FVU 5.6 released for quarterly e-TDS/TCS Returns

FVU 5.6 released for quarterly e-TDS/TCS Returns FVU for Quarterly Returns e-TDS /TCS returns prepared for FY 2007-08 and onwards (i.e. Forms 24Q, 26Q, 27Q and 27EQ) can be validated using

CBDT amends Rules for refund of TDS

CBDT amends Rules for refund of TDS  CBDT vide notification no. 45/2017 amends  Rule 31A(3A) and Form 26B  which relates to claim of refund for excess TDS deposited by deductor.

DUE DATE for issuing Form 16 extended

  DUE DATE for issuing Form 16 extended  As per Income tax rules,  Form 16(salary certificate) for salary deductors is required to be issued on a fixed date i.e. 31st May;

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

It is proposed to release new version of NSDL e-Gov TDS/TCS – Return Preparation Utility (RPU) and File Validation Utility (FVU) tentatively on 23rd June, 2015. Details of which are given below:-

CPC (TDS) follow up: Online Correction facility not availed after sending “Intermediate Communication for Short Payments” in course of processing of Original Quarterly TDS Statements

Dear Deductor,(TAN XXXXXXXXXX) As per the records of CPC (TDS), an Intermediate communication was sent to you intimating Short Payment errors in the Original TDS Statements filed by you during January 1

CPC (TDS) communication: Intimation regarding Outstanding TDS demand on account of Short Payments from FY 2007- 08 onwards – Reg.

To M/s. __________________ TAN:__________________ Address:_______________ _______________________ _______________________ CPC (TDS) communication: Intimation regarding Outstanding TDS demand on account of Short Payments from  FY 2007-08 onwards- Reg.Please refer the subject mentioned above. As per

CPC (TDS) Advisory to Deductors for Closure of Late Payment Interest defaults in Quarterly TDS Statements

To, The Principal Officer Name – XXXXXXXXXXX      Closure of Late Payment Interest defaults in Quarterly TDS Statements Please refer the subject mentioned above As per the records of Centralized Processing Cell

Circular 715 Section 194C-Dated 08-08-1995

Circular 715 Section 194C-Dated 08-08-1995 *Readers are requested to ignore the limit and percentage of deduction as this circular is dated 08-08-1995……However this circular will clear many of your doubts.