Dear All,
Actually we are deducting tds on prof for 2 parties for Rs.5000 & 4499 respectively. And dd taken for Rs.9449. We are filled the challan 281 for total Rs.9449. Can we give form 16 to 2 parties?
Advance Thanks & Regards
Sathis
sathis (accounts executive) (311 Points)
08 December 2009Dear All,
Actually we are deducting tds on prof for 2 parties for Rs.5000 & 4499 respectively. And dd taken for Rs.9449. We are filled the challan 281 for total Rs.9449. Can we give form 16 to 2 parties?
Advance Thanks & Regards
Sathis
Prabeer
(B. COM (H) CA & CS Final)
(5484 Points)
Replied 08 December 2009
Dear Mr. sathis
I think ur talking about non-salary deductees and in that case you have to issue Form 16A. And yes you can issue two separate Form 16A to two parties indicating the amount paid, amount deducted and all the challan details.
For format of Form 16A please visit www.incometaxindia.gov.in .
Ram Avtar Singh
(Nagari Sultanpur U.P.Delhi)
(14487 Points)
Replied 08 December 2009
when you file TDs return and provide detail of TDS by Pan No. for both party in return. then you can issue form 16A to both party.
SAJJAN KUMAR
(ACCOUNTANT)
(22 Points)
Replied 08 December 2009
yes u can issue Form No. 16A to both party
Shudhanshu Agrawal
(Business)
(2570 Points)
Replied 08 December 2009
| Originally posted by :Ram Avtar Singh | ||
| " | when you file TDs return and provide detail of TDS by Pan No. for both party in return. then you can issue form 16A to both party. | " |
If in the TDS return (26Q) u have mentioned PAN no. of both the parties then only u can issue seprate Form 16A
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