Tuesday, 10 January 2012

WARNING : DONT PROVIDE INCORRECT PAN IN E TDS RETURN

Please do not provide any incorrect or invalid PAN in the E TDS return filed by you, as department system calculate the same as no PAN provided and calculate the TDS @ 20% in place of correct TDS rate and then raised the demand on your company.

Further, in the website they had already provided default files where you will find that lots of  deficencies in the E TDS return filed by you.

No comments:

Gujarat HC upholds levy of GST on corporate guarantee while reads down mandatory 1% valuation where actual consideration is lower

  This Tax Alert summarizes a recent ruling of the Gujarat High Court (HC)1 on the taxability of corporate guarantee provided by the Petitio...