Income Tax : Know about TAN under Section 203A of the Income Tax Act—its purpose, applicability, application process, forms, penalties, and k...
Company Law : Learn the process for issuers to register on the NSDL portal for corporate actions post dematerialization. Includes steps and requ...
SEBI : Discover NSDL's revolutionary vision through its Draft Red Herring Prospectus for the upcoming IPO. Explore the digital era of sec...
Income Tax : Whether Hitches In E-Payments of Taxes Will Be Resolved In NSDL Website/New I-T Portal While we make payment of Direct Taxes via t...
Income Tax : We are always worried about the fact that whether our TDS deductor/collector has filed quarterly TDS/TCS statement and provided ou...
Income Tax : Latest updates in RPU Version 4.7 for Regular & Correction quarterly e-TDS/TCS statements starting FY 2023-24. Discover key featur...
Income Tax : Latest updates in File Validation Utility (FVU) versions 2.178 and 8.2 for e-TDS/TCS statements. Learn about new columns, features...
Income Tax : A. e-TDS/TCS Return Preparation Utility Ver. 4.2 for Regular & Correction Statement(s) from FY 2007-08 onwards Key Features ...
Income Tax : NSDL releases e-TDS/TCS Return Preparation Utility (RPU) version 3.7 for Regular & Correction quarterly e-TDS/TCS statements f...
Income Tax : A. e-TDS/TCS RPU version 3.5 for Statement(s) from FY 2007-08 onwards is released (01/01/2021). Key Features – Return Prepar...
Income Tax : Machine Tools India Ltd. Vs ACIT (ITAT Kolkata) CBDT has issued instruction from time to time to the AO’s qua the manner of proc...
Goods and Services Tax : The assessee was printing PAN cards for the Income Tax Department, Government of India. Service tax was paid on such activity. Sal...
Corporate Law : EPFO streamlined the process for transferring pension contributions and nominee payments. The instructions aim to avoid procedural...
Corporate Law : Common Application Form (CAF) will be available for the FPI applicants on the website(s) of the Depositories viz. NSDL (www.nsdl.c...
Corporate Law : Depositories (Procedure for Holding Inquiry and Imposing Penalties) (Amendment) Rules, 2021 shall come into force on the date of t...
SEBI : All issuers / RTAs are hereby informed that as a part of our continuous endeavor to service the Issuers/RTAs, NSDL has enhanced it...
Income Tax : All the due dates, prescibed or notified under the Income Tax Act which fall during the period from March 20, 2020 to June 29, 202...
National Securities Depository Limited (NSDL) processes PAN and TAN applications on behalf of Income Tax Department. With a view to keep the applicant updated about the status of his application, NSDL has launched a Short Message Service (SMS) based facility. The applicant can send an SMS to 53030 with a message containing the word PAN followed by a space and the 15-digit acknowledgement number provided at the time of submission of application i.e., PAN ACKNOWLEDGEMENT NUMBER (e.g., PAN 123456789012345 – this is an illustrative acknowledgement number. Actual acknowledgement number should be provided in the SMS).
NSDL is pleased to announce that henceforth, NSDL will send SMS for each quarterly TDS/TCS statement processed at TIN. You just need to quote correct latest mobile number in the quarterly TDS/TCS statement. Status as below is provided in the SMS: Accepted: This status is provided if the statement is accepted by TIN. Rejected: This status is provided if the statement is rejected by TIN. Partially accepted: This status is provided if the statement is partially accepted by TIN.
How will the PAN-wise ledger account be created by NSDL in respect of payment of TDS made by deductors in banks? The PAN-wise ledger account will be created after matching the information in the TDS/TCS statements filed by the deductor/collector and the details of tax deposited in banks coming through On Line Tax Account System (OLTAS).
Statistics are displayed only for the software vendor where number of correction statements uploaded is more than 100. Software vendor wise percentages are computed on the total statements prepared using that software. Statistics of TANs registered at TIN website to download consolidated file, Form 16A, etc. are indicated in column % TAN registered at TIN. Correction statements with provisional receipt date greater than the date of request for TDS/TCS consolidated file from TIN, which are rejected at TIN central system are considered. The name of software vendor is in alphabetical order.
Sebi is set to reopen its probe into multi-crore IPO scam of 2003-2006, after more than a year of declaring as ‘null and void’ the charges made by its own committee against depository NSDL and others in the matter. Sebi will discuss afresh in its next board meeting on June 30 a two-member committee’s investigation report on the scam, except the part where the market regulator itself was accused of failing in its regulatory role, sources told PTI.
NSDL on its website on 21/06/2011 posted a message by which it asked to Quote updated e-mail ID and contact details including mobile no. in our Quarterly TDS/TCS statement so that it can send updates on developments/ changes at TIN on our email address and via sms on our mobile phone.
A. Procedure for preparation of return -Deductors’ Manual for quarterly returns -Dos and Don’ts for Deductors/Collectors B. Forms Form 24Q Form 26Q Form 27Q Form 27EQ Form 27A or statement pertaining to FY 2010-11 and onwards File Format for Form 24Q (1st, 2nd & 3rd Quarters) File Format for Form 24Q (4th Quarter) File Format for Form 26Q Q1 to Q4 File Format for Form 27Q Q1 to Q4 File Format for Form 27EQ Q1 to Q 4
The Income-Tax Department has started scrutinising over 6.5 lakh demat accounts, which were frozen following 2006 IPO scam, to see if blackmoney was used to purchase equities by persons through multiple accounts. Investigation and intelligence wings have started looking into the frozen accounts with substantial amounts lying in them to see if they are linked, a revenue official said.
CBDT has recently vide Circular No. 3/2011 [F.No. 275/34/2011-IT(B)] (Circular) dated 13 May 2011 permitted issue of certificate for tax deducted at source (TDS certificate) with digital signature for TDS from income other than salary income (non-salary TDS) in Form 16A. The extant rules provide an option to persons withholding tax (deductors) to issue TDS certificate with digital signature only for TDS from salary income (in Form 16). Non-salary TDS certificates in Form 16A are required to be issued in hard copy format with authentication by manual signature. The Circular now extends the option of digital signature to Form 16A also. The deductors exercising this option need to download Form 16A from the Tax Information Network (TIN) website.
e-TDS/TCS RPU (version 2.4) for statements from FY 2005-06 onwards- A. Procedure for preparation of return , Deductors’ Manual for quarterly returns, Dos and Don’ts for Deductors/Collectors, B. Forms, Form 24Q, Form 26Q, Form 27Q, Form 27EQ, Form 27A
