There may be case of errors while depositing income tax . The errors can be on many forms like- error in writing PAN or assessment year or total amount or major head or minor head or nature of payment. taxworry.com had earlier published an article on this Six Types of errors in tax payments challans...
7 Steps to Easy TDS Correction Return Filing !
May 20, 2012 by
As 26AS statement has become very important document for all taxpayers, the responsibility for submitting correct TDS statement on Deductor/collector has also increased. In case of deficiencies in the accepted regular TDS/TCS statement such as incorrect challan details or PAN not provided or provided incorrectly, the tax credit will not reflect in the Form 26AS...
West Bengal Sales Tax at Source Online Compliance Simplified !
May 5, 2012 by Leave a Comment
Sales tax at source from works contract amount is implemented by West Bengal sales tax department . As per West Bengal commercial tax rule , persons who is responsible for paying any sum to any dealer for execution of a works contract within West Bengal on behalf of any of the following entities are responsible [...]
Online TDS Payment Easy Way !
April 14, 2012 by
Online TDS payment is now mandatory for all corporate assesses and also for assesses (other than company) to whom provisions of section 44AB of the Income Tax Act, 1961 are applicable. Thus , while a class of tax payer can not shay away from online TDS payments, even for others , online payment of TDS...
Six Types of Errors in Tax Challan Can Be Corrected By Banks From 01/09/2011
August 27, 2011 by
While depositing tax errors are common. The errors in tax payment challan also happens when banks post it. So , to mitigate the hardship of tax payers, a new Challan Correction Mechanism for physical challans has been put in place. Under this mechanism, for income tax payments made on or after 1.9.2011, the following fields...
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