E-File TDS Statement for the Quarter ended on 31st March 2019 by 31st May 2019. Due date is extended to 30th June 2019 for Odisha. Avoid Late Fees of Rs. 200/- per day and levy of Penalty upto Rs. 1,00,000 by filing TDS Statement on or before due date.
INCOME TAX DEDUCTORS!
-TIME TO FILE TDS STATEMENT –
USE THE NEW FORMAT OF FORM 24Q FOR TDS ON SALARIES
The new format Improves accuracy and avoids mismatches in the Return of Income Tax filed by deductee
DOWNLOAD TDS CERTIFICATE
ISSUE TDS CERTIFICATE
Form 16 (on salary) for F.Y.2018-19 and From 16A (on income other than salary) for the quaver ended 31st March,2019 by 15th June,2019 (15th July,2019 for odisha). Delay in issue of TDS certificate shall result in penalty of Rs.100/- for each day of default.
|HAVE YOU….||THEN YOU MUST…|
|deducted Income Tax but not yet deposited it ?||deposit the tax immediately|
|not registered on TRACES?||register on http://www.tdscpc.gov.in|
|received SMS/email from CPC(TDS) about PAN/challan errors?||respond with in 7 days to avoid short payment default|
|entered correct PAN of your deductee?||use PAN-TAN master facility on TRACES portal to verify correctness|
|Facilitated proper credit of tax to deductee?||enter your TAN, deductee’s PAN and CIN of payment challan correctly in the TDS statements, so that TDS Certificate in Form 16/16A can be generated from TRACES (Non Quoiting of correct details may lead to levy of penalty)|
|no transaction liable to TDS/TCS during this period?||intimated the same at TRACES portal,using ‘Declaration for Non-filling’ to avoid notice|
Every Taxpayer is a Nation Builder