Read more at:VDS Vide Finance Act 2016, the Income Disclosure Scheme 2016 (IDS) has been launched for window period of 01.06.2016 to 30.09.2016. The present scheme is almost pari-materia to the earlier schemes like VDIS-1997, Amnesty Scheme-1985, VDS-1975, VDS-1965 etc., with slight changes here and there. However, the litigation arose only due to lack of clarity…

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With effect from 01.10.2013 new version of FVU i.e. 4.00 is published by the TIN-NSDL in place of FVU 3.7 with latest new key features. The latest FVU Ver. 4.00 contains “NIL” TDS/TCS Return but while generating validation through FVU Ver. 4.00, TDS/TCS statement can’not be filed without quoting any valid Challan or deductee row.…

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