ETDS 26Q 2020-2021

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Manager - Finance & Accounts
290 Points Posted on 09 July 2020
Dear Sir/Madam,

while filing eTDS returns, do we need to also include expenses which are below threshold limits ? like professional fees paid 5k in this quarter to X person ?

please confirm.

Regards,
Asha
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On 09 July 2020 at 11:08 Report
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Quick Summary
This discussion addresses whether expenses below the TDS threshold limits, such as professional fees under £5,000, need to be reported when filing eTDS returns for the 26Q form in 2020-2021. The consensus is that if no TDS has been deducted from these expenses, they do not need to be included in the eTDS return. However, a query was raised about potential recent amendments to the form.

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Chartered Accountant
4524 Points Posted on 09 July 2020
Assesses is liable to file e TDS return if TDS is deducted from the expenses. There is no need to include those expensea which are below threshold limit and TDS not deducted.
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On 09 July 2020 at 11:35
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Manager - Finance & Accounts
290 Points Posted on 09 July 2020
Ok thank u, but I guess recently they amended the form
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On 09 July 2020 at 11:41

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