Income Tax : Encountering FVU errors (T_FV_6351 and T_FV_6354) while filing Form 24Q for Q4 of FY 23-24? Learn the reasons and resolutions to e...
Income Tax : Learn about TDS return filing: who must file, due dates, forms, required documents, penalties, how to check status, revising retur...
Income Tax : Discover the new, hassle-free method to download CSI files for TDS returns without logging in....
Income Tax : Learn the updated process of filing Form 26QB for TDS on the purchase of immovable property under section 194-IA from April 1, 202...
Finance : Navigate TDS rates and compliances for FY 2023-24 onwards. Learn about TDS payment due dates, late fees, interest, penalty, prosec...
Income Tax : Release of File Validation Utilities (FVUs) and Return Preparation Utility for e-TDS/TCS Statements File Validation Utility (FVU)...
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 : Needless to say, in the regime of stringent statutory provisions, it is important to have a reliable software that not only helps ...
Income Tax : Preparing TDS Returns is a simple process and usually does not require any external assistance. However, it is prudent to follow p...
Income Tax : Read the detailed analysis of Birla Cement Works STFF Provident Fund's appeal against the late fee imposed under section 234E of t...
Income Tax : Explore the Kerala High Court's ruling deleting section 234E penalty for TDS return delay caused by filing in Form 24Q instead of ...
Income Tax : ITAT Ahmedabad has allowed the appeal of Kanta Govind Singh against the levy of a late filing fee under section 234E for a TDS ret...
Income Tax : ITAT Pune held that late fees u/s 234E of the Income Tax Act can be levied only prospectively with effect from 01.06.2015....
Income Tax : This writ petition has been filed, challenging the levy of fees under Section 234E of the Income Tax Act, for the financial year 2...
Income Tax : Get details on Circular No. 04/2024 by CBTD. Ex-post facto extension for Form No. 26QE due date till 30.05.2023. Waiver of fees an...
Income Tax : Central Board of Direct Taxes extends deadline for submitting Q1 TDS/TCS statements for the financial year 2023-24 until September...
Income Tax : CBDT extends due date for filing of TDS statement in Form 26Q for the second quarter of Financial Year 2022-23 This is to inform...
Income Tax : The due date of furnishing of Return of Income for the Assessment Year 2021-22, which is 31st July 2021 under sub-section (1) of s...
Income Tax : CBDT revises Form No. 12BA (Statement showing particulars of perquisites, other fringe benefits or amenities and profits in lieu o...
Held that late fee u/s 234E for delayed filing of return of TDS not leviable while processing a return of TDS for the assessment years prior to 1.6.2015.
There are many paid software’s are available for TDS Return preparing. However NDSL has provided their own Software which is very simple & easy to use. We can use the same for TDS Return Filing. If Assessee has done online registration on Income tax site then entire process become online. Advantage is that we can […]
DSC Registration for TDS Return Filing & TDS Return filing through New Income Tax Portal Dear Friends, I have Tried to Explain the Detailed Procedure of TDS Return Filing though Income Tax New Portal [ www.incometax.gov.in ] launched recently in June 2021. Step by Step procedure explained for DSC Registration and Uploading TDS Return. Form […]
Needless to say, in the regime of stringent statutory provisions, it is important to have a reliable software that not only helps in preparing TDS Returns but also takes care of the associated compliances.
Preparing TDS Returns is a simple process and usually does not require any external assistance. However, it is prudent to follow practices that ensure that the filed TDS Returns are error-free. This means that correct credit will be received by the employees and vendors. Moreover, it will help avoid receiving unwanted Default Notices from the IT Department.
1. File Validation Utility (FVU) version 7.1 for quarterly e-TDS/TCS statement pertaining to FY 2010-11 onwards Key Features 1) Addition of new field under Annexure II of Form 24Q-Q4:- New field “Whether opting for taxation u/s 115BAC [Yes/No]” is added under Annexure II (Salary details) for Form 24Q-Q4. If value present under this field is […]
The Central Board of Direct Taxes after considering the severe continuing COVID-19 pandemic situation in the country, vide Circular No. 9 of 2021, dated 20 May 2021, has extended the deadlines of certain compliances for the Assessment Year 2021-22
In the wake of the pandemic Covid-19 and in the interest of taxpayers, the Central Board of Direct Taxes (CBDT) extended time limits for various compliances as under: 1. Statement of Financial Transactions (SFT) & Statement of Reportable Account (SRA):Due Date of SFT and SRA for the FY 2020-2021 has been extended from 31st May 2021 […]
सरकार द्वारा कोरोना महामारी को देखते हुए आयकर से सम्बंधित विभिन्न तिथियों को बढ़ा दिया है जिससे करदाताओ को राहत मिलेगी आयकर से सम्बंधित बढाई गई मुख्य तिथिया निम्न है 1. वित्तीय लेनदेन से सम्बंधित स्टेटमेंट जिसे (एस.एफ.टी) भी कहा जाता है वित्तीय वर्ष 2020-2021 जिसे 31 मई 2021 तक भरना था वह अब 30 […]
The due date of furnishing of Return of Income for the Assessment Year 2021-22, which is 31st July 2021 under sub-section (1) of section 139 of the Act, is extended to 30th September 2021; 10) The due date of furnishing of Report of Audit under any provision of the Act for the Previous Year 2020-21, which is 30th September 2021, is extended to 31st October 2021;
