Challan 281

This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

06 January 2017 I am an Accountant in a proprietary firm. This is first time we are deducting TDS and therefore I need help regarding filling of Challan No 281 for making TDS payment. Please let me know what I have to select i.e. "COMPANY DEDUCTEES (0020)" or "NON - COMPANY DEDUCTEES" in challan 281.

I know as a proprietary firm we are "NON-COMAPNY DEDUCTEES". But I am not sure actually what this option in the challan 281 is asking for ? Our formation or the persons formations from whom we are deducting TDS.

Here I also want to mention you that we have deducted the following amount as TDS from the following persons (here Persons has same meaning as defined in the Income tax Act.)

U/S Amount Person Remarks
192 126526 Individual From our employees
194 C 12000 Individual From Sub Contractors
194 J 13500 Company From Service Providers

Please suggest and thanks ...........

Lalit Kumar

Lalit Kumar (Expert)
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06 January 2017 In the TDS Payment challan, the info asked is w.r.t to your entity.

You need to select non company option. anything other than company, will fall under non company category.

With the respective section numbers, you need to fill in 3 challans and accordingly pay the Tax.

Gokul Sharma

Gokul Sharma (Expert)
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06 January 2017 but Deductee Means The Person Who's TDS Is deducted by Me.

Lalit Kumar

Lalit Kumar (Expert)
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06 January 2017 Sorry, i am being misunderstood. The info asked is w.r.t to your company challan. Meant that he has to see from his C - company's angle who the other person is.

So for 192 - Its a "non company Deductee"
194 C - from your question i understand your making payment to Indvl Sub contractor - So Non company
194 J - undestand that payment made to company - hence non company deductee again.

Thanks for asking for the explanation Gokul.

Message likes : 1 times

Gokul Sharma

Gokul Sharma (Expert)
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06 January 2017 THANK YOU SIR FOR YOUR FEEDBACK ...

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