TDS Returns Revision
TDS Returns Revision
TDS RETURN REVISE
TDS Return is required to be filed by any person who is liable to deduct tax at source. A TDS Return is a quarterly statement which has to be submitted to the Income Tax Department of India. Submitting TDS
Return is mandatory if you are a diductor. It should contain all details of TDS deducted and deposited by you for a particular quarter.
You may need to file TDS correction or TDS revision if you have wrongly shown any details in original TDS Returns. Such mistakes can be wrong PAN, wrong date, or short or no tax deduction. In all such cases, in
order to ensure seamless credit to the person whose TDS is deducted, you should revise your TDS Return.
You may also need to revise your TDS return if you have short paid any TDS and received any notice from income tax department. It should be noted that only by paying short deducted TDS, your work is not over.
This has to be given effect through a correctly filed TDS statement.
TDS return may be corrected as many times as needed. There is no due date by which a TDS return has to be revised. Hence, as soon as an error is discovered, you should file a correction return.
Documents Required
★ Your TAN
★ Challans of TDS Payment
★ Details of Deduction
★ Ack Receipt of Original Return
ESI RETURNS FILLINGS:
Employee’s State Insurance(ESI) is a self-financing social security and health insurance scheme for Indian workers. ESI Registration is mandatory for employers having 10 or more employee. For all employees earning
Rs.15,000 or less per month as wages, the employer must contribute 4.75% and employee must contribute 1.75% towards ESI. The ESI fund is managed by the ESI Corporation (ESI) according to rules and regulations
stipulated therein the ESI Act 1948, which oversees the provision of medical and cash benefits to the employees and their family through its large network of branch offices, dispensaries and hospitals throughout India. ESI is
an autonomous corporation under Ministry of Labour and Employment, Government of India.
All employers having 10 or more employees are required to be registered with Employee State Insurance (ESI) Corporation. Those entities having ESI Registration must then file ESI returns. ESI returns are due half-yearly.
WE can help file ESI returns for your business.