form 26as actually shows what are the financial transaction exactly??
here tax deduction at source detector details is showned
here what is mean by Tax amount paid/credited???
credited means what actually please explain elabrotely
Menu
Form 26 As query help me
Replies (6)
26AS shows Tds , Tds , Advance Tax , Refund paid details and also financial transactions like sale of house , purchase of house , Buy and redemption of mutual funds , Dividend, interest etc
Dear eswar Reddy sir here amount paid or credited means???
Tds to be deducted amount paid or account credited whichever occurs earlier.
@ MPR Sanjay Kumar,
Amount paid means the actual payment from bank or cash ,
Amount credited means , full invoice value
Amount paid means the actual payment from bank or cash ,
Amount credited means , full invoice value
@ eswar Reddy sir for an example IAM paying dividend to my shareholder so TDS applicable 10% of exceed 5000
Sixthousand * 10% = 600 TDS amount
So remaining five thousand four hundred IAM paying to my share holder
So here how it will reflect in form 26 AS....
5000/- will be amount paid / credited
Since 4500 + 500 ( Total amount paid or credited 5000/-)
Recent Threads
- Max FD super senior citizen can make.
- Capital Gains Tax Bonds
- Timing difference in availment of ITC reporting in
- Import of goods and igst related
- DGFT licence port mismatch with Postal (PAD) impor
- Tax on sale property (Land)
- Recruitment for Jr.Accountant.
- Refund of tax paid earlier
- WHY and which ITR just to declare company shares ?
- Contribution to political party
Related Threads
CAclubindia
