SMS Based Service For Challan Status

Written on September 3, 2010 – 5:26 pm | by admin |

National Securities Depository Limited (NSDL) provides CIN (Challan Identification Number) based view of direct tax challans to taxpayers to know the status of challan on its web-site. In addition to the above facility, NSDL has launched a Short Message Service (SMS) based facility to know the status of its challans. The procedure for availing this [...]

Income-tax ( First Amendment) Rules, 2010 (TDS/TCS Rules)

Written on February 25, 2010 – 3:47 pm | by admin |

Notification has been issued by Ministry of Finance, CBDT, amending the rules regarding Time and mode of payment to Government account of tax deducted/collected at source or tax paid under Section 192/206C, Certificates of tax deducted/collected at source or tax paid, Quarterly statement of deduction/collection of tax.
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If a return doesnt contain deductee PAN

Written on December 4, 2009 – 12:03 pm | by admin |

In case PANs of some of the deductees are not mentioned in the e-TDS return, the Provisional Receipt will mention the count of missing PANs in the e-TDS return. The details of missing PANs (extent it can be collected from the deductees) may be furnished within seven days of the date of Provisional Receipt to [...]

UTN not mandatory for filing IT returns

Written on September 12, 2009 – 5:12 pm | by admin |

The Central Board of Direct Taxes have further decided that the Notification No. 31 of 2009 dated 25.3.2009 amending or substituting Rules 30, 31, 31A and 31AA of the Income Tax Rules, 1962 shall be kept in abeyance for the time being.
Taxpayers filing their income tax returns for assessment year (AY) 2009-10, or any other [...]

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

Written on September 4, 2009 – 2:42 pm | by admin |

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)]

Key changes in the data structure of both regular and correction [...]