Guidelines for Deduction/ Deposit of ‘GST TDS’ by DDO: CBIC Circular
CBIC has issued a Circular on Guidelines for Deductions and Deposits of GST TDS by the DDO (i.e. under Section 51 of the CGST Act, 2017), from the payment made …
Tag: TDS
Finally ‘GST TDS/ TCS’ Applicable from 1 Oct. 2018 under CGST Sections 51/ 52: CBIC
After deferment on various occasions, finally the CBIC has notified that the provisions relating to 'GST TDS/ TCS' under Sections 51/ 52 of the CGST Act, 2017 respectively, shall …
CBDT’s Revised Electronic process for Lower/ Nil Rate TDS/ TCS certificate u/s 197/ 206C: Draft Notification
The CBDT has issued a Draft Notification (dt. 17 aug. 2018) on proposed Revised/ Electronic process for issue of Certificate under Section 197/ 206C for Lower/ Nil Rate of deduction/ …
GST TDS/ TCS Provisions Implementation Deferred upto 30 Sept. 2018: CBIC
CBIC has issued a Press Release stating that implementation of provisions relating to TDS/ TCS under CGST Act, 2017 (i.e. deduction of tax at source u/s 51 and collection …
TDS on PF Withdrawals u/s 192 of Income Tax along with EPFO Instructions
TDS on PF withdrawals u/s 192 of Income Tax has been introduced to discourage pre-mature withdrawal, promote long term savings and to ensure taxability of such withdrawals in certain …
CBDT Extends TDS/ TCS Deposit Due Date (Oct. 2017) from 7 Nov. to 8 Nov. 2017
The CBDT has extended due date for depositing TDS/ TCS for the month of Oct. 2017 from 7 Nov. to 8 Nov. 2017, in view of certain technical issues …
CBDT Circular on Salary TDS for FY 2017-18 (AY 2018-19) u/s 192 of Income Tax
Income Tax Deptt./ CBDT has issued Circular No. 29/2017 dt. 5 Dec. 2017 containing instructions on the provisions/ TDS rates applicable i respect of salary payment u/s 192 during …
CBDT Instructions for Processing of ITRs (Form 2-3-4-5-6) having TDS Mismatch Errors
CBDT has issued guidelines/ instructions for Income Tax Deptt to process Income-tax Returns, filed in Form ITR-2, ITR-3, ITR-4, ITR-5 and ITR-6, having TDS Mismatch Errors, under the provisions …
CBDT Procedure for submission of Form 67 (FTC) and Filing of ITR
CBDT Prescribes Procedure for submission of Form 67 under IT Rule 116 relating to deduction for Foreign Tax Credit (FTC) while filing Statement/ Return of Income (ITR) by a Resident …
TDS on Interest on Capital Gains Scheme Deposits (Death of Depositor): CBDT Clarification
The CBDT has clarified that tax (TDS) on Interest Accrued on Deposits made under Capital Gains Account Scheme 1988 after the death of the Depositor is required to be …