TDS

TDS / TCS 932 views 1 replies

Dear Sir,

 

 

 

Income Tax First Amedment Rule,2010 issued on 18.02.2010 stated: in the case of employee who's salary income does not exceeds Rs. 150000/- then employer can issue to employee form no 16AA. whether

it is ncessary to issue the relevant form to an employee or Form no 16AA can statement of Income cum

return of Income of the assessee.

 

can it is necessary to company to furnished the salary details of those employees who's salary income

before deduction u/s 16 does not exceeds Rs. 150000/- in our quarterly TDS return.

 

 

Please clarify.

 

Thanks

Parmod


 

Replies (1)

Dear

Parmod Sir

It is practice that while filling e-TDS return 24Q (Salary) details of all the employees are filled whether dts deducted or not. than to issue 16 to all.

but in case of 26 Q before issueing 16 AA, 26aq has to be filled


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