How to file Revised TDS Return?

How to file Revised TDS Return?

TDS Return is required to be filed with NSDL by the person deducting the TDS at regular intervals. After submission of the form, if the deductor realises that there is some error or some new details are required to be added, he can file a Revised TDS Return for updating the existing return We have earlier explained the procedure for […]

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TDS on Property Sale @ 1% under Section 194IA

TDS on Property Sale @ 1% under Section 194IA

The Indian Finance Minister P. Chidambaram while announcing the Budget 2013-14 introduced TDS on Property @ 1% on all Immovable Property Transactions over Rs. 50 Lakhs under Section 194IA. Reason for Introduction of TDS on Property P. Chidambaram while introducing TDS on Property said that Transactions of Immovable Property are usually undervalued and under-reported. Almost half of the Transactions don’t even […]

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TDS Return Filing Online: Due Date and Procedure for Filing

TDS Return Filing Online: Due Date and Procedure for Filing

TDS Return is required to be filed by the assessee who has deducted the TDS. TDS Returns are required to be filed after specified intervals and details to be furnished in these returns include fields like TAN No., TDS Payment, amount deducted, type of payment, PAN No. etc. Recommended Read: Procedure for deposit of TDS Payment online TDS Return Form […]

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ICAI CPE Hours Credit for CA’s from 2014 to 2016

ICAI CPE Hours Credit for CA’s from 2014 to 2016

Chartered Accountancy is a profession wherein you have to continuously keep updating your knowledge so as to stay abreast with the latest changes. To ensure that CA’s continuously keep updating their knowledge, ICAI has made Continuing Professional Education (CPE) mandatory for all CA’s. All CA’s are required to their keep updating their knowledge and complete a specified number of CPE […]

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Industrial Training Vacancies for CA Students in HP

Industrial Training Vacancies for CA Students in HP

Date of Job Posting: 3rd April 2014 Hewlett Packard (HP) is the world’s largest provider of information technology infrastructure, software, services, and solutions to individuals and organizations of all sizes.   We would like to invite your students to be part of HP’s Intern Program and experience HP’s environment, were they can put their ideas to work. We gladly invite applicants […]

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Zero Depreciation Car Insurance & Benefits in India

Zero Depreciation Car Insurance & Benefits in India

Zero Depreciation Car Insurance in India seems to have come as a blessing in disguise at a time when the no. of accidents happening on Indian roads is increasing significantly. Zero Depreciation Car Insurance Cover is an add-on insurance cover which provides certain additional benefits over and above the Standard Insurance policies. The requirement for such an insurance in India […]

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PPF Account and PPF Interest Rate @ 8.7%

PPF Account and PPF Interest Rate @ 8.7%

We all have heard a lot about PPF Account and seen our parents make investment but what is PPF Interest Rate in India and what are the benefits of investing in this form of Instrument? This is one question which usually crops up in our minds and in this article we have tried to explain the basics and the benefits […]

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Chartered Accountant Salary: Campus Placement Mar 14

Chartered Accountant Salary: Campus Placement Mar 14

The Institute of Chartered Accountants of India had organised another set of Campus Placements for Newly Qualified Chartered Accountants in the month of Feb-March 2014 for those candidates who had attained the Chartered Accountancy Qualification in the CA Final Results which were announced in the month of Jan 2014. The Placement Program was conducted at 15 Centres across India and […]

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Surcharge on Income Tax on Income above Rs 1 Crore

Surcharge on Income Tax on Income above Rs 1 Crore

The Finance Act 2013 introduced the levy of Surcharge on Income Tax @ 10% on all categories of taxpayers earning income above Rs 1 Crore. Earlier this was levied only on Companies but now Surcharges on Income Tax is levied on everyone who has income above Rs. 1 Crore. However, the rates of Surcharge on Income Tax vary for different […]

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NRI Account in Indian Banks – NRE, NRO, FCNR Account

NRI Account in Indian Banks – NRE, NRO, FCNR Account

With the Interest Rates in India being significantly higher side as compared to other developed Countries like the US, UK, Canada etc., many Indians staying in these countries prefer to park their excess funds in India to earn a handsome Interest on their surplus money. To encourage Non Resident Indians (NRI’s) and Persons of Indian Origin (PIO’s) staying abroad to […]

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