Mar 14, 2025 · Form 24Q should be filed and submitted for Return of Tax Deducted at Source on salary payments. Form 26Q, on the other hand, should be filed and furnished for Return of Tax Deducted at Source details on domestic payments other than salary.

Details of salary paid to the employees and TDS deducted on such payment are to be reported in 24Q. You can easily file your TDS returns through ClearTax software i.e. ClearTDS. 24Q consists of 3 annexures – Annexure I, Annexure II and Annexure III.

Feb 3, 2025 · Form 24Q is to be filed and submitted for return of tds deducted on salary payments, whereas Form 26Q is to be filed and furnished for tds details on payments other than salary.

Form 24Q FAQ Form 24Q FAQ Form 24Q FAQ. Help. Taxpayer . Individual; Company; Non Company; Tax Professionals and Others; e-Filing Services . Managing your Account; Managing your Profile; Filing your Return; Responding to Notices; Working with Payments (TIN 2.0) Statutory Forms . File Statutory Forms;

Mar 8, 2025 · Form 24Q is an Income Tax Form or a TDS (Tax Deducted at Source) return that is filed by an employer who deducts TDS on salaries. It contains details of TDS deducted and deposited by the employer on behalf of the employees. Form 24Q is required to be filed quarterly.

In this post, We will discuss Form 24Q, the TDS return on salary payment. As well as the penalty, interest, and late filing. Let’s look at each section in more detail: What is Form 24Q? The …

Feb 4, 2024 · 24Q is used for detailed individual tax declarations, including salary payments and deductions. 24Q TDS is submitted quarterly by Indian companies and firms. Form 24Q requires personal information of the challan, deductor, deductee, and TDS on salary.

FORM 24Q contains details about the TDS deducted and provides a comprehensive overview of an employee’s tax deductions. It serves as a crucial document for employees while filing their income tax returns.

Apr 4, 2024 · Form 24Q is a quarterly TDS return form that employers submit to the Income Tax Department, reporting the TDS deducted from employee salaries. Filed under Section 192 of the Income Tax Act, it provides details about salary payments and TDS deductions.

Jan 4, 2020 · Details of the salary paid to the employees and the TDS deducted from the payment has to be specified in Form 24Q. In other words, Form 24Q is the quarterly statement of the payment made to the employee and the TDS deducted from it by the deductor. In this article, we look at TDS Form 24Q in detail.

Jun 3, 2024 · Form 24Q – Statement for TDS from Salaries. Form 24Q is used to prepare eTDS returns via Gen TDS software for the TDS deducted on salary u/s 192 of the Income Tax Act, 1961. This form has to be submitted by the deductor every quarter.

Form 24Q is a quarterly statement filed by employers in India to report the Tax Deducted at Source (TDS) on salaries paid to employees. It is submitted to the Income Tax Department and contains detailed information about the TDS deducted and deposited by the employer during a specific quarter.

Form 24Q is used for filing TDS returns on salary payments. This guide explains the filing process, key requirements, and how to ensure accurate TDS deductions for employees.

What is 24q and 26q in TDS? Form 24Q should be filed and submitted for Return of Tax Deducted at Source on salary payments. Form 26Q, on the other hand, should be filed and furnished for Return of Tax Deducted at Source details on domestic payments other than salary.

Jan 23, 2025 · TDS Form 24Q is a quarterly statement that employers file to report the Tax Deducted at Source (TDS) on salaries paid to employees. It serves as a vital document that outlines the salary details, TDS deductions, and PAN …

Form 24Q is a tax form used in India to report TDS (Tax Deducted at Source) on salary payments. It is required to be filed to the Indian government by employers or persons responsible for deducting TDS on salary payments.

Feb 9, 2023 · What is Form 24Q? Form 24Q is a TDS Return/ Statement containing details of TDS deducted from the salary of employees by the employer. Form 24Q is required to be submitted on a quarterly basis on or before the due date.

As we know, Form 24Q is the form used for organising eTDS returns for the TDS (Tax Deducted at Source) deducted on salary under Section 192. The employer must submit this form every quarter since it contains details of the salaries paid and the TDS deducted from the employees.

Nov 16, 2023 · 24Q is used for detailed individual tax declarations, including salary payments and deductions. 24Q TDS is submitted quarterly by Indian companies and firms. Form 24Q requires personal information of the challan, deductor, deductee, and TDS on salary.

What is Form 24Q? Form 24Q is a TDS return filed for tax deducted at source salary payments. Form 24Q is filed by an employer submitting details of the salary paid to the employees and tax deducted on salaries.