Tds deposited but return not filled

TDS 2503 views 7 replies

As an employer, the income tax return for the Q4 of a FY is not filled, now the income tax department has intimated to an employee to deposit the actual tax payable during that particular financial year. While examining the case, i found out that the problem is due to non filling of the IT return for the 4th quarter. Now, my question is, as the TDS are regularly deposited  through bank challan in office TAN, so whether the IT department will be able to find out the exact record of the tax deposited exactly for any employee even if the return for a quarter is not filled. Please comment.

Replies (7)

Details of the deductee like name, PAN, amount, etc are entered in the TDS returns. And only after filing TDS returns, the TDS will be credited to the PAN of deductee.

File TDS returns for last quarter.

agree with mihir file return Q4 as early as possible

Originally posted by : Mihir

Details of the deductee like name, PAN, amount, etc are entered in the TDS returns. And only after filing TDS returns, the TDS will be credited to the PAN of deductee.

File TDS returns for last quarter.

AGREED                            

It is the responsibilty of Employer to file ITR for Employees. Now during ITR, if tax liability is more then Rs 10000, he will have to pay penalty as per rule 234 B & C. Who will pay for the same including late filing of ITR for last quarter ? 

Q -Now, my question is, as the TDS are regularly deposited  through bank challan in office TAN, so whether the IT department will be able to find out

the exact record of the tax deposited exactly for any employee

even if the return for a quarter is not filled. Please comment.

 

Reply- One  TDS challan can be  deposited  for all the deductees under the same TDS Section.
The department can verify by whom the TDS has been deposited

but it can not exactly find out for whom it has been deposited. For that TDS return is required to be filed by furnishing the relevant information about the deductees as well as income paid to them. 

 

agree with above on the basis of chllan it Not found any Record but on the basis of quarterly return It dept find to whom (employee)the tax is deducted

Certainly TDS deposited reflect the details of Employee so as to reflect in 26AS form


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