issue ragarding ETDS 24Q

TDS 1380 views 4 replies
FREINDS,

IF SALARY OF A IS RS.105000/- AND ALLOWANCES EXEMPT U/S 10 IS RS.10000/- THEN WHETHER THIS IS TO BE INCLUDED IN FILING 4 TH QTR ETDS 24Q OR ONLY THOSE EMPLOYEES ONLY TO BE ADDED WHOSE INCOME CHARGEABLE UNDER HEAD OF SALARY EXCEEDS 100000/-????

PLS ITS URGENT

ANKUR
Replies (4)
Ankur,

U do not need to file 24Q, as the same is filed only when taxable income after all deduction. fOR UR REFERENCE i AM quoting the point from the FAQ in the NSDL site .
Form No. 24Q, should the particulars of even those employees be given whose income is below the threshold limit or in whose case, the income after giving deductions for savings etc. is below the threshold limit?
Ans. (i) Particulars of only those employees are to be reported from the 1st quarter onwards in Form No. 24Q in whose case the estimated income for the whole year is above the threshold limit.
(ii) In case the estimated income for the whole year of an employee after allowing deduction for various savings like PPF, GPF, NSC etc. comes below the taxable limit, his particulars need not be included in Form No. 24Q"

I hope u r answered
i am filling etds for Q1 IN 24Q. I HAVE TOTAL 10 EMPLOYEE. fROM THEM 8 PERSON TDS DEPOSITED BY BOOK ENTRY NAD FOUR PERSON'S TDS BY SEPRET CHALLEN. sP IN CHALLEN COLLUM HOW MANY CHALLEN NO SHOUD I MAKE??? IS IT FOUR?? SHOUL I MAKE THERE DIFFRENT ETDS?? MY SCHOOL IS NON GOVERNMENT SCHOOL. AND THAT FOUR PERSON HAS NO TDS IN APR AND MAY WHAT SHOUD I MAKE THEIR ENTRY IN ANNEXURE 1?? OR I SHOUD MAKE 10 PERSON ENTRY THEN 6 PERSON AND THEN 6 PERSON??
HW to file eTDS

can anybody tell me that whether filing of etds returns is mandatory for Firms.


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