Tds challan

Yes shivani

2 separate challans will be prepared- for company deductee & non comapany deductee.

Yes, agree with Saloni.

Yes Ms. Saloni is right.

2 Seprate Challans Needed

Code for Company deductee is 0020

Code for Non Company deductee is 0021

 

2 separate challans are required

Yes shivani two sepreate challan are required in this case

ABC Limited can file single challan TDS on Rent

1. All company Deductees (category 0020)

2. All non-company Deductees (category 0021)

While making payment of Tax deducted at source (TDS) through online or physical challan no 281, you are required to choose one of the following categories for TDS payment:

1. Company Deductees – 0020

2. Non-Company Deductees – 0021

Regards

Manoj Sadaria

thank you all

I m ca final student.. cleared first group and appeared for second in may... :) what about you ???

Few things to know about TDS returns and TDS payment 1.There is no such relevance of deductee head while payment of online tds but still you have to mention it in challan you can pay tds for both corporate and non corporate deductee with one challan,but only while filling tds return you need to give type of deductee. 2. If you have mentioned wrong a.y. while payment of tds you can use that challan in any year tds return after 11-12 but within one year from that quarter in which you used it for first time. 3.If you have paid excess tds you can used that challan any no of times upto tds amount of challan. 4. If you have mention entire tds in income tax column of challan you can use that tax for cess, surcharge, interest, penalty late fees, while filling of tds return just mention the required amount in relevant colum. I have learnt these things from a TDS seminar,speaker CA. Deepak Bholusaria now sharing with you

We in our company always making payments with a single challan for all deductees for any particular section. There is no issue in using single challan.