24q

This query is : Resolved

sanjay (Querist)
Follow

16 April 2012 Sir,
In 24Q Annexure 2, we have entered Total Gross Salary paid to employee, but we have deducted tds on less salary. For example, the total salary paid is 3.00 lakh but the tds is deducted on 275000/- only. What should be shown in Annexure 2 of 24Q Q4 so that there will be no problem.
Also send me the proforma of Form 16.Can it be downloaded from NSDL Site as 16A.
Kindly support me and reply soon.
Regards
Sanjay

Murtaza I Bhagat

Murtaza I Bhagat (Expert)
Follow

16 April 2012 Please give explanation about Rs. 3 lacs and Rs. 2.75 diff. of 25 Thousand what is that ?

are you asking for less tds deducted or what amount need to shown in total salary 3 Lacs or 2.75 lacs in annexure 2

yes you can download Form 16 from NSDL Website no need to Manually prepare

Please tell me the diff. We will help you ASAP

Murtaza I Bhagat

Murtaza I Bhagat (Expert)
Follow

16 April 2012 if you query is for gross amount and less deduction

then you have to write Gross Salary amount Less Deduction u/s 10 and except 16ii & 16iii deduction even if you have not deducted proper tax the result will be the shortfall in deduction

so while deduct TDS all data need to confirm and check properly and deduct exact or some addition tax 100-500 will not be bother to you employee. they will collect excess deducted or deduction which not granted as deduction as refund by filing iT Return

but first responsibility is for Deductor to deduct 100% tax as per income.

You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

Summarize this with AI

ChatGPT Perplexity Claude Google AI Grok

Similar Resolved Queries

Unanswered Queries

Popular
Recent

Trending Online Classes

Direct Tax Laws & International Taxation May 26,Sept 26 & Jan 27

CA Arvind Tuli

Enroll Now
Audit Fast Track Recorded Batch For May 26,Sept 26 & Jan 27

CA Aarti Lahoti

Enroll Now
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English

CA Bhanwar Borana & CA Shubham Keswani

Enroll Now

view all classess

Meet our CAclubindia PRO Members

CA.Pinank Arvindbhai Shah

venkanna setty

Vignesh Killur

Tax Expert Group

NIKHIL GUPTA

Subscribe Now

24q

Similar Resolved Queries

Trending Online Classes

Meet our CAclubindia PRO Members

Quick Links

Browse by Category

Latest Job Openings

GST CONSULTANT

Accountant

Article Assistant

CA Final

GST CONSULTANCY