Posts Tagged ‘TCS’

JS@eTDS Software (F.Y. 2010-11) – Discount Coupon Offer

September 22nd, 2010

As a special promotion, we are offering a discount coupon of Rs. 250/- on purchase of JS@eTDS Software (F.Y. 2010-11) from 22nd September, 2010 to 30th October, 2010. This discount coupon can be redeemed on purchase of JS@eTDS software for the financial year 2011-2012.

Order your copy of JS@eTDS (F.Y. 2010-11)An easy software for generating eTDS / eTCS returns & printing TDS certificates.

New Changes in TDS Certificate – announced by IT Dept.

August 25th, 2010

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 will be generated for the quarterly TDS/TCS statements pertaining to FY 2010-11 and onwards uploaded to TIN. Receipt number generated will be of eight digits (alphabets) and will be applicable only for statements pertaining to FY 2010-11 and onwards. The Eight digit receipt number can be obtained by viewing the status of the quarterly TDS/TCS statement at under Quarterly Statement Status feature available at TIN website (www.tin-nsdl.com).

Receipt number provided by TIN is in addition to the provisional receipt number provided on acceptance/upload of quarterly TDS/TCS statement. Provisional receipt number will be referred as Token no for the statements pertaining to FY 2010-11 and onwards.

TDS / TCS Rates – FY:2010-11

July 25th, 2010

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

TDS-TCS-rates-FY-2010-11

Income Tax Department press release dated January 20, 2010 on TDS

February 26th, 2010

As per new provision of tax deduction at source (TDS) under the Income Tax Act 1961 effective from April 1, 2010, TDS at higher of the prescribed rate or 20% will be deducted on all transactions liable to TDS, where the Permanent Account Number (PAN) of the deductee is not available.

CLICK HERE TO KNOW MORE…

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

February 25th, 2010

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.

CLICK HERE TO KNOW MORE…