16a for interest
This query is : Resolved
04 August 2011
last year we issued yearly form 16A for interest on unsecured loans but from current year it is compulsory to issue quaterly form16A from nsdlsite.Now how can we issue yerly Form 16A while we credit and pay annualy interest?
04 August 2011
Hi,
If you credit and pay interest annually, assuming on 31st of March, you need to issue tds certificate of 4th quater.
If you credit and pay interest annually, assuming on 31st of March, you need to issue tds certificate of 4th quater.
04 August 2011
Yes you will issued 4th quarter form of unsecured loan if you pay interest more than 10,000
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Difference between Date of Payment and Date of Deduction?
- Tax Audit Applicability – Newly Formed Partnership Firm with Profit Below 6%/8%
- Unregistered suppliers utility
- TDS CREDIT MISMATCHING
- Buy back of shares u/s69
- EXPORT COMMERCIAL INVOICE HSN CODE
- Cash balance limit and property purchases limit
- Can we choose not to report losses in ITR3 if they cannot be carried forward?
- LIC maturity claim whether taxable
- Bank details not Visible on Traces Portal
- CALCULATION OF DEFFERED TAX - OP BL IS DTL & CURRET IT DTA
- LLP audit under companies act
- Experienced CA recommendation from Kolkata for FNO return filing
- Interest Reporting in Form 168
- Sales of goods of amount Rs77 lakhs to a party
- Tax Demand of ₹4,650 for AY 2026-27
- Concept of Vendor and customner reconciliation
- Mistake in e-invoice identified after 24 hours
- EXPORT PAYMENT
- NRI ITR2 account in 2025-26.
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
