Tds return salary quarter 1
This query is : Resolved
12 July 2012
1) In TDS Return for Quarter I Salary i.e. 24Q, details of Salary viz Salary paid to the employee is to be given. Does this mean Gross Salary or Net Salary. Net Salary means after deduction of PF, ESIC, Profession Tax etc.
2) If Employee X's TDS was deducted in April 2012 and May 2012 but was not deducted in June 2012. So should his June Salary details be given in TDS Salary Return Q1??
2) If Employee X's TDS was deducted in April 2012 and May 2012 but was not deducted in June 2012. So should his June Salary details be given in TDS Salary Return Q1??
13 July 2012
1. Salary will be net salary after deducting all exemptions and deductions.
2. Sicne no TDS was deducted in June, salary for the month of June shall NOT be shown in the return.
2. Sicne no TDS was deducted in June, salary for the month of June shall NOT be shown in the return.
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
- GST Audit whether Govt Companies are exempt?
- PTRC Show Cause Notice on Email
- Accounting treatment of AMC alongwith the purchase of Laptop
- Unable to File TDS Q2 Return – New TRACES Portal Error
- Condonation Request sec 119(2) b -Enhancement Limit of Leave Exemption prior to AY 2023
- GST Treatment of Purchases with GST Paid where Outward Supplies of Manufactured CattleFeed Exempt
- Not ordinarily resident having partnership income in India and salary in USA is any form to filed be
- EPF ECR NEW RULES Sep 17th 2026
- Issuing of delivery challan by seller of goods
- Taxation of crypto futures in India Fy 2026- 2027
- Expert Help Required for TDS Refund 100000 Through TRACES – AY 2022–23
- IMPORT PURCHASE ENTRY PASSED IN BOOKS OF ACCOUNT
- FAST DS 26 Undisclosed Foreign Asset Disclosure Scheme 2026
- Regime change
- Goods sold but invoice not issued
- Tally: Imported bank entries do not show up in manual reconciliation
- Sales of goods of amount Rs97 lakhs to a party
- Confused About My Career After 12th — Cyber Security, AI or Finance? Need Guidance
- FAST-DS 2026 Under Tax Law - No recourse or support for person declaring via this scheme?
- Guidance Needed: Linking Multiple Form 26QB Payments and Responding to ITD Defaulter Notice
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
