14 January 2010
my case is that from last quarter period 01/10/09 to 31/12/09, payment made by govt. to the employee of govt. school is after deducting tax & net payment received by employees. is now the principal of the school liable to furnish tds return.. if yes then what informaion may be filled in column of bsr code, challan serial no. or cheque no. plz urgently reply me. thanx....
14 January 2010
If the deduction & remittance of TDS is made by the Govt., the prinipal of the school is not liable to furnish any returns. It is the obligation of the deductor to remit the TDS to the Govt. & also to issue TDS Certificate in Form 16 or Form 16A, as the case may be.
15 January 2010
Yes, he is liable to file tds return, while preparing the TDS return if you selecting Govt. sector and there is option called Book transfer , if you say yes in the column book transfer no need to give the Chq,BSR numbers
CAclubindia
