Deduction-to-payment verification

Once the deductor has made the deduction and respective payment, a detailed verification of “Deduction to payment” should happen. This should happen before preparing the Quarterly Statement for respective quarter.

The points to be noted while verifying Deduction-to-payment:

1. No deductions have been left unpaid.
2. All the challans matching with the nature of payment [Section] for the deduction on before it.
3. All the Challans are matching with Type of deductees listed with deductions before it.
4. Appropriate Interest calculation has been done and paid for each deduction and Challan, wherever applicable.