Tuesday, April 17, 2018


Friends,   Latest version of TDS return filing software is RPU 2.2.  To download free of cost , the same alongwith its Key Feature  is given below :-

Key Features – Return Preparation Utility (RPU) version 2.2

In case of non-availability of PAN of deductee for Form 27EQ, two new fields are introduced under deductee details which are as below: 

               >>>> Column no. 32) Deductee is Non-Resident (under this column two dropdown options will be provided i.e. Yes/No) 

           >>>> Column no. 33) Deductee is having Permanent Establishment in India (under this column two dropdown options will be provided i.e. Yes/No) 

              >>>>  This will be applicable to correction (C3) and regular statements pertains to FY 2017-18 onwards. 

Incorporation of latest File Validation Utility (FVU) version 5.7 (applicable for TDS/TCS statements pertaining to FY 2010-11 onwards) and FVU version 2.153 (applicable for TDS/TCS statements from FY 2007-08 up to FY 2009-10).

Saturday, April 14, 2018


Friends,  Everyone is in confusion for due dates of filing of TDS/TCS returns.  It is special for Last Quarter.  First three quarters due date do not match with the criteria of Last fourth Quarter.   To remove the doubt or avoid late filing fees , Detailed  filing dates of TDS/TCS returns are given below :-

TDS Last Dates of FY 2017-18 for Return Filing

QuarterPeriodLast Date of Filing
1st Quarter1st April to 30th June31st July 2017
2nd Quarter1st July to 30th September31st Oct 2017
3rd Quarter1st October to 31st December31st Jan 2018
4th Quarter1st January to 31st March31st May 2018

TCS Last Dates of FY 2017-18 for Return Filing

QuarterPeriodLast Date of Filing
1st Quarter1st April to 30th June15th July 2017
2nd Quarter1st July to 30th September15th Oct 2017
3rd Quarter1st October to 31st December15th Jan 2018
4th Quarter1st January to 31st March15th May 2018
  • The due date for non-government deductor of depositing TDS/TCS is 7th of next month except March and for government deductor last day of the current month in which TDS is deducted.
  • Deposit date of TDS Deducted in March is 30th April (other than Government), TCS Deducted in March for other than Government and TDS for government deductees due date is 7th April.
  • Quarterly TDS/TCS Certificate: After uploading quarterly TDS return you can generate TDS/TCS certificate within 15 days of uploading your return.

Sunday, March 11, 2018


Friends,  Now there is no question regarding submission of GST returns.  Too many GST returns have been submitted in India. Every person like businessman or consultant is aware regarding procedure of GST returns.  

Now,  after submission returns,  it is pertinent to mention here that there are many errors have been left in returns due to human problems.   Lot of persons are  aware that corrections in GST returns is required time to time.

There are two types of corrections required :-
1.  Add Detail.
2.  Modify  / Correction in submitted Data

Add :-  In case you have submitted your GSTR1 upto Jan 2018 and know it has come to notice that you have not submitted one B2B invoice in the month July, 2017.   You can add  Invoice  related to July, 2017  while submitting GSR1 return of the month Jan 2018 mentioning all details like Invoice No and Invoice Date of July, 2017.

Modify / Correction Data : -  Government has provided a word "Amendment" for making correction in GST returns.  User can use Amendment feature in the current return  for correction of previous months returns. If  B2B old invoice is required to modify,  then same invoice number can not be used for modified invoice. i.e.  Old Invoice Number is 2000, New Invoice Number May be 2000A etc. It means Unique Invoice numbers will be maintained in GST portal in a Financial Year .

Tuesday, February 27, 2018

Income Tax :- Excel Based Individual Calculator for the Assessment Year 2018-19

Friends,  Individual income tax Calculator for the Financial Year 2017-18 or Assessment year 2018-19 has been updated and available for users.  It is totally free of cost for its users.  We have tried to make it accurate as per income tax requirement.  In case anyone found any error or  feel any difficulty in its use, he may be requested to send error along with screenshot so that the may be rectified at the earliest. 

Download (Click Here)

Monday, January 22, 2018

Income Tax :- 89(1) Calculator with Form 10E for the Financial Year 2017-18


                 On demand , for getting rebate of 89(1) on account of bifurcation of salary arrear for the Financial Year 2017-18 Assessment Year 2018-19 has been prepared.  

                Utility of this excel sheet is that an individual can avail Income Tax benefit for the amount of arrear of Previous Years received in this year.    This utility is based on Financial Year 2005-06 to Financial Year 2017-18. 

How can Use of 89(1) Calculator 
  1. Simple in use. 
  2. Collect copy of ITR-V for the financial years for which arrear is to be bifurcated.
  3. Current Year earning details like salary statement etc. 
  4. Current Year detail of savings.
Now Download 89(1) Calculator free of cost and save your income tax yourself.. 

Intense Debate Comments