24q quarter 4

This query is : Resolved

RAKESH (Querist)
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11 May 2016 IF an Employee worked the company during the first quarter and transfer to other place and TDS was deducted and filed the return accordingly. On filing 4th quarter return How can I show this employees Details in Anexure II.
Say First quarter salary is 100000 and TDS was 3000

Suresha R

Suresha R (Expert)
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11 May 2016 Salary of Q1+Q2+Q3+Q4 & TDS amount, Note : - no problem if employee transferred to other company or etc.,

Best Regards,
Suresh & Associates
No.15/2, (15/36), 1st Floor,
Palm Grove Cross Road,
Victoria Layout,
Bangalore - 560047
Mob : 88843 55543
Phone : 080 4112 0431

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RAKESH

RAKESH (Querist)
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11 May 2016 Thank you sir
We Knows the first quarter details about such employees , if I show say Rs. 100000 under taxable amount on which tax payable by Employer then the entire 3000 will be excess tax deduction?
Please clarify

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Murtaza I Bhagat

Murtaza I Bhagat (Expert)
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11 May 2016 I think if an employee worked in Q1 and transferred to other place from Q2 and if you have filed tds details in Q1 then you don't have file Annex.II in Q4 . It will be shown by company where that employee have completed March. In Annex. II where previous employee salary & tds & current employee salary & tds have to merge.

RAKESH

RAKESH (Querist)
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11 May 2016 Then Anexure II have to be filled with employees those who have worked on 31st March? i.e Transfer out Employees need not be shown?

Murtaza I Bhagat

Murtaza I Bhagat (Expert)
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11 May 2016 Yes no need to file Annex. II for that employee.

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Rupesh Jain

Rupesh Jain (Expert)
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13 May 2016 its my opinion all employee will come even he work one days in that year and you dedutct the tax olr not , it is summary of income and deduction, investment and tds.