Get How Fill Form 24return Tools

Form 24Q. It is used for preparing eTDS returns for the TDS deducted on salary under Section 192 of the Income Tax Act, 1961. It has to be submitted on a quarterly basis by the deductor. It contains details like salaries paid and the TDS deducted of the employees by the employer.

Steps of Nil Return filing of TDS in a summary Step-1 Login to TRACES Deductor login with the User ID, Password and TAN of the deductor. Step-2 Go to “Declaration for Non–filing of TDS statements” Step-3 Select details from the drop-down menu. Step-4 Then, give the reason for non-filing.

The User can login to the TIN central system by providing AIN, User ID and Password. After successful login, the User has to select Upload option from the main menu. The User has to choose sub option "Form 24G" and upload the electronic statement (FVU passed file) to the TIN central system.

PREPARATION OF FORM 24Q STATEMENT Form 24 can be prepared online by using NSDL e- TDS Return Preparation Utility or in-house software, or any third-party software. 3.4 CSI FILE: CSI file contains challan details submitted to the bank.

Form 24Q-Annexure 1: Contents: Challan Details: The serial number of the challan. BSR (Basis Statistical Returns) code of the branch., The date of deposit. Sum of TDS and interest to be allocated between the deductees. Details of the Deductee: Employee reference number, if available. Name of Employee. PAN of Employee.

Purpose of Form 24Q The firm would need to submit Form 24Q every quarter of the financial year to indicate TDS for salary. Form 24Q indicates the total remuneration paid to the deductee and the TDS deducted on the employee's salary. No firm must refrain from abiding by the norms to file Form 24Q when required.

How to Fill Form 24G? The name of the person. The designation of the person responsible. The detailed postal address of the person. The contact details of the person which should include the phone number and the email address.