Zen IT || Claim Other Person TDS Amount as per Rule 5A/37BA (2)
How to Claim Another Person's TDS Amount as per Rule 5A/37BA(2)
This process allows you to claim TDS (Tax Deducted at Source) credited to another person’s account as per Rule 5A/37BA(2). Follow these steps to claim the TDS:
Step 1:
Go to Transaction >> Tax Details:
Step 2:
Enter TDS Details:
Input the TDS details manually in the Tax Details section.
- Select the appropriate Sections.
- Ensure that you select "Other PAN" in the "Tax Credit" field, indicating that the TDS pertains to another person's account.
- Click on "TDS Deducted as per 5A or 37BA(2)" and then enter the details of the individual in whose account the TDS was originally deducted.
- Enter the TDS Credit amount in the "Amount Claimed in Own Hands" option.
- Enter the TDS Deduction Year, select the Heads of income from the dropdown menu, and then click "Save the Entry."
To transfer TDS to another person as per 5A/Rule 37BA(2), please follow the knowledge base provided: Click here to follow.
Following these steps allows the TDS deducted from another person’s account to be reflected as a claimable amount in your account, as per tax guidelines.
Hope This Helps.
Related Articles
ExpressITR || Claim Other Person TDS Amount as per Rule 5A/37BA (2)
How to Claim Other Person TDS Amount as per Rule 5A/37BA (2) in Express ITR Please follow these steps: Step 1: Access ITR Summary Open the client profile in Express ITR. In the ITR Summary section, select Return Flow to proceed. Step 2: Navigate to ...Zen IT || Transfer TDS to Another Person as per 5A/Rule 37BA (2)
How to Transfer TDS to Another Person’s as per 5A/Rule 37BA(2) This process enables you to transfer your TDS (Tax Deducted at Source) to another person's as per 5A/Rule 37BA(2). Please follow these steps: Step 1: Go to Transaction >> Tax Details: 1. ...ExpressITR || Transfer TDS to Another Person as per 5A/Rule 37BA (2)
How to Transfer TDS to Another Person’s as per 5A/Rule 37BA(2) in Express ITR This process enables you to transfer your TDS (Tax Deducted at Source) to another person's as per 5A/Rule 37BA(2). Please follow these steps: Step 1: Access the ITR Summary ...Income Tax || TDS Details
To enter TDS/TCS details in the software, please follow the process outlined below: Steps for Manual Entry of TDS/TCS Details : Navigate to "Transactions → Tax Detail". By default, the TDS Details section is selected. If you're entering details ...ExpressITR || Claim Previous Year's Carried Forward TDS in the Current Year
Process to Claim Previous Year's Carried Forward TDS in the Current Year Using Express ITR Follow the steps below to claim TDS carried forward from the previous year in the current financial year using Express ITR: Step 1: Access the ITR Summary Log ...