TDS Return – Trustees of Approved Superannuation Fund

TDS Return - Trustees of Approved Superannuation Fund

Rule 33 of Income Tax Rules

Where the trustees to a superannuation fund pay the contributions made by an employer including interest thereon to an employee during his life-time, they should submit within 2 months of the end of financial year, a statement to the Assessing officer furnishing the following details:

name of the superannuation fund;
name and address of the employee;
the period for which the employee has contributed to the superannuation fund;
the amount of contribution repaid on account of principal and interest;
the average rate of deduction of tax during the preceding three years; and
the amount of tax deducted on repayment.

A verification should also be attached by the trustees verifying the particulars therein.

Due Date: May 31

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