Threshold limit of mandatory deductee PAN quoting in all TDS/TCS returns filed from April 1, 2008 has been enhanced. (Form 24Q from 90% to 95%; Form 26Q & 27EQ from 70% to 85%)
RPU 1.5 Released
Bank Branches – OLTAS
Quoting of deductee PANs in e-TDS/TCS statements mandatory from October 1, 2007. New File Validation Utility (FVU) version 2.110 incorporating these additional features released
Status of Tax Refunds
Launch of e-TBAF
Online PAN verification launched

Inconsistency in TDS/TCS Return
SMS facility for PAN/TAN application status
View Tax Credit (Form 26AS)
Quarterly Statement Status

e-TDS expanded

1. The deductor is an office of Government: or
2. The deductor is a company; or
3. The deductor is a person required to get his accounts audited under section 44AB in the immediately preceding financial year; or
4. The number of deductees’ records in a quarterly statement for any quarter of the immediately preceding financial year is equal to or more than fifty,

For More Imformation vistit
http://tin-nsdl.com/Income-taxNinthAmendmentRules2007.htm

PAN PLAYS IMPORTANT ROLE IN E-TDS FILING

e-TDS: With the ITD has mandated that one cannot file the return if the number of valid PAN records is less than 90% (for form 24Q) and less than 70% (for form 26Q) it is getting quite impossible to file the returns.

e-TDS means electronic TAX Deducted at source.



You can prepare your TDS Return in electronic format very easily.



If you have any clarification regarding e-TDS, kindly mailto anasdanie@gmail.com



Apart from e-TDS, we will help you for PAN and TAN also.



Thanking You