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24Q-eTDS-QLY-Returns..

Nag (IT) (77 Points)

02 October 2013

Hi all,

I have a doubt regarding eTDS 24Q Quarterly submission. We have not deducted Income Tax for sorme of our employees' salary in the Second quarter of 2013-2014 Financial year. They will attract Income Tax in the month of February or March - 2014 as their salary amount is less to attract IT right now.

My doubt is whether is it compulsory to show their records with NIL tax in eTDS Quarterly Returns for the second Quarter of 2013-2014 year ?

Any how we will show all employees earning and tax particulars in the last quarter of 2013-2014 in Annexure II. Kindly clarify my doubt.

Thank you,

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6 Replies

MD ISHAK ALI (STUDENT) (65 Points)
Replied 02 October 2013

Yes you have to file nil return for non tax deducted period. Even if you file return with tax amount later on.

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@VaibhavJ (Believe!! Live your dreams!) (33516 Points)
Replied 02 October 2013

Hi,

For those employee whom you have not deducted TDS there record should not appear in ETDS return.

If there is NIL tds deduction then you may file NIL return now or at the time when you will be filing ETDS return when ETDS is deducted 1st time.

Thanks!!

Nag (IT) (77 Points)
Replied 02 October 2013

Thank you. Just for further clarification... what I have understood is: If some xyz was paid 15000.00 salary for each month July,Aug and Sept-13 and no tax was deducted. At the same time Mr.abc was paid 50000 each month July,Aug and Sept-13 and tax deducted is 2000 each month. Then the eTDS quarterly returns for Q2 of 2013-2014 file will have only the tax deducted employee i.e., Mr.abc's records. Mr.xyz's record may appear as and when tax is deducted. Otherwise, if no tax is deducted we show his record in Q4 with nil tax returns. Ok sir.