It is helpful to file tds form 24 q for all quarters for the FY 2018-2019
Note:it is mandatory to file TDS for 24Q-Q4 ending of i.e 31.05.2019 for those DDO'S who are deducting income tax from the staff salaries during the month of Mar-2018 salary paid in April-2018 to Feb -2019 salary paid in March -2019) if not file TDS ending of the 31.05.2019, As per section 234E-a sum of Rs. 200 for every day during which the failure continues. The amount of late fees shall not exceed the amount of TDS.
Ans. (i) Where an employee has worked with a deductor for part of the financial year only, the deductor should deduct tax at source from his salary and report the same in the quarterly Form No. 24Q of the respective quarter(s) up to the date of employment with him. Further, while submitting Form No. 24Q for the last quarter, the deductor should include particulars of that employee in Annexures II & III irrespective of the fact that the employee was not under his employment on the last day of the year. (ii) Similarly, where an employee joins employment with the deductor during the course of the financial year, his TDS particulars should be reported by the current deductor in Form No. 24Q of the relevant quarter. Further, while submitting Form No. 24Q for the last quarter, the deductor should include particulars of TDS of such employee for the actual period of employment under him in Annexures II & III.