What if form 16a not issued before due date
This query is : Resolved
02 November 2011
Dear Sir,
Please let me know what are the consequences if Form 16A not issued before due date.
Rgds,
Ramesh
Please let me know what are the consequences if Form 16A not issued before due date.
Rgds,
Ramesh
02 November 2011
Penalty of Rs 100 per day or the period of delay can
be levied.
TDS certificate should be issued within 1 month from the end of the month, in which tax has been deducted. However on receiving a written request before the first deduction, from the deductee, Annual TDS Certificate can also be issued.
be levied.
TDS certificate should be issued within 1 month from the end of the month, in which tax has been deducted. However on receiving a written request before the first deduction, from the deductee, Annual TDS Certificate can also be issued.
02 November 2011
Thanks Sir for your reply. But now as per my knowledge, the time limit is as follows:
Due date ETDS return 24Q, 26Q 27Q and Form16 ,Form 16A
Sl. No. Quarter ending From 01.11.2011 onwards Up to 30.10.11
Etds return Form 16A Etds return Form 16A
1 30th June 31st July 15th August 15th July 30th July
2 30th September 31st October 15th November 15th October 30th October
3 31st December 31st January 15th February 15th January 30th January
4 31st March 15th May 30th May (31st May for form 16) 15th May 30th May (31st May for form 16)
So there is no option now to issue Annual Certificate. We have to issue quarterly certificate.
Please confirm.
With warm regards,
Ramesh
Due date ETDS return 24Q, 26Q 27Q and Form16 ,Form 16A
Sl. No. Quarter ending From 01.11.2011 onwards Up to 30.10.11
Etds return Form 16A Etds return Form 16A
1 30th June 31st July 15th August 15th July 30th July
2 30th September 31st October 15th November 15th October 30th October
3 31st December 31st January 15th February 15th January 30th January
4 31st March 15th May 30th May (31st May for form 16) 15th May 30th May (31st May for form 16)
So there is no option now to issue Annual Certificate. We have to issue quarterly certificate.
Please confirm.
With warm regards,
Ramesh
02 November 2011
I could not understand the format properly.
Certificate can be issued only after depositing the e-TDS return.
Suppose you have deposited TDS Return on 02-11-2011, you may issue TDS Certificate till 31.12.2011.
Generally penalty is levied when deductee complains to the IT Department.
Certificate can be issued only after depositing the e-TDS return.
Suppose you have deposited TDS Return on 02-11-2011, you may issue TDS Certificate till 31.12.2011.
Generally penalty is levied when deductee complains to the IT Department.
02 November 2011
Thanks Sir. Sorry for the format. I got your point, Sir. This is as per notification 57/2011 dated 24.10.2011.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Inventory of finished goods
- Disallowance of Section 43B(h) to sez units
- RCM INVOICING FROM NOV-2024
- Confusion around Form 26QB fields
- GST Regis.
- Clarification on Documentation of Paid-Up Capital Contribution by Directors
- Quiery in relation to GST liability in case of an advocate who has obtained GST registration.
- Sale of property furniture sale
- REGARDING 25 AS DATE OF PAYMENT AND DATE OF BOOKING
- Tds on building rent monthly
- As per schedule III of balance sheet how to pass journal entry
- Is correct way to find out capital of individual on 31st March
- Individual capital equal to which assets of balance sheet
- LAST YEAR 2022-23 ITC IN NEXT YEAR 2023-24 REPORITNG IN GSTR-9
- MIS MATCH OF INVOICE NUMBER
- IGST Credit-Show cause notice issued-confusion
- Issue of gst e invoice
- How to adjusted advances given or receipt
- Foreign vendor without PAN unable to to register due to non receipt of OTP on foreign number ?
- 133(6) DIN INVALID format error - ->WHERE TO REPLY 133(6) notice?
Trending Online Classes
CAclubindia
