4 (Jan – Mar) 30th May – last date for TCS Certificates for FY: 2018-19, Quarter 4… Read more »
Healthy practices for error-free TDS returns has been given below: Deduction/ Collection of Tax at Correct Rates. Timely Deposit of Tax Deducted at Source. Accurate Reporting of data related to… Read more »
Given below are the points one should remember regarding TDS statement: Correct Reporting: Cancellation of TDS return and deductee row is no longer permissible. Accordingly, it is very important to report… Read more »