TaxTMI 
TaxTMI 
TaxTMI 
Quarterly Statement of deduction of tax under sub-section (3) of section 200 of the Income-tax Act in respect of salary for the quarter ended .............. (June/September/December/March) ................. (Financial Year)
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.... 2. Particulars of the Deductor (employer) (a) Name of the employer (b) If Central/State Government Name (See Note 3) AIN Code of PAO/TO/CDDO (c) TAN Registration No. (d) Address Flat No.. Name of the premises/building Road/Street/Lane Area/Location Town/City/District State PIN Code Telephone No. Alternate telephone No. (See Note 4) Email Alternate email (See Note 4) 3. Particulars of the person responsible for deduction of tax: (a) Name (b) Address Flat No. Name of the premises/building Road/Street/Lane Area/Location Town/City/ District / State PIN Code Telephone No. Alternate telephone No. (See Note 4) Email Alternate email (See Note 4) Mobile No. 4. Details of tax deducted and paid to the credit of the Central Government: Sl. No. Tax Surcharge 5[Health and Education Cess] Interest Fee (See Note 12) Penalty/ Others Total amount deposited as p....
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....umber and alternate email, please furnish the telephone number and email of a person 3ho can be contacted in the absence of deductor or person responsible for deduction of tax. 5. Fee paid under section 234E for late filling of TDS statement to be mentioned in separate column of' Fee(column306) 6. In column308, Government DDOs to mention the amount of TDS remitted by the PAO/TO/CDDO. Other deductors to write the exact amount of TDS deposited through challan. 7. In column 309, Government deductors to write "B" where TDS is remitted to the credit of Central Government through book adjustment. Other deductors to write "C". 8. Challan/Transfer Voucher (CIN/BIN) particulars, i.e. 310, 311, 312 should be exactly the same as available at Tax Information Network. 9. In column 313, mention minor head as marked on the challan. ANNEXURE - I: DEDUCTEE WISE BREAK UP OF TDS (Please use separate Annexure for each line - item in the table at Sl. No. 04 of main Form 24Q) Details of salary paid and tax deducted there from from the employees BSR Code of branch/Receipt Number of Form no. 24G Date on which challan deposited/Transfer voucher date (dd/mm/yyyy) Challan Seria....
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....en given by the Assessing Officer for deduction of tax at lower rate under section 197. PAN of employee is mandatory in such cases. 2 Write "B" if certificate has been given by the Assessing Officer for no deduction of tax under section 197. PAN of employee is mandatory in such cases. 3 Write "C" if deduction is on higher rate on account of non-furnishing of PAN by the deductee. 4 List of section codes is as under: Section Nature of Payment Section Code 192 Payment to Government employees other than Inion Government employees 92A 192 Payment to employees other than Government employees 92B 192 Payment to Indian Government employees 92C 194P Payment to Specified Senior Citizen 94P 7[Annexure II Details of salary paid or credited during the financial year ...............................and net tax payable (under section 192) Serial number. Permanent Account Number of the employee. Name of the employee. Whether opting out from taxation u/s 115BAC(1A) [Yes/No] Deductee type (Senior Citizen, Super Senior Citizen, Others). Date from and date up to employed with current employer in the current financial year (dd/mm/yyyy). (a) Gross Sala....
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.... Deductible amount Gross amount Deductible amount Gross amount Deductible amount (349) (350) (351) (352) (353) (354) (355) (356) (357) (358) (359) (360) (361) Deduction in respect of amount paid or deposited under notified pension scheme under section 80CCD(1B). Deduction in respect of contribution by employer to notified pension scheme under section 80CCD(2). Deduction in respect of contribution by the employee to Agnipath Scheme under section 80CCH Deduction in respect of contribution by the Central Government to Agnipath Scheme under section 80CCH Deduction in respect of health insurance premia under section 80D. Deduction in respect of interest on loan taken for higher education under section 80E. Total deduction in respect of donations to certain funds, charitable institutions, etc. under section 80G. Deduction in respect of interest on deposits in savings account under section 80TTA. Amount deductible under any other provision (s) of Cha....
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....bsp; Notes: 1. Salary includes wages, annuity, pension, gratuity (other than exempted under section 10(10), fees, commission, bonus, repayment of amount deposited under the Additional Emoluments (Compulsory Deposit) Act, 1974 (37 of 1974), perquisites, profits in lieu of or in addition to any salary or wages including payments made at or in connection with termination of employment, advance of salary, any payment received in respect of any period of leave not availed (other than exempted under section 10 (10AA), any annual accretion to the balance of the account in a recognised provident fund chargeable to tax in accordance with rule 6 of Part A of the Fourth Schedule of the Income-tax Act, 1961, any sums deemed to be income received by the employee in accordance with sub‐rule (4) of rule 11 of Part A of the Fourth Schedule of the Income-tax Act, 1961, any contribution made by the Central Government to the account of the employee under a pension scheme referred to in section 80CCD or any other sums chargeable to income-tax under the head 'Salaries'. 2. Where an employer deducts from the emoluments paid to an employee or pays on his behalf any contr....
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....bsp; Deduction in respect of donations to certain funds, charitable institutions, etc. u/s 80G Deduction in respect of interest on deposits in savings account u/s 80TTB Amount deductible under any other provision of Chapter VI-A Gross amount Qualifying amount Deductible amount Gross amount Qualifying amount Deductible amount Section code (see note 1) Gross amount Qualifying amount Deductible amount (416) (417) (418) (419) (420) (421) (422) (423) (424) (425) Aggregate of deductible amount under Chapter VI-A Total Taxable income Tax on total income Rebate under section 87A, if applicable Surcharge. wherever applicable Health and Education cess Tax payable Relief under section 89 Net tax payable (426) = (409) + (411)+ (413)+ (415)+ (418)+ (421)+ (425) (427) = (402) -(426) (428) (429) (430) (431) (432) = (428) + (430) + (431)-(429) (433) (434) &n....
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....ether opting for taxation u/s 115BAC [Yes/No] Deductee type (Senior Citizen, Super Senior Citizen, Others) Date from and date up to employed with current employer in the current financial year (dd/mm/yyyy) (a) Gross Salary as per provisions contained in section 17(1) (b) Value of perquisites under section 17(2) (as per Form No.12BA, wherever applicable) (c) Profits in lieu of salary under section 17(3) (as per Form No.12BA, wherever applicable) Total amount of gross salary received from current employer (see Note 1 for definition of Salary). (330) (331) (332A) (332B) (333) (334) (335) (336) (337) (338) Reported total amount of salary received from other employer(s) (see Note 1 for definition of Salary) Travel concession or assistance under section 10(5) Death-cum-retirement gratuity under section 10(10) Commuted value of pension under section 10(10A) Cash equivalent of leave salary encashment under section 10(10AA) House rent Allowance under section 10(13A) PAN of landlord, if exemption is clai....
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....n 80TTA. Amount deductible under any other provision (s) of Chapter VI‐A. Total amount deductible under Chapter VI‐A [357 +359 +361 (limited to Rs. 1,50,000) + 363 +365 +367+ 369+ 372+ 375+ 378]. Gross amount Deductible amount Gross amount Qualifying amount Deductible amount Gross amount Qualifying amount Deductible amount Gross amount Qualifying amount Deductible amount (368) (369) (370) (371) (372) (373) (374) (375) (376) (377) (378) (379) Total taxable income (355 -379). Income-tax on total income. Rebate under section 87A, if applicable. Surcharge, wherever applicable. Health and education cess. Income‐tax relief under section 89, when salary, etc. is paid in arrear or advance. Net tax liability [381 +383 +384- (382+ 385)]. Total amount of tax deducted at source by the current employer for the whole year [aggregate of the amount in columns 325 of Annexure I for all the quarters in respect of each employee]. Reported amount of tax ....
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....ication No. 112/2024 dated 15-10-2024 before it was read as, "or deductor(s)" 10. Inserted vide Notification No. 112/2024 dated 15-10-2024 11. Inserted vide Notification No. 112/2024 dated 15-10-2024 12. Inserted vide Notification No. 112/2024 dated 15-10-2024 ============= Document 1 INCOME-TAX RULES, 1962 "FORM NO. 24Q [See section 192 and rule 31A] Quarterly Statement of deduction of tax under sub-section (3) of section 200 of the Income tax Act in respect of salary for the quarter ended. 1. (a) Tax Deduction and Collection Account Number(TAN) (b) Permanent Account Number(PAN) [See Note 1] (c) Financial Year 2. Particulars of the Deductor (employer) (a) Name of the employer (b) If Central/State Government Name (See Note 3) AIN Code of PAO/TO/CDDO (c) TAN Registration No. (d) Address Flat No. Name of the premises/building Road/Street/Lane Area/Location Town/City/District State PIN Code Telephone No. Alternate telephone No. (See Note (June/September December March).. (d) Has the statement been filed earier for this quarter (Yes/No) (e) If answer to (d) is "Yes", then Token No. of original ....
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....DS remitted by the PAO/CDDO/DTO. Other deductors to write the exact amount of TDS deposited through challan 7. In column 309, Government deductors to write "B" where TDS is remitted to the credit of Central Government through book adjustment. Other deductors to write "C". S. Challan / Transfer Voucher (CIN/BIN) particulars, ie. 310, 311,312 should be exactly the same as available at Tax Information Network. In column 313, mention minor head as marked on the challan BSR Code of branch/ Receipt Number of Form No.24G ANNEXURE-I-DEDUCTEE WISE BREAK UP OF TDS (Please use separate Annexure for each line item in the table at Sl. No. 04 of main Form 24Q) Details of salary paid and tax deducted therefrom from the employees Date on which challan deposited/Transfer voucher date (dd/mm/yyyy) Challan Serial Number / DDO Serial No. of Form No.24G Amount as per Challan Total TDS to be allocated among deductees as in the vertical total of col. 326 Total Interest to be allocated among dedactees below Name of the Employer TAN SL No. Employee reference number provided by employer, if PAN of the employee Name of the employee Section Date of Date of Amount Code payment dedu....
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....lue of retireme pension Cash equiva- lent of nt under leave under from other under gratuity section salary section under employer(s) section under 10(10A). encash- 10(13A). section (see Note 1 10(5). section ment 10(13A) for definition 10(10). under (see Note 3). House rent PAN of landlord, if exemption allowance is claimed Amount of any other exemption under section 10. Total amount of exemption Total deducti on claimed under under section section 10 16(ia). (340+341+3 42+343+34 of Salary). section 10 4+346). (10AA). (339) (340) (341) (342) (343) (344) (345) (346) (347) (348) Total deduction Total deduction under under Income chargeable under the section section head 16(ii). 16(iii). "Salaries" Income (or admissible loss) from house PAN of lender, if interest on Income under the head other Gross total income (351+352+ 354). [338+339- (347+348+ 349+350)]. property reported by housing loan is claimed offered for TDS sources under employee section as per section offered 24(b) 192 under 80CCC. section 80C. for TDS (see (2B). Deduction in respect of life ....
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.... 1974), perquisites, profits in lieu of or in addition to any salary or wages including payments made at or in connection with termination of employment, advance of salary, any payment received in respect of any period of leave not availed (other than exempted under section 10 (10AA)), any annual accretion to the balance of the account in a recognised provident fund chargeable to tax in accordance with rule 6 of Part A of the Fourth Schedule of the Income-tax Act, 1961, any sums deemed to be income received by the employee in accordance with sub-rule (4) of rule 11 of Part A of the Fourth Schedule of the Income-tax Act, 1961, any contribution made by the Central Government to the account of the employee under a pension scheme referred to in section 80CCD or any other sums chargeable to income-tax under the head 'Salaries'. 2. Where an employer deducts from the emoluments paid to an employee or pays on his behalf any contributions of that employee to any approved superannuation fund, all such deductions or payments should be included in the statement. 3. Permanent Account Number of landlord shall be mandatorily furnished where the aggregate rent paid during the previous ....
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....ils for the whole financial year. Verification I, Place: transfer voucher (See Note 8) (312) Minor Head of Challan (See Note 9) [313] hereby certify that all the particulars furnished above are correct and complete. Signature of the person responsible for deducting tax at source Name and designation of the person resposible for deducting tax at source Date: Notes: 1. It is mandatory for non-Government deductors to quote PAN. In case of Government deductors, "PANNOTREQD" should be mentioned. 2. Please indicate Government deductor or non-Government deductor. 3. In case of Central Government, please mention name of Ministry/Department. In case of State Government, please mention name of the State. 4. In alternate telephone number and alternate email, please furnish the telephone number and email of a person who can be contacted in the absence of deductor or person responsible for deduction of tax. 5. Fee paid under section 234 E for late filling of TDS statement to be mentioned in separate column of 'Fee' (column 306) 6. In column 308, Government DDOs to mention the amount of TDS remitted by the PAO/CDDO/DTO. Other deductors to write the exact amount of TDS depos....
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....on Nature of Payment Section Code 192 Payment to Government employees other than Union Government employees 92A 192 Payment to employees other than Government employees 92B 192 Payment to Union Government employees 92C ANNEXURE II Details of salary paid/credited during the financial year .and net tax payable Serial Perma Name Write Date from Taxab Num nent of the "S" for amd date up le Reporte d ber Accou nt emplo yee reside to employed Amou taxable Total amou nt of Total Total Income Income Gross Aggreg Amou deduct deduct charge ion ion able (Includ total ing ate nt Total amoun Total Inco taxabl me Surcha Edu rge inco nt with current nt on amount salary under under under admiss me amount of deduct ible t Numbe r of the employ ee individ employer in which on (See sectio sectio the ible (Tota deducti under ual who is the current financial tax is which Note n n head loss 1 of deduct tax is 1) ( 16(ii) 16(iii) "Salari from colu ons admissi any deduct ible under e incom tax on ca- tion Income -tax relief cess under e total section (Tota (Colu inco other C....
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....ges including payments made at or in connection with termination of employment, advance of salary, any payment received in respect of any period of leave not availed [other than exempted under section 10 (10AA)], any annual accretion to the balance of the account in a recognised provident fund chargeable to tax in accordance with rule 6 of Part A of the Fourth Schedule of the Income-tax Act, 1961, any sums deemed to be income received by the employee in accordance with sub rule (4) of rule 11 of Part A of the Fourth Schedule of the Income tax Act, 1961, any contribution made by the Central Government to the account of the employee under a pension scheme referred to in section 80CCD or any other sums chargeable to income-tax under the head 'Salaries'. 2. Where an employer deducts from the emoluments paid to an employee or pays on his behalf any contributions of that employee to any approved superannuation fund, all such deductions or payments should be included in the statement. "; Document 3 (b) for Form No.24Q, the following Form shall be substituted, namely :— "Form No. 24Q [See section 192 and rule 31A] Quarterly Statement of deduction of tax under sub-sect....
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....……………………………., hereby certify that all the particulars furnished above are correct and complete. Place: ………………………………………. Signature of the person responsible for deducting tax at source Date: ………………………………………. Name and designation of the person resposible for deducting tax at source Notes: 1. It is mandatory for non-Government deductors to quote PAN. In case of Government deductors,"PANNOTREQD" should be mentioned. 2. Please indicate Government deductor or non-Government deductor. 3. In case of Central Government, please mention name of Ministry/Department. In case of State Government, please mention name of the State. 4. In alternate telephone number and alternate email, please furnish the telephone number and email of a person who can be contacted in the absence of deductor or person responsible for deduction of tax. 5. Fee paid under section 234 E for late filling of TDS statement to be mentioned in separate ....
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....¦â€¦â€¦â€¦â€¦â€¦â€¦â€¦â€¦â€¦. Date: ………………….. Name and designation of the person responsible for deducting tax at source ……………………………………………………….. Notes: 1. Write "A" if certficate has been given by the Assessing Officer for deduction of tax at lower rate under section 197. PAN of employee is mandatory in such cases. 2. Write "B" if certficate has been given by the Assessing Officer for no deduction of tax under section 197. PAN of employee is mandatory in such cases. 3. Write "C" if deduction is on higher rate on account of non-furnishing of PAN by the deductee. 4. List of section codes is as under: Section Nature of Payment Section Code 192 Payment to Government employees other than Union Government employees 92A 192 Payment to employees other than Government employees 92B 192 Payment to Union Government employees 92C ANNEXURE II Details of salary paid/credited during the financial year…………………â....
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....€¦â€¦â€¦â€¦â€¦â€¦â€¦â€¦â€¦â€¦â€¦â€¦â€¦â€¦â€¦â€¦â€¦â€¦â€¦â€¦â€¦â€¦â€¦â€¦â€¦â€¦â€¦â€¦â€¦â€¦â€¦â€¦â€¦â€¦ Date: ……………………………….. Name and signature of the employer/ person responsible for paying salary Designation ……………………………………. 4. Details of tax deducted and paid to the credit of the Central Government: Sl. No. TAX Interest Others Mode of TDS deposit through Challan (C) /Book Adjustment (B)/ Total Amount deposited as per challan/ Book Adjustment(302+303+304) BSR code/24G Receipt Number(first 7 digits of BIN) Challan Serial No./DDO Serial no. (As per serial no. 8 to 12 of BIN) Date on which tax deposited through challan/ Date of transfer voucher Minor Head of Challan *Amount brought forward from earlier quarter(s) *Amount to be carried forward for subsequwent quarters [301] [302] [303] [304] [305] [306] [307] [308] [309] [310] [311] -312 1 2 3 5. Details of salary paid....
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.... or any other sums chargeable to income-tax under the head 'Salaries'.] Document 4 Number (TAN) "Form No.24Q [See section 192 and rule 31A] Quarterly Statement of deduction of tax under sub-section (3) of section 200 of the Income-tax Act in respect of salary for the quarter ended... (June/September/December/March) (Financial Year) 1. (a) Tax Deduction and (d) Collection Account Has the statement been filed earlier for this quarter (Yes/No) (b) Permanent Account Number (PAN) [See Note 1] (c) Financial Year 7. 2. Particulars of the Deductor (employer) (a) Name of the employer (b) If Central/State Government Name (See Note 3) AIN Code of PAO/TO/CDDO (c) TAN Registration No. (d) Address Flat No. Name of the premises/building Road/Street/Lane Area/Location Town/City/District State PIN Code Telephone No. Alternate telephone No. (See Note 4) Email Alternate email (See Note 4) 3. Particulars of the person responsible for deduction of tax: (a) Name (b) Address Flat No. Name of the premises/building Road/Street/Lane Area/Location Town/City/District State PIN Code Telephone No. Alternate telephone No. (See Note 4) Email Alternate email (See....
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..... Challan Transfer Voucher (CIN / BIN) particulars, i.e. 309, 310, 311 should be exactly the same as available at Tax Information Network. 9. In column 312, mention minor head as marked on the challan. 3. ANNEXURE 1: DEDUCTEE WISE BREAK UP OF TDS (Please use separate Annexure for each line-item in the table at Sl. No. 04 of main Form 24Q) Details of salary paid and tax deducted therefrom from the employees BSR Code of branch/Receipt Number of Form No.24G Date on which challan deposited/Transfer voucher date (dd/mm/yyyy) Challan Serial Number / DDO Serial No. of Form No.24G Amount as per Challan Total TDS to be allocated among deductees as in the vertical total of col. 324 Total Interest to be allocated among deductees mentioned below Sl. No. Employee reference number provided employee [See Note credit 4] by employer, if available Name of the Employer TAN PAN of the employee Name of Section the Code Date of payment/ Date of deduction Paid or (dd/mm/yy Credited Amount Tax Education Total TDS Cess (Total of Total TDS deposited columns Date of deposit (dd/mm/y deduction/higher Reason for non- deduction/ lower Number of the certifiate u/s ....
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....mns 338 and 339) Aggregate amount of deductions admissible under sections 80C, 80CCC and 80CCD (1)(Total to be limited to amount specified under section 80CCE) Amount deductible under any other provision(s) of Chapter VI-A Total amount deductible under Chapter VI-A (Total of columns 341 and 342) Total taxable income (Column 340 minus 343) Income-tax on total income Education cess Income-tax relief under section 89, when salary, etc. is paid in arrear or advance Net tax payable (345 plus 346 minus 347) Total amount of tax deducted at source by the current employer for the whole year (aggregate of the amount in column 323 of Annexure I for all the four quarters in respect of each employee] Reported amount of tax deducted at source by previous employer(s)/deductor(s) (income in respect of which included in computing total taxable income in column 344) Total amount of tax deducted at source for the whole year (Total of columns 349 and 350) Shortfall in tax deduction (+)/Excess tax deduction (-) (Column 348 minus Whether tax deducted at higher rate due to non furnishing of PAN by deductee (Yes/No) 351] [353] (12) Notes: 1. Salary includes wages, annuity, pens....