TDS PAYMENT REGARDING

FOR A COMPANY , ONE PERSON ONLY TAX LIABILITY OF 28000/-

IF I MAKE PAYMENT CAN I CHOOSE FORM 281 FOR PAYMENT,WITH 0020 CODE - TAX APPLICABLE FOR COMPANY AND 200 PAYMENT CORRECT?

Replies (4)
Quick Summary
This discussion clarifies the correct procedure for a company making a TDS payment for an individual employee's tax liability. It confirms that Challan 281 is the appropriate form for this purpose. The correct codes to use are 0020 for company tax applicability and 200 for the type of payment.

Query is not cleared...!

SIR, FOR TDS PAYMENT FOR EMPLOYEE,

ONE EMPLOYEE ONLY LIABLE TO PAY TAX, FOR THAT I WANT TO PAY TDS PAYMENT FROM THE COMPANY,

CAN I CHOOSE  CHALLAN 281 FOR TDS-  CODE 0020 FOR TAX APPLICABILITY, CODE 200 FOR TYPE OF PAYMENT.

IS IT CORRECT SIR?

0021 - Non Company deductee
200 - TDS/TCS Payable by Taxpayer
Yes Raja sir told is correct

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