16 April 2012
Sir, In 24Q Annexure 2, we have entered Total Gross Salary paid to employee, but we have deducted tds on less salary. For example, the total salary paid is 3.00 lakh but the tds is deducted on 275000/- only. What should be shown in Annexure 2 of 24Q Q4 so that there will be no problem. Also send me the proforma of Form 16.Can it be downloaded from NSDL Site as 16A. Kindly support me and reply soon. Regards Sanjay
16 April 2012
if you query is for gross amount and less deduction
then you have to write Gross Salary amount Less Deduction u/s 10 and except 16ii & 16iii deduction even if you have not deducted proper tax the result will be the shortfall in deduction
so while deduct TDS all data need to confirm and check properly and deduct exact or some addition tax 100-500 will not be bother to you employee. they will collect excess deducted or deduction which not granted as deduction as refund by filing iT Return
but first responsibility is for Deductor to deduct 100% tax as per income.
CAclubindia
