tin nsdl

Register TAN to view Online e-TDS / TCS statement submitted with status

Income Tax - A facility to register TAN online is available on the TIN website (www.tin-nsdl. com). The Income Tax Department requires all deductors to register their TANs online. Authenticated access (through user ID and password) will be provided to registered deductors. Registration is free. An acknowledgment number will be displayed on successful ...

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Procedure for Online Registration of TAN

Income Tax - The income tax department has asked all deductors to register their TAN on NSDL web site. Once registered, the deductors will be provided User ID and password for authenticated access. Benefit of registration- The access will result in the following benefits to the deductors. View of status of all statements filed;...

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Acceptance of PAN applications – Initials in Middle Name

Income Tax - Attention of all TIN-Facilitation Centers (TIN-FCs) is hereby invited to the procedure prescribed for accepting PAN applications. As you are aware, PAN applicants (individuals) are required to provide names (first name, middle name & last name) in expanded form in PAN applications submitted. Also, the supporting documents submitted as pro...

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How to find name of person through his PAN

Income Tax - Some times we found difficulties while registering with e-filling website. When we enter the Permanent Account Number (PAN) for registration purpose and other details, it shows error in name , that it’s not matching with the data registered with IT department. What to do? How to know the name of the person, which matches exactly with In...

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TAN – Facts We should Know

Income Tax - TAN or Tax Deduction and Collection account number is a unique ten digit alpha-numeric number required to be compulsorily obtained by all persons who are responsible for deducting or collecting tax at source on behalf of Income Tax Department. Section 203A of the Income tax Act, 1961 makes it mandatory to quote TAN in all […]...

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New e-TDS/TCS RPU Version 3.4 & FUV version 6.9 & version 2.165

Income Tax - Key Features of e-TDS/TCS Return Preparation Utility Ver. 3.4 for Regular & Correction Statement(s) from FY 2007-08 onwards 1. Section codes 194LBA(a) and 194LBA(b) for Form 26Q:- Existing section code 194LBA has been sub-divided into below mentioned two sections: 194LBA (a) – Certain income in the form of interest from units of...

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New e-TDS/TCS Return Preparation Utility & FUV wef 27.12.2019

Income Tax - This article explains about e-TDS/TCS Return Preparation Utility Ver. 3.0 for Regular & Correction quarterly e-TDS/TCS statements from FY 2007-08, File Validation Utility (FVU) version 6.5 for quarterly e-TDS/TCS statement pertaining to FY 2010-11 onwards and File Validation Utility (FVU) version 2.161 for quarterly e-TDS/TCS statemen...

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Download NSDL e-TDS / TCS RPU / FUV applicable from 16.10.2019

Income Tax - A. Key Features and download links of e-TDS/TCS Return Preparation Utility (RPU) version 2.9 for Regular & Correction quarterly e-TDS/TCS statements from FY 2007-08 ♣ Addition of new columns under Annexure II for Form 24Q-Q4 with respect to Chapter VI-A deductions Newly added fields along with changes in existing fields are highligh...

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Individuals can Now apply for PAN online with digital signature

Income Tax - With effect from September 6, 2015, facility for digital signature certificate (DSC) based PAN application has been enabled in New PAN Form 49A for Individuals. Guideline for DSC based Online Application for New PAN Card in Form 49AA (a) An applicant will fill Form 49AA online and submit the form. Non-citizens of India should only [&helli...

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Revised PAN & TAN application fees wef 16.06.2018

Income Tax - Refer to Circular No.: NSDL/TIN/2018/012 dated Jun 13, 2018, related to Revised PAN application fees . Income Tax Department (ITD) has decided to revise the PAN application fee to be collected from applicants. The PAN applicants shall now have the option to get a physical PAN card or an e-PAN card while submission of PAN applica...

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Extension of Quarterly TDS/TCS statement filing dates

Circular No. NSDL/TIN/2020/006 - (20/04/2020) - All the due dates, prescibed or notified under the Income Tax Act which fall during the period from March 20, 2020 to June 29, 2020 have been extended to June 30, 2020....

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File Validation Utility version 4.1 and 2.13 7 for e-TDS/TCS Statements wef 04.01.2014

Circular No: NSDL/TIN/2014/001 - (01/01/2014) - Circular No: NSDL/TIN/2014/001 The features of FVU version 4.1 and 2.13 7 are as below: 1. Deletion of deductee record: Feature to delete the deductee record has been discontinued. In case the user wishes to nullify a deductee record/transaction, he is required to update the amount and related fiel...

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TDS Return – Challan Deposit date can pertain to immediate previous Financial Year

Circular No: NSDL/TIN/2013/020 - (24/09/2013) - Release of File Validation Utility (FVU) version 4.0 and 2.136 for e-TDS/TCS Statements. 1. FVU version 4.0 - For Statements pertaining to FY 2010-11 onwards. 2. FVU version 2.136 - For Statements pertaining to FY 2007-08 to FY 2009-10....

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Acceptance of PAN applications – certificates from Oath commissioner / Notary Public

Circular No. TFCID/TIN/2010/331 - (15/03/2010) - Attention of all TIN-Facilitation Centers (TIN-FCs) is hereby invited to the procedure prescribed for accepting PAN applications. As you are aware, the documents to be accepted as Proof of Identity (POI) and Proof of Address (POA) have been prescribed in the Rule 114(4) of Income Tax Rules, 1962....

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TDS at a higher rate on all transactions not having pan to come into effect from 1st April 2010

Press Release No. 402/92/2006-MC (04 of 2010) - (20/01/2010) - Press Release No. 402/92/2006-MC (04 of 2010) A new provision relating to tax deduction at source (TDS) under the Income Tax Act 1961 will become applicable with effect from 1st April 2010. Tax at higher of the prescribed rate or 20% will be deducted on all transactions liable to TDS, where the Per...

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Recent Posts in "tin nsdl"

New e-TDS/TCS RPU Version 3.4 & FUV version 6.9 & version 2.165

Key Features of e-TDS/TCS Return Preparation Utility Ver. 3.4 for Regular & Correction Statement(s) from FY 2007-08 onwards 1. Section codes 194LBA(a) and 194LBA(b) for Form 26Q:- Existing section code 194LBA has been sub-divided into below mentioned two sections: 194LBA (a) – Certain income in the form of interest from units of...

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Posted Under: Income Tax |

Register TAN to view Online e-TDS / TCS statement submitted with status

A facility to register TAN online is available on the TIN website (www.tin-nsdl. com). The Income Tax Department requires all deductors to register their TANs online. Authenticated access (through user ID and password) will be provided to registered deductors. Registration is free. An acknowledgment number will be displayed on successful ...

Read More
Posted Under: Income Tax |

Extension of Quarterly TDS/TCS statement filing dates

Circular No. NSDL/TIN/2020/006 (20/04/2020)

All the due dates, prescibed or notified under the Income Tax Act which fall during the period from March 20, 2020 to June 29, 2020 have been extended to June 30, 2020....

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Procedure for Online Registration of TAN

The income tax department has asked all deductors to register their TAN on NSDL web site. Once registered, the deductors will be provided User ID and password for authenticated access. Benefit of registration- The access will result in the following benefits to the deductors. View of status of all statements filed;...

Read More
Posted Under: Income Tax | ,

Acceptance of PAN applications – Initials in Middle Name

Attention of all TIN-Facilitation Centers (TIN-FCs) is hereby invited to the procedure prescribed for accepting PAN applications. As you are aware, PAN applicants (individuals) are required to provide names (first name, middle name & last name) in expanded form in PAN applications submitted. Also, the supporting documents submitted as pro...

Read More
Posted Under: Income Tax |

How to find name of person through his PAN

Some times we found difficulties while registering with e-filling website. When we enter the Permanent Account Number (PAN) for registration purpose and other details, it shows error in name , that it’s not matching with the data registered with IT department. What to do? How to know the name of the person, which matches exactly with In...

Read More
Posted Under: Income Tax | ,

New e-TDS/TCS Return Preparation Utility & FUV wef 27.12.2019

This article explains about e-TDS/TCS Return Preparation Utility Ver. 3.0 for Regular & Correction quarterly e-TDS/TCS statements from FY 2007-08, File Validation Utility (FVU) version 6.5 for quarterly e-TDS/TCS statement pertaining to FY 2010-11 onwards and File Validation Utility (FVU) version 2.161 for quarterly e-TDS/TCS statemen...

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Posted Under: Income Tax |

Download NSDL e-TDS / TCS RPU / FUV applicable from 16.10.2019

A. Key Features and download links of e-TDS/TCS Return Preparation Utility (RPU) version 2.9 for Regular & Correction quarterly e-TDS/TCS statements from FY 2007-08 ♣ Addition of new columns under Annexure II for Form 24Q-Q4 with respect to Chapter VI-A deductions Newly added fields along with changes in existing fields are highligh...

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Posted Under: Income Tax |

Individuals can Now apply for PAN online with digital signature

With effect from September 6, 2015, facility for digital signature certificate (DSC) based PAN application has been enabled in New PAN Form 49A for Individuals. Guideline for DSC based Online Application for New PAN Card in Form 49AA (a) An applicant will fill Form 49AA online and submit the form. Non-citizens of India should only [&helli...

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Posted Under: Income Tax |

Revised PAN & TAN application fees wef 16.06.2018

Refer to Circular No.: NSDL/TIN/2018/012 dated Jun 13, 2018, related to Revised PAN application fees . Income Tax Department (ITD) has decided to revise the PAN application fee to be collected from applicants. The PAN applicants shall now have the option to get a physical PAN card or an e-PAN card while submission of PAN applica...

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Posted Under: Income Tax |

New TDS/TCS RPU 1.6, FVU 5.1 & FUV 2.147 wef 28.06.2016

Due date for filing Quarterly TDS/TCS statement for Q1 (April to June) of FY 2016-17 is July 31, 2016 for all the categories of Deductors/Collectors. Do submit quarterly TDS/TCS statement on or before due date to avoid late filing fee under section 234E of Income Tax Act. In order to locate the nearest TIN Facilitation […]...

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Posted Under: Income Tax | ,

Online upload of of TDS/TCS/AIR Return at NSDL-TIN website to discontinue from 01.05.2016

Online Upload of e-TDS/TCS statement(s) and AIR functionality will be discontinued from May 1, 2016 at NSDL e-Gov end. The users who are desirous to file e-TDS/TCS statements/AIR are hereby requested to visit our TIN-FC agents. To know the nearest TIN-FC, please visit at the TIN website at https://www.tin-nsdl.com/tin-facilities.php For o...

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Posted Under: Income Tax | ,

e-TDS/TCS File validation utility version 2.146 & 5.0 wef 13.04.2016

Key Features of e-TDS/TCS File validation utility (FVU) version 5.0 for FY 2010-11 onwards 1. Remark ‘B’ is made applicable for Section code 192A (Payment of accumulated balance due to an employee) for Form 26Q. 2. New Section code 194IA (Payment on transfer of certain immovable property other than agricultural land) has been added u...

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Posted Under: Income Tax |

NSDL releases e-TDS/TCS RPU version 1.5 from FY 2007-08

e-TDS/TCS RPU version 1.5 for Statement(s) from FY 2007-08 onwards is released (13/04/2016). Key Features – Return Preparation Utility (RPU) version 1.5 Remark ‘B’ is made applicable for Section code 192A (Payment of accumulated balance due to an employee) for Form 26Q. New Section code 194IA (Payment on transfer of certain immovabl...

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Posted Under: Income Tax |

TAN – Facts We should Know

TAN or Tax Deduction and Collection account number is a unique ten digit alpha-numeric number required to be compulsorily obtained by all persons who are responsible for deducting or collecting tax at source on behalf of Income Tax Department. Section 203A of the Income tax Act, 1961 makes it mandatory to quote TAN in all […]...

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Posted Under: Income Tax |

TDS/ TCS FVU version 2.144 for FY 2007-08 to FY 2009-10 released

Key Features – File Validation Utility (FVU) version 2.144 Discontinuation of C9 Correction Statements: As directed by Income Tax Department (ITD), C9 correction i.e. addition of new Challans in Correction Statement(s) has been discontinued. This version of FVU will be applicable with effect from September 29, 2015. Download Link- https...

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Posted Under: Income Tax |

e-TDS/TCS RPU Java Version 1.3 for TDS/TCS Statement(s) from FY 2007-08 onwards released

Kindly use NSDL e-Gov Return Preparation Utility (RPU) version 1.3 (JAVA based) for preparation of your e-TDS/TCS Statement(s). VB based NSDL e-Gov Return Preparation Utility (RPU) has been discontinued from TIN website with effect from September 28th, 2015....

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Posted Under: Income Tax |

FVU version 4.8 for e-TDS/TCS statement of FY 2010-11 onwards

Key Features – File Validation Utility (FVU) version 4.8 ♣ Section code 192A: In addition to Form no. 26Q, this section will also be applicable for Form no. 27Q where the date of payment to deductee is on or after 01/06/2015. ♣ Discontinuation of C9 Correction Statements: As directed by Income Tax Department (ITD), C9 […]...

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Posted Under: Income Tax |

TDS Return for Quarter ending on 30th June 2015

All Deductors/Collectors are required to file quarterly TDS/TCS statements on or before the due dates prescribed by Income Tax Department (ITD) for the respective Forms (i.e. Form 24Q, 26Q, 27Q or 27EQ). Due date for filing of quarterly Regular TDS/TCS Statement(s) for the 1st quarter of Financial Year 2015-16 is as mentioned below....

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Posted Under: Income Tax | ,

New e-TDS/TCS Return Preparation Utility Ver. 1.2 released

e-TDS/TCS Return Preparation Utility Ver. 1.2 based on JAVA platform for Regular & Correction Statement(s) from FY 2007-08 onwards released (24/06/2015) Key Features – Return Preparation Utility (RPU) version 1.2 ♠ Preparation of Regular and Correction TDS/TCS Statement(s) for Form 24Q, 26Q, 27Q & 27EQ pertaining to Financial ...

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Posted Under: Income Tax |

NSDL New Utility – More complex

NSDL has issued new file validation utility (FVU) version 4.6 for filling and correction of TDS quarterly return from FY 2010-11 and onwards. It has some additional controls put in which check various calculations and tried to get maximum information with less error. However due to more control authority has not kept in mind few concepts ...

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Posted Under: Income Tax |

NSDL releases FVU version 4.6 for quarterly e-TDS/TCS from FY 2010-11 & onwards

NSDL has released on 20.04.2015 e-TDS/TCS File Validation Utility (FVU) version 4.6 for quarterly e-TDS/TCS statements from FY 2010-11 and onwards. Key Features – File Validation Utility (FVU) version 4.6 Quoting of PAN of responsible person for deducting/ collecting tax. Quoting of AIN mandatory only if the TDS/TCS has been deposited b...

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Posted Under: Income Tax |

NSDL releases e-TDS/TCS RPU (Version 4.3) with enhanced features

e-TDS/TCS RPU (Version 4.3) for Statements from FY 2007-08 onwards released (20/04/2015) Key Features – Return Preparation Utility (RPU) version 4.3 Quoting of PAN of responsible person for deducting/ collecting tax. Quoting of AIN mandatory only if the TDS/TCS has been deposited by book entry i.e., through transfer voucher. Quoting of...

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Posted Under: Income Tax |

e-TDS/TCS File Validation Utility (FVU) version 2.142 wef 21.04.2015

File validation utility (FVU) version 2.142 from FY 2007-08 to FY 2009-10 and 4.6 from FY 2010-11 and onwards released (20/04/2015) Key Features –File Validation Utility (FVU) version 2.142 Quoting of PAN of responsible person for deducting/ collecting tax. This version of FVU will be applicable with effect from April 21, 2015 Download ...

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Posted Under: Income Tax |

TDS- New RPU & FUV Version 1.5 for Form 24G Statements from FY 2005-06 onwards

Form 24G Return Preparation Utility (RPU) and File Validation Utility (FVU) Version 1.5 for the Form 24G Statements from FY 2005-06 onwards released...

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Posted Under: Income Tax |

Key features of NSDL Form 24G RPU / FUV version 1.4 wef 26.12.2014

Form 24G Return Preparation Utility (RPU) and File Validation Utility (FVU) Version 1.4 for the Form 24G Statements from FY 2005-06 onwards released (26/12/2014) Key features of NSDL Return Preparation Utility (RPU) version 1.4 ·     Quoting of structurally valid TAN of DDO: Quoting of structurally invalid TAN of DDO has been discont...

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Posted Under: Income Tax |

NSDL releases FVU version 4.5 & 2.141for quarterly e-TDS/TCS statement wef 20.12.2014

e-TDS/TCS FVU version 4.5 for quarterly e-TDS/TCS statement pertaining to FY 2010-11 onwards and e-TDS/TCS FVU version 2.141 from FY 2007-08 to FY 2009-10 released and made available on NSDL website wef 20.12.2014....

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Posted Under: Income Tax |

e-TDS/TCS RPU (Version 4.2) for Statements from FY 2007-08 onwards released

e-TDS/TCS RPU (Version 4.2) for Statements from FY 2007-08 onwards released and made available on NSDL website wef 20.12.2014 Key features of RPU version 4.2 1.  Allow update in field in Form no. 27Q “Whether TDS rate of TDS is IT act (a) and DTAA (b)” where the tax has been deducted at higher rate....

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Posted Under: Income Tax |

Proposed Changes in e-TDS/TCS RPU & FVU validations

It is proposed to release new version of NSDL Return Preparation Utility (RPU) and File Validation Utility (FVU) incorporating the below features: Features of NSDL RPU Allow update in field in Form no. 27Q ‘Whether TDS rate of TDS is IT act (a) and DTAA (b)’ where the tax has been deducted at higher rate. […]...

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Posted Under: Income Tax | ,

e-TDS/TCS – FVU version 2.140 from FY 2007-08 to FY 2009-10 wef 23.09.2014

Key feature of FVU version 2.140 ♣ Amount paid/ credited (in deductee details): Value in field “Amount paid/ Credited” to the deductee in case of Form no. 24Q should be less than or equal to 999999999.00. This validation is applicable to regular and correction (C3 & C9) statements pertaining to all FYs. ♣  Total Taxable [&hel...

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Posted Under: Income Tax |

e-TDS/TCS RPU (Version 4.1) for statements from FY 2007-08 onwards wef 23.09.2014

Key features of RPU 4.1 ♣  Lower/ Non-deduction Certificate number issued by Assessing Officer (in deductee details): Length of field “Certificate number issued by the Assessing Officer u/s 197 for non-deduction/lower deduction” under deductee details (i.e. in Annexure 1) has been restricted to 10 digits. Certificate number to be q...

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Posted Under: Income Tax |

e-TDS/TCS – FVU version 4.4 from FY 2010-11 & onwards wef 23.09.2014

Key feature of FVU version 4.4 ♣  Lower/ Non-deduction Certificate number issued by Assessing Officer (in deductee details): Length of field ‘Certificate number issued by the Assessing Officer u/s 197 for non-deduction/lower deduction’ under deductee details (i.e. in Annexure I) has been restricted to 10 digits. Certificate...

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Posted Under: Income Tax |

NSDL releases new Form 24G Return Preparation Utility and FVU Version 1.3

Form 24G Return Preparation Utility (RPU) and File Validation Utility (FVU) Version 1.3 for the Form 24G Statements from FY 2005-06 onwards released (27/06/2014) Link to Download New RPU and FUV https://www.tin-nsdl.com/etds-etcs/eTDS-download-regular.php...

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Posted Under: Income Tax |

NSDL releases FUV 4.30, FUV 2.139 & RPU 4.0 for TDS/TCS returns wef 28.06.2014

Tin-NSDL has released FUV 4.30, FUV 2.139 and RPU 4.0 which are effective from 28th June 2014 in respect of TDS /TCS statement filed or to be filed on or after 28th June 2014.  The only change in revised RPU and FUV is Addition of New State code for TELANGANA....

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Posted Under: Income Tax |

Is shifting of Burden to Tax Payers & Facilitators/ Professionals by CBDT Justified?

THE BONDED LABOUR SYSTEM (ABOLITION) ACT, 1976 (ACT NO. 19 OF 1976) was introduced in India to abolish Bonded Labour way back in 1976. Does this really helped to abolish Bonded Labour? Can we say definitely that Now NO BONDED LABOUR existed in India? What will be the fate of legislation when even the government […]...

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Posted Under: Income Tax |

PAN Card Notification ignores Practical issues in Implementation

CA Sandeep Kanoi CBDT has changed the procedure for issue of PAN Card w.e.f. 03.02.2014 and has made it mandatory to submit self- attested copies of proof of identity, address and date of birth documents and also to produce original documents for verification vide its Notification No.  F.No: oPAN/1/3/2003/Part Dated: 24.1.2014 and vide P...

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Posted Under: Income Tax | ,

Submit Form 27A generated by FVU withTDS/TCS statement wef 01.02.2014

With effect from February 1, 2014, it is mandatory to submit Form 27A generated by TDS/TCS FVU (File Validation Utility) duly signed, along the TDS/TCS statement/(s). Any other Form 27A submitted will be treated as invalid submission and the same will be rejected by TIN-FC branches. (27/01/2014)...

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Posted Under: Income Tax |

Increase in responsibility of TIN FCs issuing PAN without Increase in Remuneration

Another responsibility on TIN_FCs. Poor TIN_FCs are required to fulfill all obligations without expecting adequate considerations/remunerations in return.  At the top of above they are exposed to all kind of  penalties by NSDL for not meeting their standards. What a pity for them....

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Posted Under: Income Tax |

Online acceptances of TDS statements and Problems faced by TIN-FC

TDS related management has already got messed-up and going forward to a point where it is going to have a count of the breathtaking of the deductors so that they may be penalized for violation of medically recommended count of 60 breaths per minute. ...

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Posted Under: Income Tax |

NSDL SAM Application Gets Online – Generation of Form 27A

With the release of new version of FVU NSDL has made a new begining by accepting e-TDS/TCS returns online from to-day.  New version of FVU now auto generates Form 27A in PDF. TIN_FCs would now be hard pressed to meet chalanges on Peak Days as the fate of server of NSDL would decide how fast one […]...

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Posted Under: Income Tax |

File Validation Utility version 4.1 and 2.13 7 for e-TDS/TCS Statements wef 04.01.2014

Circular No: NSDL/TIN/2014/001 (01/01/2014)

Circular No: NSDL/TIN/2014/001 The features of FVU version 4.1 and 2.13 7 are as below: 1. Deletion of deductee record: Feature to delete the deductee record has been discontinued. In case the user wishes to nullify a deductee record/transaction, he is required to update the amount and related fields to “0” (zero) and add new record ...

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Revised form 15CA applicable from 01.10.2013 available on e-Filing portal

CA Sandeep Kanoi We have Published a post yesterday titled ‘Revised Form 15CA as applicable from 01.10.2013 not yet available online’ on  09.09.2013. In this post we have mentioned that CBDT has not yet provided the format of revised form 15CA on the NSDL website which remitter use to file form 15CA....

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Posted Under: Income Tax |

Revised Form 15CA as applicable from 01.10.2013 not yet available online

CBDT has vide Notification No. 67 of 2013, dated 2 September 2013 revised Rule 37BB of the Income tax Rules, 1962 related to information which are required to be furnished by a person while making payment to a non- resident. ...

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Posted Under: Income Tax |

TDS Return – Challan Deposit date can pertain to immediate previous Financial Year

Circular No: NSDL/TIN/2013/020 (24/09/2013)

Release of File Validation Utility (FVU) version 4.0 and 2.136 for e-TDS/TCS Statements. 1. FVU version 4.0 - For Statements pertaining to FY 2010-11 onwards. 2. FVU version 2.136 - For Statements pertaining to FY 2007-08 to FY 2009-10....

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NSDL RPU for preparing quarterly e-TDS/TCS statements (regular and correction) upto FY 2009-10 released

Deductors' Manual for quarterly returns Dos and Don’ts for Deductors/Collectors B. Forms Form 24Q Form 26Q Form 27Q Form 27EQ Form 27A C. Data Structure For statement pertaining to FY 2010-11 and onwards File Format for Form 24Q (1st, 2nd & 3r...

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Posted Under: Income Tax |

Acceptance of PAN applications – certificates from Oath commissioner / Notary Public

Circular No. TFCID/TIN/2010/331 (15/03/2010)

Attention of all TIN-Facilitation Centers (TIN-FCs) is hereby invited to the procedure prescribed for accepting PAN applications. As you are aware, the documents to be accepted as Proof of Identity (POI) and Proof of Address (POA) have been prescribed in the Rule 114(4) of Income Tax Rules, 1962....

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TDS at a higher rate on all transactions not having pan to come into effect from 1st April 2010

Press Release No. 402/92/2006-MC (04 of 2010) (20/01/2010)

Press Release No. 402/92/2006-MC (04 of 2010) A new provision relating to tax deduction at source (TDS) under the Income Tax Act 1961 will become applicable with effect from 1st April 2010. Tax at higher of the prescribed rate or 20% will be deducted on all transactions liable to TDS, where the Permanent Account Number (PAN) of the deduc...

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Modifications in the e-TDS/TCS data structure and new File Validation Utility applicable from October 1, 2009

The data structure of quarterly e-TDS / TCS statements has been modified by the Income Tax Department to incorporate certain additional fields and validations to further improve the data quality. New data structure (File format changes highlighted) version 4.0 [for quarterly e-TDS / TCS statement (Regular and correction)]...

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Posted Under: Income Tax |

View You Tax Credit (Advance Tax Paid and TDS deducted) online

TAKING the taxpayers’ services to a higher level, the Income Tax Department has begun to provide credit statements which are available for viewing by taxpayers. A taxpayer can register for such a facility and can get information about the credits online for different AYs. To see this, a onetime registration is required. Detailed pro...

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Posted Under: Income Tax |

Revised Procedure for Remittances to non-residents u/s. 195 of the Income Tax Act w.e.f. 1st July, 2009

Circular No. 04/2009 (29/06/2009)

Section 195 of the Income-tax Act, 1961 mandates deduction of income tax from payments made or credit given to non-residents at the rates in force. The Reserve Bank of India has also mandated that except in the case of certain personal remittances which have been specifically exempted, no remittance shall be made to a non-resid...

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Posted Under: Income Tax |

SMS Based Service for PAN and TAN Application Status

The applicant can send an SMS to 53030 with a message containing the word PAN followed by a space and the 15-digit acknowledgment number provided at the time of submission of application i.e., PAN ACKNOWLEDGMENT NUMBER (e.g., PAN 123456789012345 – this is an illustrative acknowledgment number. Actual acknowledgment number should be prov...

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Posted Under: Income Tax | ,

Track your tax refund status online now

To check the status of their Income Tax refund, taxpayers can log in at https://tin.tin.nsdl.com/oltas/ refundstatuslogin.html . If there is a problem, they can contact the assessing officer or the refund banker, the State Bank of India. In case of any grievance, taxpayers can also contact the additional commissioner in charge of the ran...

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