Which two of the following are correct about the due date of issue of the TDS certificate? a) Form No 16 - Annual b) Form No 16 A - Quarterly c) Form No 16 B - Half Yearly d) Form No 16 C - Monthly Choose the correct option from those below. 

Which two of the following are correct about the due date of issue of the TDS certificate? a) Form No 16 - Annual b) Form No 16 A - Quarterly c) Form No 16 B - Half Yearly d) Form No 16 C - Monthly Choose the correct option from those below.  Correct Answer a) and b)

TDS certificate:

Form 16, Form 16A, Form 16 B and Form 16 C  are all TDS certificates. TDS certificates have to be issued by a person deducting TDS to the assessee from whose income TDS was deducted while making payment.

For instance, banks issue Form 16A to the depositor when TDS is deducted on interest from fixed deposits. Form 16 is issued by the employer to the employee.

Form

Certificate of

Frequency

Due date

Form 16

TDS on salary payment

Yearly

31st May

Form 16 A

TDS on non-salary payments

Quarterly

15 days from due date of filing return

Form 16 B

TDS on sale of property

Every transaction

15 days from due date of filing return

Form 16 C

TDS on rent

Every transaction

15 days from due date of filing return

Therefore, from the above explanation, Option 3 is the correct answer.

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