Remember, TDS certification or paper is to be from each applicant who is greatly subtracting tax and equipped to the individual from whose earnings / transaction the tax has greatly been taken off. However, the certification must specify quantity of tax taken off and quantity at which it needs to be taken off. Moreover, TDS certification has been produced in typical TRACES on the reasons for information offered by applicant in the every quarter TDS come back. Plus TDS certification would be produced for aplicant information with legitimate PAN card (PAN card existing in the Income Tax Division database) in required TDS statement
Types of TDS Certificates
Salary Certificate (Form 16)
In situation of Incomes, the certification needs to be released as Type 16 containing information of tax calculations plus tax taken off and compensated. This represents the facts posted in Type 24Q by applicant. Remember, Part -A of Type 16 which contains desired information of tax taken off and placed by a legal company could be downloadable from typical TRACES by applicant. Moreover, only one Type 16 certification needs to be released for a given TAN, Economical season and PAN card.
Non-Salary Certificate (Form 16A)
In situation of typical Non-Salaries, the legal certification needs to be released as Type 16A containing necessary information of tax taken off and compensated. Moreover, this represents legal information posted by applicant in Type 26Q and 27Q. An individual Type 16A certification needs to be released for a given Economical Season, plus One fourth, TAN as well as PAN card. Remember, The Type 16A needs to be contained information from both Types 26Q as well as 27Q for all legal segments (especially Nature of legal Payment).
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