New TDS & eTDS Compliance Statement
New TDS Compliance Statement
- New Form 24C in introduced
- This form is to be submitted every quarter electronically
- For each TDS section , monthly figures are to be given in respect of
- Total expense or capital outgo under the section
- Total amount on which TDS was to be deducted
- Total amount on which TDS deducted at normal rate / TDS amount
- Total amount on which TDS deducted at lower rate / TDS Amount
- Total TDS = TDS at normal rate + TDS at lower rate
eTDS Statements
- Form 24Q/ 27Q formats have been modified
- In deductee wise details , Unique Transaction No is to be given
- eTDS Statements in Form 24Q, 26Q,27Q are to be submitted only once a year on or before 15th June