New Changes in TDS Certificate – announced by IT Dept.

Written on August 25, 2010 – 2:54 pm | by admin |

In the recent announcement as published in the NSDL-TIN web portal, from the FY 2010-11, instead of printing the Provisional Receipt No. (as provided in the Acknowledgement received on of submission of the TDS return), the Receipt No. is to be printed.
Receipt number to be quoted in Form 16/16A will be generated by TIN. The Receipt number [...]

TDS / TCS Rates – FY:2010-11

Written on July 25, 2010 – 6:09 pm | by admin |

View the complete document of TDS / TCS rates for Financial Year 2010-11 from the following link:
TDS-TCS-rates-FY-2010-11

Taxpayers can now view details of paid refund in their Annual Tax Statement (Form 26AS)

Written on December 15, 2009 – 1:30 pm | by admin |

Taxpayers who have registered to view Form 26AS online can view details of paid refund in their Form 26AS from F.Y. 2009-10 (A.Y. 2010-11) onwards. Refunds received during the selected A.Y. will be displayed in Form 26AS. For instance, refunds pertaining to A.Y. 2005-06 which are received in F.Y. 2009-10 (A.Y. 2010-11) will be displayed [...]

ONLINE REGISTRATION OF TAN BY TDS/TCS DEDUCTORS

Written on November 27, 2009 – 11:58 am | by admin |

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;
•    Download of consolidated quarterly e-TDS / TCS [...]

New Clause added

Written on November 18, 2009 – 11:58 am | by admin |

W.e.f. November 1, 2009 If office address is selected as communication address by Individual and HUF applicants applying for New PAN (Form 49A), then Proof of Address for office address is also required.