It acts as a summary of TDS return filing or TCS returns that are containing the totals of amount that’s paid and the income tax that’s deducted at source. TDS Credit certificate The deductor of TDS issues a Form to the deductee which is called a TDS certificate. It shows the ...
Complete TDS / TCS related latest resources and information. It covers Forms - 24Q, 26Q, 27Q, 27EQ, TDS & TCS certificates - Form 16, 16A, 27D
Cancellation of Regular TDS/TCS can be done only if the TAN of the deductor is being revised. When you cancel the regular statement with an incorrect TAN, it is necessary to file a new regular TDS/TCS statement with the correct TAN. Recommended: Due Dates for E-Filing of TDS and TCS ...
We provide total Solutions under one roof concerning preparing of E-TDS Returns & Electronic Furnishing of TDS returns & relevant consultancy work to our clients Our TDS Consultants let you know step by step procedure for Filing Quarterly TDS Returns.
The TDS Return statement contains details such as the deductor’s & deductee’s PAN number, detailed particulars of the TDS contributed to the government’s revenue and the information of TDS Challan. Deadlines for TDS Returns Filings QuarterQuarter PeriodDue Date of Filing TDS Returns 1st Qu...
To fulfil TDS payment obligations effectively, it's important to adhere to these TDS return due date and ensure the timely filing of TDS returns. Penalty for Non-Compliance Below, we have outlines the penalties for TDS non-compliance,
31st January and In the case of March, it is 31st May. Penalty of Late filing TDS return: If you fail to file TDS return according to the due date, the AO may direct you to pay a penalty of Rs. 10,000/- which may extend to Rs.1,00,000/-. It is in addition to the pena...
Due dates for depositing Challan 281 The due dates for making TDS payments and filingTDS returnsare – Month in which income is generatedTDS payment dateDue date of filing TDS return April7thMay31stJuly May7thJune31stJuly June7thJuly31stJuly ...
However, the GST Council, at its 21st meeting in Hyderabad, decided to open registration of persons liable to deduct TDS and TCS under GST from 18th September. However, the date from which TDS and TCS under GST will be deducted or collected will be notified by the Council later, as per ...
Late filing fees and interest (if any) is paid to the credit of the The TDS/TCS return is filed before the expiry of a period of ONE year from the due date specified in this behalf. 8) Penalty for Delay in Issue Of TDS Certificate U/S 272A The Certificate u/s 203 shall be furni...