Financial Daily from THE HINDU group of publications
Thursday, Feb 26, 2004

News
Features
Stocks
Cross Currency
Shipping
Archives
Google

Group Sites

Corporate - Income Tax


Cos asked to file e-TDS before March-end

Our Bureau

Chennai , Feb. 25

COMPANIES have to file their Tax Deduction at Source for 2002-03 electronically (e-TDS) by the end of March this year, said Mr P.K. Sridharan, Chief Commissioner of Income Tax in Chennai.

The Income Tax department has appointed Integrated Enterprises, Karvy Consultants and Shell Transource to receive e-TDS returns in Chennai. National Securities Depository Ltd has been appointed as the intermediary to deal with the basic processing of e-TDS.

Generally, companies are required to file the TDS by the end of May following a financial year. Recently, rules were changed to make e-TDS compulsory for companies, and the deadline to file the same was postponed to help the Income-Tax department deal with teething trouble.

Mr Sridharan said a decision to go back to the May deadline for the current financial year had not yet been taken. He added about 150 companies in Chennai had filed their TDS electronically.

More Stories on : Income Tax | E-Governance

Article E-Mail :: Comment :: Syndication :: Printer Friendly Page



Stories in this Section
DaimlerChrysler to foray into trucks business this year


Gammon India bags orders worth Rs 200 cr
GAIL to expand telecom infrastructure in south
STC pays 20 pc interim dividend to Govt
PTC to talk to pvt players for trading surplus power
SAR signs pact with EaglePicher
Phoenix Lamps takes $ loan to replace Re loans
Disclosure of onsite staff salaries — DCA may grant exemption to IT cos
Nalco CMD denies sexual misconduct
MMA to organise women's convention
SembCorp to acquire 51% stake in Medicare Incin
India Rayon hikes capacity in Gummidipoondi unit
Sandvik Asia sets up EOU for cartridges
NTPC in pact with ASCI for joint research
Cos asked to file e-TDS before March-end
Tata Motors' Korean buy to boost China plans
Ranbaxy to retain focus on domestic market
`Coffee Day Xpress to make net profit in 2 years'
Somany Tiles eyes 10 pc sales growth — Plans to reach out to customers
Alfa Laval: Meeting market expectations



The Hindu Group: Home | About Us | Copyright | Archives | Contacts | Subscription
Group Sites: The Hindu | Business Line | Sportstar | Frontline | The Hindu eBooks | The Hindu Images | Home |

Copyright 2004, The Hindu Business Line. Republication or redissemination of the contents of this screen are expressly prohibited without the written consent of The Hindu Business Line