NEWS|TDS Chart|INCOME TAX TDS RATE CHART|NEWS ON TDS|SLAB|CASANSAAR|IN|P1
Middle Image
   Login  |  Register  |  Forgot Password 
Below Login Ad

News - (Get Professional Updates on Whatsapp, Msg on 8285393786) Category : TDS

Clarification on doubts arising on account of new TCS provisions
Posted Date : 01-Oct-2020 , 10:47:36 am | Posted By CASANSAAR

There are reports in certain sections of media wherein certain doubts have been raised regarding the applicability of the provisions relating to Tax Collection at Source (TCS) on certain goods introduced vide Finance Act, 2020. This press note is being issued to clarify those doubts about the applic...

Continue Reading...

Category : TDS | Comments : 0 | Hits : 1238

82 per cent taxpayers harassed for TDS mismatch - CAG
Posted Date : 29-Sep-2020 , 09:54:16 am | Posted By CASANSAAR

More than 82 per cent of individual taxpayers faced TDS mismatch problems during the last three years resulting in disallowance of refund and the creation of avoidable harassment of taxpayers, the latest CAG report on the Department of Revenue has pointed out. The apex audit body in its report ta...

Continue Reading...

Category : TDS | Comments : 0 | Hits : 301

Amendments in TDS Provisions by Finance Act 2020 | Changes in TDS Provisions
Posted Date : 21-Apr-2020 , 11:09:58 am | Posted By CASANSAAR

Amendments in TDS Provisions by Finance Act 2020 discussed by CA.Saloni Varshney. Watch the Video,,,, https://youtu.be/LUcxlQUSc4I ...

Continue Reading...

Category : TDS | Comments : 0 | Hits : 547

TDS Circular on Employee's Salary | Old or New Tax Regime under Income Tax Act
Posted Date : 17-Apr-2020 , 09:20:28 am | Posted By CASANSAAR

TDS Circular on Employee's Salary | Old or New Tax Regime under Income Tax Act, 1961 Declaration to be taken from employees by employer  discussed by CA.Shivangi Mittal. https://youtu.be/hCKd-GNSaXo ...

Continue Reading...

Category : TDS | Comments : 0 | Hits : 306

Govt directs taxmen to dispose off applications related to TDS, TCS for FY20 by April 27
Posted Date : 05-Apr-2020 , 09:52:46 am | Posted By CASANSAAR

The government directed tax officials to dispose off applications filed by taxpayers or buyers or licence holders for lower or nil deduction of tax deducted at source (TDS) / tax collected at source (TCS) for FY20, by April 27, 2020. “Due to outbreak of the Covid-19 pandemic, there is sever...

Continue Reading...

Category : TDS | Comments : 0 | Hits : 1134

Procedure to revise TDS Return
Posted Date : 03-Jan-2020 , 08:44:22 am | Posted By CASANSAAR

Procedure to revise TDS Return Step by Step Procedure to revise TDS Return explained by CA. Shivangi Mittal. Watch this video to know more https://youtu.be/91UI5hWiFKg ...

Continue Reading...

Category : TDS | Comments : 0 | Hits : 1559

CBI court convicts CA and five others for TDS fraud
Posted Date : 26-Dec-2019 , 08:47:53 am | Posted By CASANSAAR

A special Central Bureau of Investigation (CBI) court recently convicted a chartered accountant, his assistant and four others in a TDS (tax deducted at source) fraud committed 20 years ago. The court, however, acquitted an officer of the tax department. According to CBI, key accused XXXXXXXXXXX ...

Continue Reading...

Category : TDS | Comments : 0 | Hits : 1225

Farm bodies exempted from 2% TDS on payments above Rs.1 Cr
Posted Date : 17-Sep-2019 , 09:06:00 am | Posted By CASANSAAR

To give relief to the rural economy, the government has exempted agriculture produce marketing committees (APMCs) from the purview of the 2% tax deducted at source (TDS) on payments above Rs.1 crore, an anti-abuse provision in the Income Tax Act introduced this year. Finance minister Nirmala Sith...

Continue Reading...

Category : TDS | Comments : 0 | Hits : 1212

Govt to levy 2% TDS on cash withdrawal over Rs 1 cr from multiple accounts
Posted Date : 20-Jul-2019 , 08:34:01 am | Posted By CASANSAAR

The government will charge a two per cent tax if aggregate cash withdrawal from one or more accounts exceeds Rs 1 crore, according to an amendment made to a Budget proposal and announced Thursday. Finance Minister Nirmala Sitharaman, in her Budget on July 5, had proposed 2 per cent tax deduction ...

Continue Reading...

Category : TDS | Comments : 0 | Hits : 520

Resident, NRI taxpayers allowed manual filing for nil TDS certificate
Posted Date : 26-Dec-2018 , 12:07:17 pm | Posted By CASANSAAR

The income tax department on Monday allowed manual filing of form by resident and NRI taxpayers wanting to apply for deduction of taxes at a lower or nil rate on total income. The Income Tax Act, 1961, provides that if a taxpayer considers that her total income warrants deduction of income tax at...

Continue Reading...

Category : TDS | Comments : 0 | Hits : 656

Courts order jail time for directors for tax defaults, delay in TDS deposits
Posted Date : 08-Oct-2018 , 09:30:19 am | Posted By CASANSAAR

In recent cases of the law catching up with companies involved in tax defaults and delay in depositing the tax deducted at source (TDS) of employees with the government, directors of two companies - a construction firm and a hospitality entity - face six months' and one year's jail respectiv...

Continue Reading...

Category : TDS | Comments : 0 | Hits : 1493

TDS/TCS provisions under GST to come into effect from Oct 1
Posted Date : 13-Sep-2018 , 11:10:58 pm | Posted By CASANSAAR

The government has notified October 1 as the date for implementing the tax deducted at source (TDS) and tax collected at source provisions under GST law. As per the Central GST (CGST) Act, the notified entities are required to collect TDS at 1 per cent on payments to goods or services suppliers...

Continue Reading...

Category : TDS | Comments : 0 | Hits : 2876

Company director sent to 6 months jail for TDS default
Posted Date : 30-Aug-2018 , 12:35:14 pm | Posted By CASANSAAR

A court here has sentenced the director of a real estate firm to six months of rigorous imprisonment (RI) for allegedly failing to deposit over Rs 50 lakh TDS in time to the Income Tax Department. A senior official of the department said the director of the firm, engaged in building construction ...

Continue Reading...

Category : TDS | Comments : 0 | Hits : 1445

Income Tax department unearths TDS scam worth Rs 3200 crore
Posted Date : 05-Mar-2018 , 10:36:08 am | Posted By CASANSAAR

The income tax department has revealed that 447 companies duped the government of Rs 3,200 crore as they didn’t deposit the sum with the government which they had deducted from their employees as TDS. A report said that the money was diverted to meet their other business obligations. The TDS w...

Continue Reading...

Category : TDS | Comments : 0 | Hits : 1937

Salaried tax payers to get SMS alerts on TDS deductions
Posted Date : 24-Oct-2016 , 10:55:31 pm | Posted By CASANSAAR

As many as 2.5 crore salaried tax payers will now receive SMS alerts from the Income Tax department regarding their quarterly TDS deductions. Finance Minister Arun Jaitley on Monday launched the SMS alert service for Tax Deducted at Source (TDS) for salaried class and the CBDT will soon offer this f...

Continue Reading...

Category : TDS | Comments : 0 | Hits : 453

Income Tax department to take steps to boost TDS collections
Posted Date : 23-Jun-2016 , 08:18:39 am | Posted By CASANSAAR

Buoyed by a steady growth in collections from tax deducted at source (TDS), the Income Tax department now plans to undertake multiple steps to "augment" revenue from this category and minimise tax avoidance.  The department plans to undertake meetings with various stakeholders like...

Continue Reading...

Category : TDS | Comments : 0 | Hits : 725

No TDS for provident fund withdrawals of up to Rs 50,000 from june 1
Posted Date : 31-May-2016 , 08:09:47 am | Posted By CASANSAAR

No tax would be deducted at source for provident fund (PF) withdrawals of up to Rs 50,000 from June 1. The government has notified raising the threshold limit of PF withdrawal for deduction of tax (TDS) from existing Rs 30,000 to Rs 50,000, a senior official told PTI. "The Finance Act, 20...

Continue Reading...

Category : TDS | Comments : 0 | Hits : 750

Media Cos' advertisement payment not liable for TDS - CBDT
Posted Date : 09-Mar-2016 , 08:39:49 am | Posted By CASANSAAR

With a view to bring about clarity in the interpretation of certain contentious issues relating to Tax Deduction at Source (TDS) on payments made by television channels, broadcasters and newspapers, Central Board of Direct Taxes has issued two Circulars.   Circular No.4/2016 dated 29.02.2016 ...

Continue Reading...

Category : TDS | Comments : 0 | Hits : 997

New facility of pre-filling TDS data while submitting online rectification
Posted Date : 11-Dec-2015 , 08:12:59 am | Posted By CASANSAAR

Central Board of Direct Taxes (CBDT) has simplified the process of online rectification of incorrect TDS details filed in the Income Tax Return. Taxpayers were required to fill-in complete details of the entire TDS schedule while applying for rectification on the e-filing portal of the Income-tax...

Continue Reading...

Category : TDS | Comments : 0 | Hits : 1079

Uniform Allowances - Employer company liable for TDS, if No dress code
Posted Date : 04-Jul-2015 , 09:38:58 am | Posted By CASANSAAR

As India Inc slowly inches towards a relaxed dress code, a 'tax free' uniform allowance paid to employees will be relegated to history.  Employees who are prescribed a uniform, say nurses in hospitals, or front-desk staff in hotels, can claim the uniform allowance paid to them as par...

Continue Reading...

Category : TDS | Comments : 0 | Hits : 26008

No TDS certificate unless short payment defaults are paid
Posted Date : 26-Apr-2015 , 08:55:20 am | Posted By CASANSAAR

The Tax Deducted at Source (TDS) reconciliation analysis and correction enabling system (TRACES) portal of the Income Tax (I-T) department is preventing deductors to obtain TDS certificate unless past demands are paid and online correction submitted. This is turning out to be a nightmare for those, ...

Continue Reading...

Category : TDS | Comments : 0 | Hits : 1167

TDS - No ​TDS on Recurring Deposits
Posted Date : 24-Apr-2015 , 10:12:57 pm | Posted By CASANSAAR

TDS on Recurring Deposits    The Government proposes to promote the recurring deposits scheme. It takes various measures on continuous basis to promote and popularize all small savings scheme including Post Office Recurring Deposit Scheme through electronic and print media as well as h...

Continue Reading...

Category : TDS | Comments : 0 | Hits : 1144

Tax shortfall: Finmin asks banks to deposit March TDS by month
Posted Date : 29-Mar-2015 , 06:46:56 pm | Posted By CASANSAAR

Worried over the shortfall in the overall direct tax collection kitty, the government has asked banks, both public and private, to not delay remitting of TDS funds of the current month into state coffers and do the same within the current financial year ending in March. The Income ...

Continue Reading...

Category : TDS | Comments : 0 | Hits : 424

Jet Airways faces IT dept scrutiny over TDS defaults
Posted Date : 13-Mar-2015 , 07:42:56 am | Posted By CASANSAAR

Income Tax authorities have slapped a prosecution notice on the Naresh Goyal-promoted Jet Airways for alleged default in payments of tax deduction at source (TDS), official sources said on Thursday. The notice was served to the Mumbai-headquartered airline after tax personnel said ...

Continue Reading...

Category : TDS | Comments : 0 | Hits : 511

TDS by co-operative banks will HASSLE small depositors
Posted Date : 12-Mar-2015 , 08:39:34 am | Posted By CASANSAAR

Co-operative banks will be required to deduct TDS if the interest they pay to a depositor, who is also a member (shareholder) of these banks, exceeds ₹10,000 in a financial year. In this regard, the Finance Bill 2015-16 has proposed an amendment to Section 194A of the Income Tax Act (rela...

Continue Reading...

Category : TDS | Comments : 0 | Hits : 538

Pay TDS by March 31, Income Tax department requests companies
Posted Date : 11-Mar-2015 , 08:26:56 am | Posted By CASANSAAR

The tax office is exploring all avenues to mop up revenue collection before March 31. In an unusual development, hundreds of companies have received letters from the income-tax department, "requesting" them to deposit the amount from tax deductions before the financial year closes — ...

Continue Reading...

Category : TDS | Comments : 0 | Hits : 1261

News By Categories

More Categories

Search News

 
 
 

News On Tds Including Income Tax Tds Rate Chart,Tds Slab Only On Casansaar.Top Ca Networking Firms In India,Chartered Accountant News Under One Roof.

www.casansaar.com
...keeps you updated

Home

  |  News

  |  Articles

  |  Discussion

  |  CA Firms

 |  Members

 |  CA Community

 |  Jobs

 |  Empanelment

 |  Files

 |  Matrimonial

 |  Students zone

 |  Queries

 |  Classified Ads

 |  Events

 |  About us

 |   Top Members

 |  Coaching Centres

  | Testimonials

 | Judiciary

 | Videos

 | Notifications/Circulars

 | Book

 | eDirectory

 | Interview

 | Website

 | Emails

 | Software

 |  Score Board

 |   Press Release  

 |   Blood Bank  

  |   Opinion Poll  

  |   Feedback
 |   Advertise us

 |   Terms & Conditions

 |   Contact us
 |   Blog

  |   Sitemap

  |   Income Tax

  |   Auditing

  |   Bank

  |   Bank branch audit

  |   Banking

  |   Black Money

  |   CA

  |   CA Announcement

  |   TDS

  |   Students Zone

  |   Custom

  |   VAT

  |   Service Tax

  |   Corporate Law

  |   General

  |   Excise

  |   SEBI

  |   Finance

  |   GST

  |   ICAI

  |   FEMA

  |   ICWAI

  |   ICSI

  |   DGFT

  |   RBI

  |   IFRS

  |   CAG

  |   Budget

  |   Merger & Acquisitions

  |   International Business

  |   Shares & Stock

  |   Excel Tips

  |   International Taxation

  |   ITR

  |   Chartered Accountant

  |   Tax Audit

  |   Companies Act

  |   Money Laundering

  |   MCA

  |   Income Tax Refund

  |   NPA

  |   Income tax software

  |   CST

  |   CA Exams

  |   CA Results

  |   CBDT

  |   Accounting Standards

  |   DIN

  |   Judical Announcement

  |   MDP

  |   PAN

  |   Whats App

  |   Secretarial Standards

  |   NGO

  |   CA Convocation

  |   Finance Bill

  |   ICAI Notification

  |   CARO

  |   COMPANIES SECRETARY

  |   Accounts

Follow Us : Twitter Icon Facebook Icon Orkut Icon Linkedin Icon Linkedin Icon

CASANSAAR Updates

Developed By: CASANSAAR Copyright © casansaar

Top Accounting Firms,CA COMMUNITY,CA SANSAAR,Chartered Accountant,Ca Networking Firms,Partner Portal,Ca Assignments,CA,Online Communities For Chartered Accountant,Circle For Ca,CS,CMA and FINANCE,Articles By CA / CS / CMA,accounting news articles,Ca Firms In Delhi,CA ANNOUNCEMENT

accounting jobs,article trainees,best website creator,empanelment,income tax slab, ITR, TDS Chart,budget of india 2014-15,gst,auditing,Income tax,students zone,cpt,community matrimony for ca,Classified Ads,Community Matrimony For Ca,Students Zone,Coaching Classes,Company Secretary,Cost Accountant,Judiciary.