Recurring Deposits is now attract TDS In Union Budget 2015 Finance Minister proposes to bring RD (Recurring Deposits) under the provisions of TDS. After applicability if interest earned on recurring deposits exceeds Rs. 10,000 during the year, TDS at the rate of 10 per cent would be deducted by the bank.
Tag Archives: Tds Deduction
Key features of NSDL Form 24G RPU / File Utility Version 1.4 w.e.f 26.12.2014 Form 24G Return Preparation Utility (RPU) and File Validation Utility Version 1.4 for the Form 24G Statements from FY 2005-06 onwards released (26/12/2014).Key features of NSDL Return Preparation Utility (RPU) version 1.4
Significant Changes in processing of Quarterly TDS Statements It is glad to update you with a significant changes in processing of Quarterly TDS Statements by Centralized Processing Cell (TDS) for providing its better services.These changes was done to avoid defaults that may be arise due to inadvertent data entry errors.on the basis of feedbacks received […]
Implement Passbook scheme for TDS, Timley Income Tax Refund The insistence on manual filing of TDS certificates before AO for verification of Income Tax Refund claim should be done away with.The tax deductor’s duties and obligations in terms of making information compliance and also depositing the deducted amount is onerous and they are not compensated […]
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