Query - TDS Return

TDS 974 views 2 replies

Friends, pls clear my doubt:

1) In TDS Return filing software in the Challan and the Annexure sheet what do u mean by "Paid by Book Entry or Otherwise"? When we should select Yes or No?

2) In a particular quarter, if we have form 15G deductee details, how to mention it? Should we add blank challan and give that challan no in the annexure or is there any other method?

 

Thanks in advance

Replies (2)
Originally posted by : Krishna

Friends, pls clear my doubt:

1) In TDS Return filing software in the Challan and the Annexure sheet what do u mean by "Paid by Book Entry or Otherwise"? When we should select Yes or No?

2) In a particular quarter, if we have form 15G deductee details, how to mention it? Should we add blank challan and give that challan no in the annexure or is there any other method?

 

Thanks in advance


1. if the tax is deducted on "actual payment basis" then NO, if its done on only book entry and payment is made on later date, then YES.

2. TDS return is not related to form 15G, for form 15G you have to submit the same (form 15G - received and verfied)  to chief commissioner of IT, within 7th of next month (alike tds, but on monthly basis) 

Dear Sir,

Thanks a lot for your reply. In the annexure sheet, there is a column for Reason for Non or Lower deduction of TDS. Further options in that option is A or B.

We should select A if the party obtains certificate from ITO & B if the party submits Form 15G or 15H.

My query is if we have to submit only 15G deductee details in particular quarter, can we add blank challan to allocate a challan to deductee details.


Thanks in advance..


CCI Pro

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