29 April 2014
Can anyone tell me, We file 24Q returns of a company for Q1 and Q2 for the F.Y. 2013-14, and then shift employees to another company and for further Q3, Q4 salary paid by 2nd company.
Now my query is can we get from traces Form-16 of 1st company for Q1 & Q2 without filing returns of other quarters?
29 April 2014
the said employee shall get Form 16 from both the companies. The first company, while filing Form 24Q for Q4, needs to provide relevant details for the said employee in Annexure II
29 April 2014
you are still required to fill Q4. otherwise you wont be able to generate form 16 for any of the employee. Form 16 is based on Annexure II.
29 April 2014
Yes Sanggeta U can't generate form 16 without NIL submission. Coz If the department will not receive any information from your side then how can they generate such form.
I have prepared data to file Nil Return for Q4. When am pressing e-tds return, one message alart is shown in screen - "Now there is change in filing of E-Tds Return. Now the department do not accept the return where no challan exist in the return".
29 April 2014
you cannot mention previous quarter challans.
What you need to do is to enter one Nil Challan as under:
7. Nil Statement
RPU can be used to prepare a return without a challan and/or deductee. If there is no challan i.e. when no tax has been deposited, then challan sheet should be filled as below:
Serial No. (Column no. 301): 1
Amount Fields i.e. TDS,Surcharge,Education Cess,Interest and Others(Column no 302 to 306): 0.00 (Zero)
Cheque / DD number Blank
Date on which tax deposited (Column no. 311) e.g. for quarter 4 31/03/2014
Transfer voucher / Challan serial No. (Column no. 310) Blank
Whether TDS Deposited by Book Entry ?(Yes)/(No) (Column no.308) Blank
29 April 2014
you may do so if you wish. as such there is no need. You can fill the nil challan as suggested. In case you are finding it difficult, you may consider paying Rs 5/10.
Can you tell me one more thing- When we prepare data for 24Q from own software, in "Amount paid" column Salary will be gross salary p.m. or Salary which exactly paid to empolyee after deduction of TDS?