Remark while filling TDS return of 194Q
This query is : Resolved
27 October 2021
What remark do we need to select while filling the TDS return for 194Q ?
1. Write “C” if deduction is on higher rate under section 206AA on account of non-furnishing of PAN
2. Write “S” if no deduction is in view of the provisions of sub-section (5) of section 194Q.*
3. Write “U” if the deduction is on higher rate in view of section 206AB for non-filing of return of income*
it doesnt allow to give remark of 1. Amount Paid/Credited is Under Threshold
When i filled the return using "Amount Paid/Credited is Under Threshold" i got a error.
Error :
T_FV_6210 Invalid Remark Value provided for Section 194Q. Remarks 'C', 'S' and 'U' are applicable for this section
1. Write “C” if deduction is on higher rate under section 206AA on account of non-furnishing of PAN
2. Write “S” if no deduction is in view of the provisions of sub-section (5) of section 194Q.*
3. Write “U” if the deduction is on higher rate in view of section 206AB for non-filing of return of income*
it doesnt allow to give remark of 1. Amount Paid/Credited is Under Threshold
When i filled the return using "Amount Paid/Credited is Under Threshold" i got a error.
Error :
T_FV_6210 Invalid Remark Value provided for Section 194Q. Remarks 'C', 'S' and 'U' are applicable for this section
27 October 2021
No need to file TDS return under section 194Q when the amount paid is within threshold.
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
- Post Office RD Interest
- Building and other construction workers welfare cess act 1996
- Eway bill for machinery reparing
- Applicable TDS for Purchase of Flat from NRI
- ITR 3 FILING OF AN INDIVIDUAL (PARTNER IN A PARTNERSHIP fIRM)
- Bank Accounts in Balance Sheet for ITR 3
- Annual return of gst limit
- Form 10BD Filling
- TDS ON CASH WITHDRAWALS...
- LIC Annuity received under Jeevan Akshay Scheme
- ESIC- Employee Registration
- Delisted shares sold in off market/ Rebate u/s87A
- In Exports Sales HSN details where to fill
- Opting out" of regime provided under subsection (1A) of Section 115BAC but Form 10IEA is not filed.
- Difference in tax comparison report
- Gst invoice numbering and delivery challan numbering
- Sales amount in Gstr1
- E Commerce GSTR1 & 3B how to file
- GST Cancellation without jurisdiction
- Legal Opinion on Registrar's Refusal to Investigate a Society for Non-Renewal and Non-Compliance
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
