APPLICABILITY OF FORM 24Q

This query is : Resolved

Chartered Accountant (Querist)
Follow

29 May 2025 One of my client is liable for tax audit For FY 2025-26 they have only 2 employees both of them have a salary of Rs 600000 p.a. each therefore no tax after rebate u/s 87A in new regime and no liablity to deduct tds. Are they still liable to file form 24q?

Dhirajlal Rambhia

Dhirajlal Rambhia (Expert)
Follow

29 May 2025 For the fourth quarter, you are required to file Form 24Q to report the total salary paid during the year, even if no TDS was deducted. This is because Annexure II (which details annual salary and deductions for each employee) is required to be submitted in Q4, and some authorities expect this reporting for issue of form 16 to employees.

Chartered Accountant

Chartered Accountant (Querist)
Follow

04 June 2025 Thank you sir for providing crystal clear clarity.

Dhirajlal Rambhia

Dhirajlal Rambhia (Expert)
Follow

04 June 2025 You are welcome.

Dhirajlal Rambhia

Dhirajlal Rambhia (Expert)
Follow

28 September 2025 Good luck.....

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

Join the CA Students WhatsApp Community for ICAI Updates, Trending Courses & Notes!

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

Manoj Sharma

Dalbir Singh Wadhera

Hanuma Yanduri

Sagar Khakhiwala

Phani

Subscribe Now

APPLICABILITY OF FORM 24Q

Similar Resolved Queries

Trending Online Classes

Meet our CAclubindia PRO Members

Quick Links

Browse by Category

Latest Job Openings

Senior Executive

Manager- Finance and Compliance

GST CONSULTANT

GST CONSULTANCY

Accountant

CA Final

Article Assistant

Associate CA