Income Tax : Learn about corrections with revised TDS returns. Understand errors, correction types, and filing processes to ensure accurate TDS...
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...
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...
To immediately redress the grievances of tax payers who have claimed refunds, but because of the default on the part of tax Deductors, tax demands have been created, CBDT advises all the CCITs (CCA) to ensure the following- TDS Returns with very high number of mismatches have been identified by the Systems. Top 15,020 deductors account for a mismatch of Rs 11652 cr (86% of total mismatch amount).RCC – wise details with regard to the same may be downloaded by the CITs (TDS) from ITAXNET & thereafter these TDS Returns may be got corrected;
In case of salaries and other payments, the tax deducted by the employer/deductor is required to be deposited with the tax authorities on or before seven days from the end of the month in which the tax has been deducted. A relaxation has been provid
Notification No. 41/2010-Income Tax Time and mode of payment to Government account of tax deducted at source or tax paid under sub-section (1A) of section 192. Mode of payment . Certificate of tax deducted at source to be furnished under section 203.Statement of deduction of tax under sub-section (3) of section 200.Statement of collection of tax under proviso to sub-section (3) of section 206C.
The Central Board of Excise and Customs has already amended its Service Tax Act to enable TRPs to prepare and furnish service tax returns on behalf of the tax payers. The training programme for TRPs will be started by the Central Board of Direct Taxes, CBDT said in a release. While the first batch of income tax and TDS training module for the TRPs will be conducted from March 4 to 9 and the second batch from March 13 to 18, training for TRPs on Service Tax will be completed by April 10, it said. After the training completed by April 10, TRPs can prepare and file Service Tax returns due on April 25 this year, it added.
