Why we need to file seprately Form26Q & Form27Q forqurterly returns in TDS
Why we need to file seprately Form26Q & Form27Q forqurterly returns in TDS
The difference is in the nature of payment or the status of recipient:-
Form 26 Q is meant for PAYMENTS (OTHER THAN SALARY) TO RESIDENTS
Form 27 Q is maent for PAYMENTS (OTHER THAN SALARY) TO NON RESIDENTS
Form 24 Q is meant for PAYMENTS FOR SALARY (RESIDENTS AS WELL AS NON RESIDENTS)
because it is a rule made by IT-department
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