Tuesday 3 February 2015

CBDT Lays Down Procedure For Launching Prosecution For TDS/ TCS Default


The CBDT has issued a document titled “Standard Operating Procedure For Prosecution In Cases Of TDS/ TCS Default“. The SOP sets out in a systematic manner the procedure for identification of cases of TDS/ TCS default, the procedure for launching prosecution and the time frame for completing the entire process. The role of the different TDS authorities in addressing the issue of prosecution and compounding of TDS cases is also set out in detail.

No comments:

Salaried Person's Tax Deductions: A Complete Guide

  Introduction It's important for taxpayers to have a clear understanding of the available allowances and deductions, as they can grea...