TDS Form 16A

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This query is : Resolved

sreenath (Querist)

02 August 2010 Hi all

Please Help Me very Urgent

We are Deducted TDS On Foreign Payment and Deposited To Govt A/c, We Don't Have Their PAN. So Without PAN We are Issued to Them Form 16A or Which form We Would issue to Them Please Help Me Very Very Urgent

And another one We are Deducted TDS on Salary of the Director. The Director is Drawn salary from Two Companies. But We are Consider the Salary in One Company on aggregate amount Only We are Deducted TDS. Now in Form No. 16 How To Mention Both The Companies Salary In Single Form 16 Please Clarify Me This one Also Very Very Urgent

Thanks & Regards

Sreenatha Reddy a
9632479865

CA. Pradeep Nayak

CA. Pradeep Nayak (Expert)

02 August 2010
Even in case of tax deducted from non residents, you have to issue Form 16A only. There is no other form to issue TDS certificate to non residents.

If the director is drawing salary from 2 companies, you have to issue Form 16 with regard to salary paid by your company only. For salary paid & tax deducted by the other Co., that other Co. will issue Form 16.

CA. BIJENDER KR. BANSAL

CA. BIJENDER KR. BANSAL (Expert)

02 August 2010 AGREED, THERE IS NO SEPRATE FORM FOR ISSUING TDS CERTIFICATE TO NON RESIDENT.
WITHOUT PAN NO, IT IS USELESS FOR DEDUCTEE.
AT PRESENT NOW, AS PER SECTION 206AA, IF PAN NO IS NOT PROVIDED BY NON RESIDENT, THEN TDS WILL BE DEDUCTED HIGHER OF

a) The rate prescribed under the Act or
b) The rate in force (rates as mentioned in the Finance Act) or
c) The rate of 20%

IN CASE FORM 16, YOU NEED NOT TO SHOW OTHER COMPANY SALARY DETAIL IN YOUR FORM 16, YOU HAVE TO CONSIDER OTHER COMPANY SALLARY DETIAL ONLY FOR THE PURPOSE OF CALCULATING OF TDS SALARY U/S 192 .

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