Form 24Q – TDS Return on Salary Payment

Form 24Q – TDS Return on Salary Payment

At the time of paying salary to an employee, the employer deducts TDS u/s 192. The employer has to file salary TDS return in Form 24Q. 24Q is to be submitted on a quarterly basis. Details of salary paid to the employees and TDS deducted on such payment is to be reported in 24Q. You can easily file your TDS returns through ClearTax software i.e. ClearTDS.

24Q consists of 2 annexures – Annexure I and Annexure II.

While Annexure I has to be submitted for all four quarters of an FY, Annexure II is not required to be submitted for the first three quarters. Annexure II has to be submitted in the last quarter (Jan – Mar) only.


TDS on salary has to be deducted as per income tax slab. The employer has to consider all deductions and investments of the employee (if proofs of such investments are submitted).

Annexure I of 24Q

Annexure I shows deductee wise break up of TDS against each particular challan.

Details of challan(s) to be mentioned in Annexure I

  • BSR code of branch
  • Date of deposition of challan
  • Challan serial number
  • Total Amount in Challan
  • TDS amount to be allocated among deductees
  • Interest amount to be allocated among deductees

Details of deductee(s) to be mentioned in Annexure I

  • Employee reference number (if available)
  • PAN of the employee
  • Name of the employee
  • TDS Section Code
  • Date of payment/ credit
  • Amount paid or credited
  • TDS amount
  • Education Cess

Besides, if the employer doesn’t deduct TDS or deducts TDS at a lower rate, he’ll have to provide the reasons for such non-deduction or lower deduction……Read More>>


Source:- cleartax