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Query on quoting of Quarterly receipt no. on form-16

TDS / TCS 746 views 2 replies

Hi,

Help me in understanding the correct meaning of  this

 "receipt numbers of all the relevant quarterly statements in case the statement referred to in clause (i) is for tax deducted at source from income chargeable under the head "Salaries".

My confusion is whether we have to quote all 4 quarters receipt no's on Form-16, eventhough the employee doesn't have the tax deduction in first two quarters.  Or shall we have to quote only those quarterly receipt no's where tax deduction is happend.

Please someone clarify.

Thanks

Anand

Replies (2)

There is no big issue on deciding on whether to quote Receipt numbers of all quarters or single quarter .. if you have filed returns and have number for all 4 quarters then, quote it on all TDS certificates you issue. Don't wate time in segregating whether TDS for that deductee is covered in that quarter or not...

put all 4 receipt no on form 16


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