|
|
CERTIFICATES TO BE ISSUED FOR TDS UNDER VARIOUS
SECTIONS
|
|
|
The person responsible for deducting the tax at source is required to
issue a certificate in the prescribed forms to the payee/ employee on
account of such TDS made:
Situation
|
Nature of TDS |
Section under which deducted |
Prescribed Form |
| 1 |
TDS on Salary |
Section 192 |
Form No. 16 & Form No. 12BA to be issued in
case if the salary of the employee exceeds Rs. 1,50,000.
|
| 2 |
TDS on Salary |
Section 192 |
Form No. 16AA, if the salary of the employee
does not exceed Rs. 1,50,000, before allowing deductions u/s
16.
|
| 3 |
TDS on any other income |
- Section 193
- Section 194A
- Section 194B
- Section 194BB
- Section 194C
- Section 194D
- Section 194E
- Section 194EE
- Section 194F
- Section 194G
- Section 194H
- Section 194I
- Section 194J
- Section 194K
- Section 194LA
- Section 195
- Section 196A
- Section 196B
- Section 196C
- Section 196D
|
Form No. 16A |
PLEASE NOTE:
Form 12 BA is the statement of the
value of perquisites & profit in lieu of salary issued along with
Form 16A to the employee if salary of the employee exceeds Rs.
1,50,000/-. In case of Situation 1 if the
salary does not exceed Rs. 1,50,000 then the particulars of statement
of the value of perquisites & profit in lieu of salary be included
in Form 16 itself.
|
|
|