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Communications from CPC(TDS)
June, 09th 2014

 


Communications from CPC(TDS) 

As the members are aware, the Direct Taxes Committee of ICAI, has in all its endeavors, tried to strengthen the relationship between the taxpayers and the Department by submitting representations on various issues arising out of direct tax laws.

One of the important areas where issues are being faced by the assessees is TDS. The issues reported to ICAI are being regularly taken up with the appropriate authorities. During the course of one such meeting with CPC(TDS), it was informed to ICAI that majority of the issues can be resolved if the communications sent by CPC(TDS) at the registered id of the deductors receive their due attention. Since majority of the TDS returns are filed through our members, ICAI consented to bring the aforesaid communications to the notice of its members.

The said communications relate to issues like Release of new RPUs/FVUs, best practices to follow , reminder to file TDS returns and consequences of failure to do so and the other like issues. Even though, aforesaid communications have been hosted on the TRACES website at the link http://contents.tdscpc.gov.in/en/tdscpc-communication.html, a consolidated .pdf file of the same has been shared with ICAI for dissemination of knowledge among its members. 

The table below contains both the consolidated as well as specific/individual communications for the benefit of the members: 

S. No. Date Particulars
A   Consolidated file containing the below communications
B   For Individual/specific communications click on the links below:
    TDS Compliance – Statement Filing
1. 17.05.2014 CPC(TDS) Communication : Deductees reported in TDS Statements with structurally Valid, but actually Invalid PANs
2 17.05.2014 CPC(TDS) Communication : Flag raised for 15G/H despite Income exceeding the amount of exemption
3. 05.04.2014 CPC (TDS) communication to deductors submitting C9 Corrections repeatedly during FY 2013-14
4. 22.03.2014 CPC (TDS) reminder to Banks for raising Flag "B" in TDS Quarterly Statements for 15G/H Forms
5. 14.03.2014 CPC (TDS) reminder to Government Deductors for filing TDS Statements: Not filed for (During Q2, FY 2012-13 to Q3, FY 2013-14)-
6 Quarters/5 Quarters/4 Quarters/3 Quarters/2 Quarters/1 Quarter
6. 08.03.2014 CCPC (TDS) reminder communication: 
TDS Statements filed for Q2, FY 2012-13, not filed yet for Q2, FY 2013-14
TDS Statements filed for Q3, FY 2012-13, not filed yet for Q3, FY 2013-14
7. 21.02.2014 Important CPC (TDS) Communication for submitting Correction Statements
8. 17.01.2014 CPC (TDS) Reminder to quote correct BIN to file TDS Statements within Due Date
9. 31.12.2013 Non - Filing of TDS Statements for FY 2012-13
10.   CPC (TDS) reminder communication to file TDS Statements for 2013-14
Q2-communication dated 08.01.2014
Q3-communication dated 28.02.2014
    TDS Compliance – Downloading of TDS Certificates
1. 15.02.2014 Important CPC (TDS) Communication to Govt. Deductors for Downloading of TDS Certificates
2. 15.11.2013 Important CPC (TDS) Communication for Downloading of TDS Certificates
Reminder communication dated-08.1.2014
    Advisory Communications
1. 10.05.2014 CPC (TDS) Reminder: Best practices to be followed for filing Q4 TDS statements for Financial Year 2013-14
2. 25.04.2014 CPC (TDS) communication: Simple ways to avoid Defaults in TDS Statements
3. 12.04.2014 CPC (TDS) advisory for submitting Form 24Q, Q4 TDS statements for Financial Year 2013-14
4. 06.03.2014 CPC (TDS) Communication - Circular 07/ 2014 for Late Fee Levy for Government Deductors
5. 15.02.2014 Deductor Grievance -Due to inordinate delay in filing Form 24G
6. 04.02.2014 CPC(TDS) Advisory Communication regarding Certificate u/s 197/197A for Lower or No Deduction of Tax
    New Releases
1. 10.05.2014 New Release from CPC(TDS): Transaction based Report for NRI deductees
2. 10.05.2014 New Release from CPC(TDS): TCS Certificates in Form 27D
3. 01.05.2014 New Release from CPC(TDS): “Aggregated TDS Compliance” at Organization's PAN Level
4. 28.04.2014 New versions of Return Preparation Utility (RPU) V 3.9 and File Validation Utility (FVU) V 4.2 & 2.138 released
5. 19.04.2014 CPC (TDS) brings to you the convenience of Online Corrections without Digital Signature
6. 27.02.2014 CPC (TDS) brings to you the feature of PAN Verification through TRACES
7. 23.01.2014 CPC (TDS) brings to you the feature of Online Corrections through TRACES
    Demand Follow-ups
1. 26.04.2014 CPC(TDS) communication regarding Short Deduction defaults in 24Q FY 2012-13 TDS Statements
2. 25.04.2014 CPC(TDS) communication regarding Short Deduction defaults in TDS Statements
3. 22.02.2014 Important CPC (TDS) reminder for Payment of outstanding Default amount
4. 29.01.2014 CPC (TDS) Follow up communication for payment of outstanding Demand related with Late Filing

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