Regarding Form 24Q TDS
Mihir Arora (Article) (24 Points)
06 June 2020
Whether it is mandatory for the employers to enter the details of zero tax deducted employees form 24Q ?
7 Replies
Mihir Arora
(Article)
(24 Points)
Replied 06 June 2020
Thanks
But can you can provide any reference of rules prescribed under income tax for same.
But can you can provide any reference of rules prescribed under income tax for same.
Kaushik Joshi
(Practising Chartered Accountant)
(1527 Points)
Replied 07 June 2020
You cannot add the employees in form 24Q whose tax is not deducted.
in a case where none of the employees are eligible to tax deduction, you cannot file form 24Q. the utility will give payment error.
in a case where none of the employees are eligible to tax deduction, you cannot file form 24Q. the utility will give payment error.
yash varshney
(Pro)
(248 Points)
Replied 07 June 2020
Dear kaushik how can we correct this error I also have the same problem as I have deductee to whom I have to issue form 16 but no tds has been deductable I don't have challan to tag them kindly guide me
Kaushik Joshi
(Practising Chartered Accountant)
(1527 Points)
Replied 08 June 2020
Dear Yash,
In that case I'd recommend you to download and use the .tx FORM 16 fillable file format available on the income tax website.
following is the link for the same:
https://www.incometaxindia.gov.in/pages/downloads/most-used-forms.aspx
please note that you need to download and install the income tax form opener utility first. its link is in the first row on the above page.
Hope this helps.
yash varshney
(Pro)
(248 Points)
Replied 08 June 2020
Dear Kaushik ji,
It means i have to manually issue form 16?? correct me if i am wrong..
Kaushik Joshi
(Practising Chartered Accountant)
(1527 Points)
Replied 08 June 2020
Yes Sir since the same cannot be generated by TRACES.
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