Hi
I was trying to fill 24Q in RPU 3.4 (e-TDS return preparation utility) with I being a company as a deductor.
I was filling 24Q for Quarter 4.
Question 1.
If salary is due by the 31st of march every month and payable on 7th of the following month, then how many rows shall I insert in the Challan tab.
I feel 3 rows should be inserted as Company will be using one challan form per month for all its employees.
Am I right?
Question 2
TDS on salary is calculated after considering cesses.
So say income tax payable of my 10 employees is Rs. 10000. Now considering cesses of 3%. Total income tax liability is of 10300. Hence TDS to be deducted each month of all 10 employees is 10300/12 = 858.33
Now in challan tab coloumn 4 is of TDS and column 6 is of education cess.
What shall I fill in this columns.
In my view
Column 4 TDS Rs. 833 (i.e. 858.33/1.03)
Column 6 E.Cess Rs. 25 (I.e. 858.33/1.03 *0.03)
Question 3
In column 15, it says Date on which tax deposited.
Now TDS needs to be deposited by the 7th of every month.
Since I am filling return for 4th quarter (Jan 13 to mar 13) I feel the dates should be
07/01/13 for challan 1
07/02/13 for challan 2
07/03/13 for challan 3
Am I right?
Question 4
From where do we get this challan so that I can put Challan serial number in column 17?
Shivani
shivaniadream @ gmail.com
CAclubindia
