Income tax payment

TDS 608 views 1 replies

I took over as DDO very recentlly(temporary) on retirement of an employee .  There was some problem in the system and around 60 employees TDS was less.  Whether they can pay the tax individually or the Company to PAY.  Whether TRACES required to be given as i have given the FORM-16 0N 14.04.2013.  I was on leave and reported recentlly and the employees informing they have not filed the tax because of this.  Your valued suggestion on this.

 

 

 

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Deductor is the person, who is making a payment to deductee. While making the TDS return, deductor should furnish the major details like:

  1. Contact Details: This basically includes the name and address of the Deductor
  2. Responsible person: The responsible person means [refer Section 206]
    1. The principal officer in the case of every company
    2.  The prescribed person as per Rule 36 in the case of “every local authority” or “other public body or association” or “every office of Government”
    3. Principal private employer [Including Firms/Partnerships/etc]
  3. TAN: It is mandatory for the person responsible to deduct tax, to have the Tax Deduction Account Number [TAN]. [refer Section 203A]
    1. Verifying correct TAN: To verify the TAN to be proper,
    1. Visit, https://incometaxindiaefiling.gov.in/knowtan/knowtan.jsp and verify it, either by TAN or name of the deductor.
  1. PAN: It is mandatory for all the deductors [other than government] to mention their PAN while preparing the Regular Return.

eductor:

Deductor is the person, who is making a payment to deductee. While making the TDS return, deductor should furnish the major details like:

  1. Contact Details: This basically includes the name and address of the Deductor
  2. Responsible person: The responsible person means [refer Section 206]
    1. The principal officer in the case of every company
    2.  The prescribed person as per Rule 36 in the case of “every local authority” or “other public body or association” or “every office of Government”
    3. Principal private employer [Including Firms/Partnerships/etc]
  3. TAN: It is mandatory for the person responsible to deduct tax, to have the Tax Deduction Account Number [TAN]. [refer Section 203A]
    1. Verifying correct TAN: To verify the TAN to be proper,
    1. Visit, https://incometaxindiaefiling.gov.in/knowtan/knowtan.jsp and verify it, either by TAN or name of the deductor.
  1. PAN: It is mandatory for all the deductors [other than government] to mention their PAN while preparing the Regular Return


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