Form 27Q, Download Income Tax Form 27Q in PDF Format

Form No. 27Q for Quarterly Statement of Deduction of Tax Respect of Payments Other Than Salary Made To Non-Residents. Form No. 27Q is relevant to the statement of deduction of tax under section 193 to 196D shall be furnished in form no 27 Q in respect of the deductee who is a non resident not been a company or a foreign company or resident but not ordinary resident. (1) Every person responsible for deduction of tax under Chapter XVII-B, shall, in accordance with the provisions of sub-section (3) of section 200, deliver, or cause to be delivered, the following quarterly statements to the Director General of Income-tax (Systems) or the person authorised by the Director General of Income-tax (Systems), namely:—

(a)  Statement of deduction of tax under section 192 in Form No. 24Q;

(b)  Statement of deduction of tax under sections 193 to 196D in—

 (i)  Form No. 27Q in respect of the deductee who is a non-resident not being a company or a foreign company or resident but not ordinarily resident; and

(ii)  Form No. 26Q in respect of all other deductees.

[(2) Statements referred to in sub-rule (1) for the quarter of the financial year ending with the date specified in column (2) of the Table below shall be furnished by—

 (i)  the due date specified in the corresponding entry in column (3) of the said Table, if the deductor is an office of Government; and

(ii)  the due date specified in the corresponding entry in column (4) of the said Table, if the deductor is a person other than the person referred to in clause (i)

TABLE

Sl. No.

Date of ending of the quarter of the financial year

Due date

Due date

(1)

(2)

(3)

(4)

1.

30th June

31st July of the financial year

15th July of the financial year

2.

30th September

31st October of the financial year

15th October of the financial year

3.

31st December

31st January of the financial year

15th January of the financial year

4.

31st March

15th May of the financial year immediately following the financial year in which deduction is made

15th May of the financial year immediately following the financial year in which deduction is made.]

(3) (i) The statements referred to in sub-rule (1) may be furnished in any of the following manners, namely:—

(a)  furnishing the statement in paper form;

(b)  furnishing the statement electronically in accordance with the procedures, formats and standards specified under sub-rule (5) alongwith the verification of the statement in Form 27A.

(ii)  Where,—

(a)  the deductor is an office of the Government; or

(b)  the deductor is the principal officer of a company; or

(c)  the deductor is a person who is required to get his accounts audited under section 44AB in the immediately preceding financial year; or

(d)  the number of deductee’s records in a statement for any quarter of the financial year are twenty or more,

the deductor shall furnish the statement in the manner specified in item (b) of clause (i).

(iii)  Where deductor is a person other than the person referred to in clause (ii), the statements referred to in sub-rule (1) may, at his option, be delivered or cause to be delivered in the manner specified in item (b) of clause (i).

(4) The deductor at the time of preparing statements of tax deducted shall,—

  (i)  quote his tax deduction and collection account number (TAN) in the statement;

 (ii)  quote his permanent account number (PAN) in the statement except in the case where the deductor is an office of the Government;

 (iii)  quote the permanent account number of all deductees;

 (iv)  furnish particulars of the tax paid to the Central Government including book identification number or challan identification number, as the case may be;

[(v)  furnish particulars of amount paid or credited on which tax was not deducted in view of the issue of certificate of no deduction of tax under section 197 by the Assessing Officer of the payee;

 (vi) furnish particulars of amount paid or credited on which tax was not deducted in view of the compliance of provisions of sub-section (6) of section 194C by the payee;]

[(vii) furnish particulars of amount paid or credited on which tax was not deducted in view of the furnishing of declaration under sub-section (1) or sub-section (1A) or sub-section (1C) of section 197A by the payee.]

(5) The Director General of Income-tax (Systems) shall specify the procedures, formats and standards for the purposes of furnishing of the statements and shall be responsible for the day-to-day administration in relation to furnishing of the statements in the manner so specified.

(6) Where a statement of tax deducted at source is to be furnished for tax deducted before the 1st day of April, 2010, the provisions of this rule and rule 37A shall apply as they stood immediately before their substitution or omission by the Income-tax (Sixth Amendment) Rules, 2010.]

Form No. 27Q

[See sections 194E, 195, 196A, 196B, 196C, 196D and rules 31A and 37A]

Quarterly statement of deduction of tax under sub-section (3) of section 200 of I.T. Act, 1961 in respect of payments other than Salary made to non-residents for the quarter ended June/September/December/March (tick which ever applicable) (year)

1.(a)Tax Deduction and collection Account No. (TAN)
(b)Permanent Account No. (PAN)
(c)Financial year
(d)Assessment year
(e)Has any statement been filed earlier for this quarter (Yes/no)
(f)If answer of (e) is ‘Yes’, then Provisional Receipt No. of original statement

 

2. Particulars of the deductor

 

(a)Name
(b)Type of deductor
(c)Branch/division/ (if any)
(d)Address
Flat No.
Name of the premises/building
Road/street/lane
Area/location
Town/City/District
State
Pin Code
Telephone No.
E-mail

 

3. Particulars of the person responsible for deduction of tax

 

(a)Name
(b)Address
Flat No.
Name of the premises/building
Road/street/lane
Area/location
Town/City/District
State
Pin Code
Telephone No.
E-mail

 

 

4. Details of tax deducted and paid to the credit of Central Government :

 

Sr. No.

Section code

TDS

Rs.

Surcharge

Rs.

Education Cess

Rs.

Interest

Rs.

Others

Rs.

701

702

703

704

705

706

707

 

Sr. No.

Total tax deposited

Rs.

Cheque/DD No. (if any)

BSR code

Date on which tax deposited

Transfer voucher/Challan Serial No.2

Whether TDS deposited by book entry ? Yes/No3

701

708

709

710

711

712

713

 

5. Details of amounts paid and tax deducted thereon from the deductees (See Annexure)

 

VERIFICATION

I,
,
hereby certify that all the particulars furnished above are correct and complete.

Place:

Signature of person responsible for deducting tax at source

Date:

Name and designation of person responsible for deducting tax at source

Annexure
Deductee-wise break-up of TDS
(Please use separate Annexure for each line item in the table at S. No. 4 of main Form 27Q)

        Details of amounts paid/credited during the quarter ended      (DD-MM-YYYY) and of tax deducted at source

BSRcode of the branch where tax is depositedName of Deductor
Date on which tax deposited (dd-mm-yyyy)
Challan Serial No.
Section under which* payment madeTAN
Total TDS to be allocated among deductees as in the vertical total of col. 725
Interest
Others
Total of the above

S. No.Deductee code (01-

Company,

02-Other

than Company)

PAN of the

deductee

Name of the

deductee

Date of Payment/ CreditAmount

paid/

credited

Rs.

Paid by book entry or other-wiseTDS

Rs.

Sur-

Charge

Rs.

Educa-

tion Cess

Rs.

Total Tax

deducted

(721+

722+723) Rs.

Total Tax

deposited

Rs.

Date

of deduc-

tion

Rate at which deduc-

ted

Reason for

non-

deduction/

lower

deduction/

grossing up

(if any)*

714

715

716

717

718

719

720

721

722

723

724

725

726

727

728

1
2
3
4
5
Total

Verification

I,
, hereby certify that all the particulars furnished above are correct and complete.

Place :Signature of person responsible for deducting tax at source

Date :Name and designation of person responsible for deducting tax at source

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