Tds

This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

06 August 2013 how to pay TDS on rent in new sec 41A & 41B
in banks there is no option for 41A &41B ,194 I only available

CS,CA F,Numrologi TusharSampat

CS,CA F,Numrologi TusharSampat (Expert)
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06 August 2013 tds on rent is to be paid under sec 194-I only and not 41A/B.

CMA. CS. Sanjay Gupta

CMA. CS. Sanjay Gupta (Expert)
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06 August 2013 To be paid under code 94I only.

4IA/4IB is only for TDS return filing purpose.

Please read Key Features of RPU 3.5 Section

194I has been bifurcated as below:
 Select value 4IA from the section code drop down where tax has been deducted under section 194I (a)
 Select value 4IB from the section code drop down where tax has been deducted under section 194I (b)