Certificate under section 203 of the Income-tax Act, 1961 for Tax deducted at source on Salary , TDS/TCS Book Adjustment Statement, certificate under section 206C of the Income-tax Act, 1961 for Tax collected at source have been notified . These forms needed to be notified as the relevan Income Tax Rule 30,31,3A and 31AA were substituted . Read about the new rule here.
Download the new Forms from below
- TDS certificate for Salary Form 16
- TDS certifcate for other cases Form 16A
- TDS/TCS Book Adjustment Statement Form 24G
- Tax Collection Certifcate u/s 206C Form 27D
About taxworry
A private limited indian company is in the process of voluntary liquidation, with share holding of 99.99% by a German Company. No assets or liabilities, with Bank balance of Rs.10 crores. Liquidation process is likely to be delayed on a/c of pending I tax assessments, but no liabilities. menwhile, at the request of Company RBI has permitted to repatriate 50% of the amount held, on compliance of I tax provisions.
My question is – whether Company in liquidation has to pay Dividend Distribution tax or has to pay LT Capital Gains Tax or is it 100% exempt OR Company has to make any TDS ?
KIndly advise
i want to know that from the financial year 2010-11 it is mandatory to all for filling of e-tds online ?