How deductor can Submit Self-Declaration for Lower Deposit of TDS

Centralized Processing Cell (TDS) has started sending notices to those deductors who have paid 40 to 60% lesser TDS during the period from April 1 to October 15, 2015 as compared to the corresponding period in Financial Year 2014-15. If as a deductor you have reasonable causes for less Deduction and less Payment of tax with respect to the above mentioned reduction. CPC TDS has released a “Self Declaration” feature…

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Cloud Server Accounting – Comapnies Act Requirements

Coping with the increasing spread of Maintaining Accounts in Cloud Servers, Rule 3 of Companies (Accounts) Rules 2014 lays down the manner of maintenance of books of account in Electronic mode. (1) The books of account and other relevant books and papers maintained in electronic mode shall remain accessible in India so as to be usable for subsequent reference. (2) The books of account and other relevant books and papers…