You are here: Home » Archives for New TDS Updates

Posts tagged as:

New TDS Updates

Effective Dates of Unioun Budget 2009 Provisions

July 14, 2009

Effective dates of various provisions. Of BUDGET -09-10 .
After the union Budget 2009-10. Most of the visitors ask about effective dates of the amendments provisions. So here are the list effective dates of some of the provisions of union budget 2009……..more to be added soon……………….so keep in touch……………..and subscribe your email id………..for latest unpdates…..
INCOME TAX [...]

Read the full article →

Changes of TDS in Union Budget 2009 | TDS Amendments applicable for A.Y.2010-11

July 9, 2009

TDS Rates Applicable for AY 2010-11 (FY 2009-10). Major Changes of TDS Tax Deducted at Source on Rental Payment u/s 194 I, on contract payment u/s 194 C, Payment to transports. Surcharge and cess is abolished. Other various amendmendts has been done. Please see details given below for amenmendts related to TDS / Tax [...]

Read the full article →

Form 17, UTN, Form 24C applicability hold on till Next Press Release

June 30, 2009

Today(1st July, 2009) is the starting date for depositing TDS of previous month i.e. june 2009 and as well as first date of “Last month for filing income tax returns”. I have written various post about form 17 that was coming from 1st July 2009, but now Income tax deparmant again wake up and has [...]

Read the full article →

Press Release | New TDS/TCS Rules Applicable w.e.f. 1-7-2009 Instead of 1-4-2009

May 11, 2009

Finally Board has given press release for clarification regarding new TDS and TCS rules. Board may issue it earlier but…….. one min…… this clarification only for applicability of new TDS and TCS rules not for procedures…… as you……..!all know there are so many issues about the procedure of new TDS and TCS rules. Hope board [...]

Read the full article →

Implementation of Form 17 | New TDS Challan from July 1, 2009

May 6, 2009

Form 17 – New TDS Challan -CBDT all set to extend date for implementation of new form from July 1, 2009 – TDS to be deposited in the old form no.281 till then.
Notification being issued soon.
Source: taxindiaonline.com
Update: Press Release by CBDT

Read the full article →

Detail Procedure about New Provision of TDS & TCS

May 2, 2009

Mandatory efiling of TDS for every deductor and Collector
Every deductor or collector will have to deposit tax only through internet banking facility in form No. 17 (Newly Introduced Form instead of Challan No. 281) with effect from 1-4-2009.(notfication No.31/2009). The deducted or Collector will upload this form and after uploading Form No. 17 a [...]

Read the full article →

epayment of TDS Portal is not Available Yet

May 1, 2009

Updates on 7th May 2009 : Implementation of Form 17 | New TDS Challan from July 1, 2009
Updates on 11th May 2009 : Press Release From CBDT
AS per the CBDT Notification No.31/2009 introducing the new challan From 17 with effect from 1st April, 2009 , all persons required to deduct tax at source (TDS) or [...]

Read the full article →

Applicability and Confusion about Form No.17 (TDS/TCS Challan)

April 2, 2009

Dear Friends After posting new changed forms w.e.f. 01/04/2009 vide Notification No. S.O.858 (E) dated 25th March 2009 [NOTIFICATION NO. 31/2009 - Income-tax (8th Amendment) Rules, 2009 ]. , i have received so many queries regarding applicability of form No.17 (TDS/TCS Challan Payment).So TIN- NSDL network clarify it very clearly by giving its own [...]

Read the full article →

New TDS | TCS Challan No. 17 | Form NO.16 | Form No. 16A | Form No.27D w.e.f.1-4-09

April 1, 2009

There has been major amendments regarding TDS/TCS Forms, Returns and procedures w.e.f. 01-04-2009 after issued the Notification No. S.O.858 (E) dated 25th March 2009 [NOTIFICATION NO. 31/2009 - Income-tax (8th Amendment) Rules, 2009 ]. . So we have prepared some forms in excel format as per new format available in this notification.
Download Forms which [...]

Read the full article →

Notification TDS | TCS Amendment | Notification S.O.858 (E) dated 25th March 2009

March 31, 2009

Download Notification No. S.O.858 (E) dated 25th March 2009 [NOTIFICATION NO. 31/2009 - Income-tax (8th Amendment) Rules, 2009 ].
You can also see notification without downloading click on read more link.
Latest Form 16 and form 16A, other amended forms are coming soon (now available)on this website. so keep in touch and subscribe your email when [...]

Read the full article →

Major Amendment in TDS and TCS forms, Returns, Procedures w.e.f. 1.4.09

March 31, 2009

This is to inform that major amendments have been made in the system of payment, deposit, filing and issuing TDS/TCS certificates w.e.f. 1st April 2009 vide Notification No. S.O.858 (E) dated 25th March 2009 [NOTIFICATION NO. 31/2009 - Income-tax (8th Amendment) Rules, 2009 ]. These include:

TDS/TCS shall be deposited mandatorily by electronic mode only.
Quarterly [...]

Read the full article →