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Paying of Tax - Reg.
Sir I am working in a bank in tamilnadu. In our branch as a manager I am responsible for payment of income tax by deducting salary of staffs in my branch. To pay tax online I am using Challan 281 and using TAN of my branch. But after that what should I do to bring that amount under PAN of my staffs i.e To show an entry in Form 26AS of my staffs. Also how could I create Form 16 with deductions mentioned by staffs? Awaiting reply, Thanks with regards ARULKUMAR
Replies (5)
You have to file TDS return of your branch and then apply for form 16 on traces
And Every Employer is supposed to submit form 16 to its employee by 31 May of the Assessment Year
https://www.hrblock.in/guides/form-16-income-tax-filing/
You need to file TDS return for each quarter. I would recommend you to consult any consultant and get his advice about how to proceed.
In case you wish to do it yourself, I would recommend this course for you: https://www.caclubindia.com/coaching/781-tds-and-tcs.asp
income tax details step by step written details gov salarie employs.
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