LIVE GST Certification Course by CA Arun Chhajer begins 27th April. Register Now!!

etds-return 15G/15H

Rohan (employee) (45 Points)

24 May 2009

While filing e-tds return 26 Q - ( quaterly ) for a firm... having depositors to whom payment has been made with no deduction of tax ( u/s. 194 A ) as 15 G / 15 H were given by depositors .....do we need to fill up the details of these depositors (no deduction - 15G/H) in the e-tds return 26 Q ??

thank u

Reply
Follow
Share

10 Replies

Anuraag Sharma (Sr Executive Finance) (845 Points)
Replied 25 May 2009

yes you should

Sorabh Gupta (Manager ( Taxation )) (877 Points)
Replied 25 May 2009

Mr Rohan

In form 26Q only that party's details is required on whom TDS is deducted & paid . In case party is exempt from TDS then no need to file his details on te QTRLY return ...............

CA CS CIMA Prakash Somani (Landmark Group) (23502 Points)
Replied 25 May 2009

If there is no deduction of TDS then no ned to fill in details.

Rohan (employee) (45 Points)
Replied 25 May 2009

thanku all of u ....

I just need to clarify... because in e-tds 26Q return for 194A---- in annexures while filling up deductee details they have a column ( col.428/25 ) wherein it is mentioned that give Reason for No Deduction / Lower Deduction ( select A - u/s.197 and B - u/s.197A )....

so do we need to give details of depositors ( no tax deducted as received 15G/15H from them ) in the annexure and select B or we can just fill up details only of the deductees for whom tax has been deducted.

Ankit (NA) (38 Points)
Replied 25 May 2009

you should qoute in e-tds return that because of receiving 15G/15H from these deductors no tds has been deducted.........

Ankit (NA) (38 Points)
Replied 25 May 2009

you need not to fill these details if the deductee remains exempt from TDS even if he/she has not filed 15G/15H with the deductor....i.e. if the payment to deductee is out of the ambit of qualifying requiremnts of tds deduction....

but if the deductee is enjoying exemption only due to forem 15G/15H then you need to fill up the details....

CA Pankaj Khandelwal (CHARTERED ACCOUNTANT) (95 Points)
Replied 26 May 2009

no deduction of TDS,no ned to fill in details

SHILPA GUPTA (CA) (393 Points)
Replied 04 June 2010

Where to exactly fill this in TDS form

Ajay Pandey (Accounts & Finance) (51 Points)
Replied 13 July 2010

I also have the same Query related to Transporter with 0% Tds due to new Rule from 1st Oct 2009.

Should i have to furnish the details of Transporter in a Querter 1

Regards,

Ajay Pandey

Pankaj Adukia (Partner) (47 Points)
Replied 25 September 2010

For 15G or 15H

It need not be mentioned in eTDS Return form no. 26Q

Below is the link for the same

https://tin-nsdl.com/faqeTDSPreparation.asp

Should I file copies of certificate for no deduction or concessional deduction of tax along with the e-TDS/TCS return?

In case of salary e-TDS/TCS return (Form No. 24), you have to file certificate for no deduction or concessional deduction of TDS alongwith the e-TDS/TCS return. In case of non-salary (Form No. 26/27) you need not file certificates for no deduction or concessional deduction of TDS alongwith the e-TDS/TCS return. This is not required in case of any quarterly statements.