Tds 24 q 4th quarter

This query is : Resolved 

15 May 2014 while filling form 24Q i hv taken sec16(iii) exmptn in sec16(ii) ,....so wt will happn??

15 May 2014 it doesn't affect the tax liability but you should have to write amount in sec 16(iii) by doing revise return.

15 May 2014 there wont be any issue only if the deductor is a govt deductor. for non-govt deductors 16(ii) wont apply and hence deduction may be disallowed in the tds return.




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