Suriya Cement Agency

03/11/2022

இன்று திரு.சுனில் அகர்வால் (ED, Dalmia) அவர்கள் , திரு.பட்டாபி (Sales head TN-02) மற்றும் திரு. கிறிஸ்டோபர் (Regional head TN 02) ஆகியோருடன் விற்பனை குறித்த கலந்துரையாடல் எங்களது நிறுவனத்தில் நடைபெற்றது ....

27/07/2022

17/06/2022

Meeting with India Cements Limited influencers CMO and VP

01/06/2022

TDS சான்றிதழ்களின் வகைகள்

TDS சான்றிதழ்களின் வகைகள் படிவம் 16, 16A, 16B மற்றும் 16C ஆகும். இந்தச் சான்றிதழ்கள், TDS-ஐக் கழிக்கும் நபரால், பணம் செலுத்தும் போது TDS கழிக்கப்பட்ட வருமானத்திலிருந்து மதிப்பீட்டாளருக்கு வழங்கப்படும்.

சம்பளம் பெறும் ஊழியர்களுக்கான TDS சான்றிதழ்: படிவம் 16

படிவம் 16 சம்பளம் பெறும் ஊழியர்களுக்கு அந்தந்த முதலாளிகளால் வழங்கப்படுகிறது. வேறு வார்த்தைகளில் கூறுவதானால், படிவம் 16 என்பது சம்பள TDS சான்றிதழ்.

படிவம் 16 வழங்கப்பட்ட வழக்குகள்:

• முதலாவதாக, ஒரு நபரின்/பணியாளரின் நிதியாண்டிற்கான சம்பளத்திலிருந்து பெறப்படும் வருமானம் , அடிப்படை விலக்கு வரம்பான ரூ. 2,50,000ஐ விட அதிகமாக இருந்தால், வருமான வரிச் சட்டத்தின்படி, அவரது சம்பளத்தில் டிடிஎஸ்-ஐக் கழித்து, அதை டெபாசிட் செய்ய வேண்டும். அரசாங்கம்.

• இரண்டாவதாக, நபர்/பணியாளர் மற்ற தலைவர்களிடமிருந்து தனது வருமானத்தை தனது முதலாளியிடம் தெரிவித்திருந்தால், டிடிஎஸ் விலக்குக்கான மொத்த வருமானத்தையும் முதலாளி கருத்தில் கொள்வார்.

குறிப்பு:
ஊழியர் ஒரு வருடத்தில் ஒன்றுக்கு மேற்பட்ட முதலாளிகளுடன் பணிபுரிந்திருந்தால், ஊழியர் ஒன்றுக்கு மேற்பட்ட படிவம் 16 ஐக் கொண்டிருப்பார்.

படிவம் 16ன் பகுதிகள்

படிவம் 16 இரண்டு பகுதிகளைக் கொண்டுள்ளது: பகுதி A மற்றும் பகுதி B.
• பகுதி A இல் முதலாளி மற்றும் பணியாளரின் பெயர் & முகவரி, PAN மற்றும் TAN விவரங்கள், வேலையின் காலம், TDS கழிக்கப்பட்ட மற்றும் அரசாங்கத்திடம் டெபாசிட் செய்யப்பட்ட விவரங்கள் போன்றவை உள்ளன.

• பகுதி B இல் செலுத்தப்பட்ட சம்பளம், பிற வருமானங்கள், அனுமதிக்கப்பட்ட விலக்குகள், செலுத்த வேண்டிய வரி போன்ற விவரங்கள் அடங்கும்

படிவம் 16 இன் வெளியீடு: நிலுவைத் தேதிகள்

இது எந்த ஆண்டுக்கு வெளியிடப்படுகிறதோ அந்த ஆண்டின் ஜூன் 15 ஆம் தேதிக்குள் வழங்கப்பட வேண்டும்.

சம்பளம் தவிர TDS சான்றிதழ்: படிவம் 16A

படிவம் 16A TDS சான்றிதழானது சம்பளம் தவிர மற்ற வருமானத்தில் TDS க்கு பொருந்தும்.

படிவம் 16A வழங்கப்பட்ட வழக்குகள்

படிவம் 16A வழங்கப்படுகிறது
- நிலையான வைப்புத்தொகைகளுக்கு TDS கழிக்கப்படும் ,
- இது காப்பீட்டு கமிஷன்களில் கழிக்கப்படும் ,
- TDS வாடகை ரசீதுகளில் கழிக்கப்படும் அல்லது
- TDS கழிக்கக்கூடிய வேறு ஏதேனும் வருமானத்தில் நீங்கள் பெறலாம்.

படிவம் 16A எப்போது வழங்கப்படுகிறது?

TDS சான்றிதழ், படிவம் 16A காலாண்டுக்கு ஒருமுறை வழங்கப்படுகிறது. காலாண்டு டிடிஎஸ் ரிட்டர்னுக்கான நிலுவைத் தேதிக்கு அடுத்த மாதத்தின் 15வது தேதியாகும்.

சொத்து மீதான TDS: படிவம் 16B

டிடிஎஸ் சான்றிதழின் படிவம் 16பி சொத்தில் கழிக்கப்பட்ட TDS வழக்கில் வழங்கப்படுகிறது. இந்த வழக்கில், வாங்குபவர், சொத்து விற்பனையின் போது சொத்தின் மீதான டிடிஎஸ் குறைக்க வேண்டும்.

வாங்குபவர் விற்பனையாளருக்கு செலுத்த வேண்டிய தொகையிலிருந்து 1% TDS கழிக்கப்படுகிறது. அந்த தொகையை வருமான வரித்துறையிடம் டெபாசிட் செய்ய வேண்டும்.

வாங்குபவர் படிவம் 16B ஐ வழங்குவார் - தொகையை வருமான வரித்துறையிடம் டெபாசிட் செய்த பிறகு. சொத்திலிருந்து டிடிஎஸ் கழிக்கப்பட்டு அரசாங்கத்திடம் டெபாசிட் செய்யப்பட்டதற்கான ஆதாரம் இது.

படிவம் 16Bக்கான தேதிகள்

ஒரு படிவம் 16B காலாண்டுக்கு ஒருமுறை வழங்கப்படுகிறது. காலாண்டு டிடிஎஸ் ரிட்டர்னுக்கான நிலுவைத் தேதிக்கு அடுத்த மாதத்தின் 15வது தேதியாகும்.

வாடகை TDS சான்றிதழ்: படிவம் 16C

படிவம் 16C என்பது இந்திய அரசாங்கத்தால் அறிமுகப்படுத்தப்பட்ட புதிய TDS சான்றிதழ் ஆகும். தனிநபர்/HUF (பிரிவு 194IB இன் கீழ்) @ 5 % வாடகையில் TDS துப்பறியும் அளவை இது பிரதிபலிக்கிறது.

படிவம் 16C வழங்கப்பட வேண்டிய தேதி

வாடகைக்கு TDS-ஐக் கழிப்பவர், படிவம் 26QC-ல் சலான் கம் ஸ்டேட்மெண்ட்டை வழங்க வேண்டிய தேதியிலிருந்து 15 நாட்களுக்குள் பணம் பெறுபவருக்கு படிவம் 16C-ஐ வழங்க வேண்டும்.

03/05/2022

Started from today

24/02/2022

07/11/2021

Excess UPI use may Invite notices from Income Tax/GST Department

We are living in a modern world, where we are using various types of gadgets and apparatus for our facilitation. The development of internet is one of the most important invention in our life. The internet has brought the world on our finger tips. There are various types of gadgets and apparatus ,we are using in our daily life such as computer systems, laptops, iPods , mobile phones etc., they help doing our work faster and with more efficiency and accuracy.

Our banking system has also developed a lot by utilising modern gadgets and technologies. The banks have been updated themselves by using internet and other available modern techniques. A robust and strong banking system is essential for development of a country and through this we shall prohibit money laundering. The government of India has also done a lot to brought all cash transaction under banking system. The government has inserted various incentives and penalties to use banking system and prohibit the cash system to reduced generation of black money.

The introduction of a Unified Payment Interface (UPI) is a smartphone application that allows users to transfer money between bank accounts. It is a single-window mobile payment system developed by the National Payments Corporation of India (NPCI). The Unified Payment Interface is a real-time payment system.

Remember that excessive use of UPI and use of UPI for help of your friends, family members, others may lend you in trouble. So keep in your mind below mentioned examples before using UPI and your bank accounts for payment on behalf of others.

Person generally use his/her UPI for making payment on beheld of others for some benefits of reward pints or cash back , but these incentives are not commensurate with the problem you will face in future ,when you receive notice from Income Tax & GST departments for payment of taxes.

LET’S US CONSIDER SOME EXAMPLES FOR UNDERSTANDING THE CONSEQUENCES OF USING EXCESS UPI;

1. Mr. A is a real estate broker and he is serving his clients through booking as well as registration services. The generally asked his clients to deposit /transfer stamp duty and registration charges in his account maintained by him, from where he is paying registration and stamp duty charges to the government. In Mr. A case suppose his turnover in his bank account during FY 2020-21 was Rs. 2.00 Crores ( approx). In this case he has crossed threshold limit of registration of GST and GST department may ask for GST Payment and registration requirements and also Income tax department asked for details of payment received in his bank account. Mr. A in this case has to maintain KYC of each depositor and each client depositing money in his account and this turnover will be shown in his books of accounts. He has to maintain proper books of accounts.

2. Mr. B is a individual and he is helping his friends and family members by paying through his UPI or bank accounts of various transactions and asked his family members/friends to deposit cash /transfer cash to his bank account. In this case suppose for getting incentive of 1 /2% you have transacted in your bank account up to Rs. 40.00 lakhs or more during the year FY 2020-21. In this case you have earned just Rs. 40000/Rs 80000 as cash incentives but you are liable to GST provisions ,since you have crossed threshold limit of Rs. 40.00 Lakhs , the GST department as well as income tax department will consider your turnover Rs. 40.00 lakhs or more and income tax asked for payment of presumptive tax or audit of your accounts in case you are not paying theses taxes. This will lend you in trouble for sake of small incentives.

3. Mr. C is doing business of a travel agent and he is using his Credit cards for booking of Airlines tickets directly from website of Airlines. He has done a transaction to the tune of Rs. 74.50 lakhs during the FY 2020-21. In Mr. C case since he has done booking of hundred persons , but not able to asked for their KYCs and may received payment through bank as well as through cash. Now the GST and Income Tax Authorities will consider his turnover of Rs. 74.50 Lakhs as turnover during FY 2020-21 and asked for payment of tax. He is liable to register in GST also because his TO has crossed Rs. 40.00 Lakhs and Income Tax Authorities may asked for presumptive taxation or audit of books of accounts in case lower declaration of Income Tax. After this the department may ask you the source of receipt and payments and this will lend you in deep trouble.
The tax authorities are not your relatives and hence they will not show any remorse on you and will levy tax and penalty.

4. Please note that in above cases you have to prove the sources of income and you have to keep the KYC of payers to produce before the revenue authorities to prove that you are helping your friends and family members and not transacting any business /profession.

5. Banks are generally required to report suspicious of some specified transaction to the department under provisions of Income Tax Act, 1961.

6. If you really want to do such types of transactions, then you have to open a Current Account and use the same for your business and helping others , but note that please keep KYC of your depositors and payers to prove that transactions are genuine.

7. You have to avoid using UPI payments on behalf of others and receiving cash. This will also lend you in trouble. Because you are helping in cash transactions ,which are strictly prohibited. Generally some people asked for cash payment against UPI done on behalf of other person. Before doing so you have to ask that person for his/her KYC for your protection.

CONCLUSION; it is advisable to don’t be “Mother Theresa” and use your bank as well as your UPI payment system wisely. Always keep in mind that the revenue department is keen to extract more and more money from you ,because they are paid for that and your kindness or sympathy may lend you in trouble. Your greed of receiving cash discount/rebates/incentives from using excessive UPI may lend you in trouble ,which will cost you much more in future.

CS Deepak P. Singh

07/11/2021

Annual Information Statement (AIS) – Diwali Gifts to Taxpayers

• CA Tarun Kumar

Diwali 2021 – Gifts received by Taxpayers from Income-tax Department

Diwali symbolizes the victory of light over darkness, good over evil and knowledge over ignorance. This is a festival of lights, gifts, feasts and sweets. There is the custom of exchanging gifts on Diwali to show up the feeling of togetherness, love and affection. Likewise this year the Income-tax department has gifted ‘Annual Information Statement (AIS)’ and ‘Taxpayer Information Summary (TIS)’ to the taxpayers. Seemingly AIS and TIS will bring sweetness and brightness to the life of taxpayers and also symbolize knowledge over ignorance while submitting the return of income.

Annual Information Statement (AIS) is a comprehensive view of information for a taxpayer displayed in Form 26AS. Taxpayer Information Summary (TIS) is an information category wise information summary for a taxpayer. The taxpayers can access the “Annual Information Statement (AIS)” under the “Services” tab from the e-filing portal after successful login on the e-filing portal.

These are very useful gifts from the tax department as they are going to immensely benefit the taxpayers as we have seen people generally miss reporting certain transactions intentionally or unintentionally while filing their Income Tax Returns (ITR). This results in re-assessment notices and litigation since if the Assessing Officer comes across any information suggesting that any income chargeable to tax has escaped assessment for any assessment year, he may reopen the case for that particular year within the time limit of 3 years/10 years depending upon the quantum of income escaped. Since the AIS & TIS will give a glimpse of transactions beforehand, it shall reduce the chances of enquiries and notices from the department even for small omissions or mistakes.

The kind of information that is made available in AIS and TIS shows that how the department is maintaining 360-degree data profiling of taxpayers. This information is not less than a birth chart mapping all your financial transactions are done last year ranging from interest on deposits, dividend, securities transactions, mutual fund transactions, foreign remittance, interest on saving accounts, etc. Seeing such a vast information it seems that the days are not so far when apart from matching horoscopes from astrologers, the people will come to tax professionals to match AIS & TIS of bride and groom to ascertain whether their married life will be happy and successful. This might become a deciding factor for making a match between two individuals.

You should cross-check this information before filing the Income-tax return (ITR). In case, you have already filed an ITR for the financial year 2020-2021 then you should ascertain that there is no mismatch of income. If you notice any error or omission in your return of income based on the details in AIS or TIS, you can file a revised ITR to correct such error or omission in the originally filed return. If a revised return is filed, the original return is deemed to have been withdrawn and substituted by the revised return.

Frequently asked questions (FAQs) on AIS and TIS:

1. What is an Annual Information Statement (AIS)?
AIS is a comprehensive view of information for a taxpayer displayed in Form 26AS. The new AIS includes additional information relating to interest, dividend, securities transactions, mutual fund transactions, foreign remittance information etc. The taxpayer will be able to download AIS information in PDF, JSON, CSV formats. A taxpayer can provide feedback on the information displayed in AIS. AIS shows both reported value and modified value (i.e. the value after considering taxpayer feedback) under each section (i.e. TDS, SFT, Other information).

2. What is Taxpayer Information Summary (TIS)?
TIS is an information category wise aggregated information summary for a taxpayer. TIS shows the processed value (i.e.the value generated after deduplication of information based on pre-defined rules) and derived value (i.e. the value derived after considering the taxpayer feedback and processed value) under each information category (e.g. Salary, Interest, Dividend etc.). The derived information in TIS will be used for prefilling of return, if applicable.

3. How to access AIS and TIS at the e-filing portal?
Step 1: Log in to URL https://www.incometax.gov.in/
Step 2: Click on “Annual Information Statement (AIS)” under the “Services” tab from the e-filing portal after successful login on the e-filing portal.
Step 3: Navigate to AIS Homepage. View Taxpayer Information summary (TIS) and Annual Information Statement (AIS)

4. What sort of information is shown in AIS?
The information shown on AIS is divided into two parts:
(a) PART A- General Information
Part-A displays general information about you including PAN, Masked Aadhar Number, Name of the Taxpayer, Date of Birth/Incorporation/Formation, mobile number, e-mail address and address of Taxpayer.
(b) PART- B
• TDS/TCS Information: – Information related to tax deducted/collected at source is displayed here. The Information code of the TDS/TCS, Information description and Information value is shown.
• SFT Information: – Under this head information received from reporting entities under Statement of Financial transaction (SFT) is displayed here. The SFT code, Information description and Information value is made available.
• Payment of Taxes: – Information relating to the payment of taxes under different heads, such as Advance Tax and Self-Assessment Tax, is shown.
• Demand and Refund: – You will be able to view the details of the demand raised and refund initiated (AY and amount) during a financial year. (Details related to Demand will be released soon)
• Other Information: – Details of the information received from the other sources, such as data about Annexure-II salary, Interest on refund, Outward Foreign Remittance/Purchase of Foreign Currency etc., is displayed here.

5. What is the password to open “AIS – PDF” downloaded from the portal?
The downloaded PDF will be password protected. To open the file, you will need to enter the combination of the PAN (in upper case) and the date of birth in case of individual taxpayer or date of incorporation/ formation for the non-individual taxpayer in the format DDMMYYYY without any space. For example, if the PAN is AAAAA1234A and the date of birth is 21st January 1991 then your password will be AAAAA1234A21011991.

6. Can I submit my feedback on the information shown in AIS?
A taxpayer can provide feedback on the information displayed in AIS. The feedback options will be displayed on each Information detail. You will be able to select only one of the available options for submitting feedback. Feedback options are as follows:
Option A: Information is correct
If the information belongs to you and all the attributes of the Information are correct.
Option B: Information is not fully correct
If the information belongs to you, but all the attributes of the Information are not correct. Upon selecting this option, relevant information fields will be displayed, and you will be able to update correct information details. e.g.- Account number, Information value, etc.
Option C: The Information relates to other PAN/year
If you are aware of the Information, but it belongs to another person or another year e.g. joint ownership of property or receiving of the mentioned amount in another year.
Option D: Information is a duplicate/included in other information
If the information displayed is already included in another information or it is duplicate information.
Option E: Information is denied
If you are unaware of this information/transaction and want to deny that the said information pertains to you.
Option F: Customised feedback
The feedback option will be displayed based on the information category

7. What will happen once I submit the feedback?
Upon successful submission of feedback on AIS information, the feedback will be displayed with the information and the modified value of the information will also be visible with the reported value. The activity history tab will also be updated, and you will be able to download Acknowledgement Receipt. Email and SMS confirmations for the submission of feedback will also be sent.

8. What are the details provided in TIS?
You will be shown various details within the Taxpayer Information Summary such as,
• Information Category
• Processed Value
• Derived Value
Further, within an Information Category following information is shown:
• Part through which information received.
• Information Description.
• Information Source.
• Amount Description.
• Amount (Reported, Processed, Derived)

e-Filing of Income Tax Return or Forms and other value added services & Intimation, Rectification, Refund and other Income Tax Processing Related Queries