Webinar On Traces Issues – Download PPT and Video

Hope you are doing great.

We missed you for our Conference call cum Webinar on Friday (28th Feb’14) about Traces communication on “Imposition of Penal Interest u/2 220(2) if actions are not taken by the Deductors (Employers/Companies/We).”

We are sorry that you were not able to make it – we hope it would have gained you some interesting insights. However we have recorded the session for the purpose of sharing knowledge & expertise we have accumulated over the period of time.

Click here to Access the Webinar Presentation & Video – for FREE.
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Imposition of penal interest u/s 220(2) by TRACES 28th Feb’14

We are quite aware of the fact that each of us have been receiving quite a lot of communications from TRACES [ the TDS Processing Cell ] on Justification reports, Intimations, Demands, etc. Many of us have also been receiving Hard-Copy Letters to this effect from TRACES.

One may sometimes wonder why such a huge amount of flow of Information ! It does make us a lot uncomfortable & we would want it to be sorted out as soon as possible.

One such email TRACES sent out on 21st of February talks about imposition of Penal Interest u/s 220(2) if actions are not taken by the Deductors ( Employers / Companies / We ).

So, the next question is what action are we supposed to take ?
•    Just Pay the demand ?
•    Do a correctional filing ?
•    or do both ?
•    Under what section ?
•    Is it genuine ?
•    What are the consequences of it ?
•    What is the process ?
•    In large Organizations such as yours, how would you be sure of being fully compliant to these requirements ?
Being The Compliance Experts, we believe in sharing the knowledge & expertise we have accumulated over a period of time.

Click here to Access the Webinar Presentation & Video – for FREE.

Who are we ? 64,000 Employees spread across 121 Corporate benefit from our Expertise in Payroll, Taxation or Compliance.
They call us “The Specialists”

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