A typical Form 16A for professional contains multiple rows of payment as Employer (deductor) makes payment at different dates.
Now when we are filling this detail in ITR4 - Schedule TDS2, do we enter just a one line giving details of the deductor and sum of amounts or do we have to give detail breakup of payment as given in Form 16A?
Thanks!
Dear Dr. Jones,
Instructions for filing ITR forms clarifies this thing that details are to be furnished in respect of each certificate.
I would say better is to give in respect of each deduction..since instruction also specifies that a separate annexure may be attached with this statement.
https://law.incometaxindia.gov.in/DITTaxmann/IncomeTaxRules/pdf/ay2008-09/InstructionsITR-2.pdf
Agreed with Amir Sir
May be I did not explain correctly.
What I meant was : do we have to show one line per deductor (i.e. Summarized one line per Form 16A) or one line for each payment made for each of the deductor.
Thanks!
one line for each payment made for each of the deductor.
regards,
ratan
Dear Dr. Jones,
I did get ur query in the first place itself.
Thats what I said that Details should be given in respect of each deduction of a TDS Certificate.
and the above info should be given in respect of each TDS certificate(in case there are more then 1)
I hope now it is clear......
Details of all Form 16 A should be given.
regards,
ratan
Yes, I could not understand in the first place.
Got it now...!
Thank you solving all my doubts!
God Bless You.
| Originally posted by : Amir | ||
 |
Dear Dr. Jones, Instructions for filing ITR forms clarifies this thing that details are to be furnished in respect of each certificate. I would say better is to give in respect of each deduction..since instruction also specifies that a separate annexure may be attached with this statement. https://law.incometaxindia.gov.in/DITTaxmann/IncomeTaxRules/pdf/ay2008-09/InstructionsITR-2.pdf |
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Just one thing...as per the instructions given by the link you provided...it says:
(iii) It may please be noted that the TDS certificates are NOT to be annexed with the Return Form.
Dear Sir,
Absolutely TDS certificates neither in original nor in duplicate are to be annexed with the ITR,
A statement is to be prepared by the assesee in the format given in TDS 2 Section where number of entries in the TDS Certificates are more then the space/rows provided in the ITR..
Original TDS Certificates or Copy thereof are not required to be annexed with the return, assessee has to prepare a statement of Tax deducted as per the TDS certificates as per the prescribed format and such format shuld only be annexed with the return.
regards,
ratan
Dear Sir
Instead of going for hard ship, better to enclsoe tax deduction certificates.
Regards CA Dhaval Shah
| Schedule TDS2 | Details of Tax Deducted at Source on Income [As per FORM 16 A issued by Deductor(s)] |
||||||||||
| Sl No |
Tax Deduction Account Number (TAN) of the Deductor |
Name of Deductor | Unique TDS Certificate Number | Unclaimed TDS brought | forward (b/f) | TDS of the current fin. Year | Amount out of (6) or (7) (only if corresponding for tax this year) |
being claimed this Year income is being offered |
Amount out of (6) or (7) being carried forward | ||
| 1 | 2 If no entry is made in this column, then columns (3) to (7) will not be considered for that row |
3 | 4 | Financial Year in which TDS is deducted 5 |
Amount b/f 6 |
7 | In own hands 8 |
In the hands of spouse, if section 5A is applicable 9 |
10 | ||
| 1 | LKNL01049G | Life Insurance Corporation of Inida | 2013 | 12860 | 0 | 12860 | |||||
| 2 | 0 | 0 | |||||||||
| 3 | 0 | 0 | |||||||||
| 4 | 0 | ||||||||||
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