Procedure for filling TDS Return

Open uri20170510 32134 1ive9a3?1494421760 purvi asked over 3 years ago

Pls explain me the procedure for filling TDS Return.

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5 Answers
Avatar 37a3bd7bc7328f0ead2c0f6f635dddf60615e676e6b4ddf964144012e529de45 Pankaj answered almost 3 years ago

First of all you have to download tds prepration utility (etds_rpu_4.3) from tin nsdl site and install it in your systems. than u have to follow the following procedure: Step-1 first of all select form e.g. 24Q, 26Q etc and regular or correcton Step-2 Fill return Period and deductor full details Step-3 in Challan colloum you should enter number of row which you required and fill challan details as per your already paid challan Step-4 in annexure-1 first of all you have entered number of row required( total noumber of deductees Record) and entered details of all deductee Step-5 you have to download CSI file from NSDL Site Step-6 Finally you should click on create file and upload the csi file under respected head and than select path to create your tds retun Finally you have prepared your TDS Return

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Avatar 37a3bd7bc7328f0ead2c0f6f635dddf60615e676e6b4ddf964144012e529de45 acharya answered almost 3 years ago

Step-1 first of all select form e.g. 24Q, 26Q etc and regular or correcton Step-2 Fill return Period and deductor full details Step-3 in Challan colloum you should enter number of row which you required and fill challan details as per your already paid challan Step-4 in annexure-1 first of all you have entered number of row required( total noumber of deductees Record) and entered details of all deductee Step-5 you have to download CSI file from NSDL Site Step-6 Finally you should click on create file and upload the csi file under respected head and than select path to create your tds retun

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Avatar 37a3bd7bc7328f0ead2c0f6f635dddf60615e676e6b4ddf964144012e529de45 karishma answered over 3 years ago

Hi, The following Procedure has to be followed for filling TDS Return. **Ist Step** Choose the format or data structure for preparing e-TDS return Income tax department and NSDL have made different format according to nature of payments. So, accountant should choose any one from following format. 1. (a) Annual e-TDS return: o File Format for Form 24 o File Format for Form 26 o File Format for Form 27 (b) Annual e-TCS return: o File Format for Form 27E (c) Quarterly return: o File Format for Form 24Q o File Format for Form 26Q o File Format for Form 27Q o File Format for Form 27EQ Data structure for Form 24Q of the quarter ending 31-March **2nd Step** E-TDS return for successful acceptance 1. E-TDS clean text ASCII format: You can use any software like ms excel, compu tax or Tally.ERP or NSDL’s software Return Preparation Utility (e-TDS RPU-Light) for making e-TDS return but E-TDS file formats must be in clean text ASCII format with 'txt' as filename extension. 2. Correct Tax deduction Account Number (TAN) of the Deductor is clearly mentioned in Form No.27A as also in the e-TDS return, as required by sub-section (2) of section 203A of the Income-tax Act. 3. The particulars relating to deposit of tax deducted at source in the bank are correctly and properly filled in the table at item No.6 of Form No.24 or item No.4 of Form No.26 or item No.4 of Form No.27, as the case may be. 4. The data structure of the e-TDS return is as per the structure prescribed by the e-Filing Administrator. 5. The Control Chart in Form 27A is duly filled in all columns and verified and as enclosed in paper form with the e-TDS return on computer media. 6. The Control totals of the amount paid and the tax deducted at source as mentioned at item No.4 of Form No.27A tally with the corresponding totals in the e-TDS return in Form No. 24 or Form No. 26 or Form No.27, as the case may be. 7. Bank Branch code or BSR code is a 7 digit code allotted to banks by RBI. This is different from the branch code which is used for bank drafts etc. This no. is given in the OLTAS challan or can be obtained from the bank branch or from www.tin-nsdl.com. It is mandatory to quote BST code both in challan details and deductee details. Hence, this field cannot be left blank. Government deductors transfer tax by book entry, in which case the BSR code can be left blank. **3rd Step** Validate or verify your prepared e-TDS return After the file has been set as per the file format, it should be verified using the File Validation Utility(FVU) (download here ) provided by NSDL. **4th Step** Rectify the errors and verify the file In case file has any errors the FVU will give a report of the errors. Rectify the errors and verify the file again through the FVU. **5th Step** Filling of e-TDS Return A ) Go to TIN – FC ( center) near to your office e-TDS returns can be filed at any of the TIN-FC opened by the e-TDS Intermediary for this purpose. Addresses of these TIN-FCs are available at the websites. B) Filling of e-TDS Return Online Now, you have also facility to file your e-TDS return online for this you have to register to NSDL. Hope this helps you Thank you.

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Open uri20170510 32134 1c996lj?1494421732 Anil answered over 3 years ago

Step 1: The data structure (file format) in which the e-TDS / e-TCS return is to be prepared has been notified below: Quarterly Return : For regular statements pertaining to FY 2010-11 onwards: File Format for Form 24Q (1st,2nd & 3rd quarters) File Format for Form 24Q (4th Quarter) File Format for Form 26Q Q1 TO Q4 File Format for Form 27EQ Q1 to Q4 File Format for Form 27Q Q1 to Q4 Step 2 :e-TDS/e-TCS return in accordance with the file formats is to be prepared in clean text ASCII format with 'txt' as filename extension. e-TDS/e-TCS return can be prepared using in-house software, any other third party software Step 3 :Once the file has been prepared as per the file format, it should be verified using the File Validation Utility (FVU) provided by NSDL. Step 4 : In case file has any errors the FVU will give a report of the errors. Rectify the errors and verify the file again through the FVU. Step 5 :The upload file generated by the FVU on successful validation is to be furnished to a TIN-FC or directly uploaded through the NSDL web-site. Quarterly Returns: Each e-TDS/TCS return saved in a CD/Pen Drive to be submitted along with a signed copy of the control chart (Form 27A). With effect from February 1, 2014, it is mandatory to submit Form 27A generated by TDS/TCS FVU (File Validation Utility) duly signed, along with the TDS/TCS statement(s). Any other Form 27A submitted will be treated as invalid submission and the same will be rejected by TIN-FC branches. (Form 27A).

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Avatar 37a3bd7bc7328f0ead2c0f6f635dddf60615e676e6b4ddf964144012e529de45 CHITRANJAN AGARWAL answered over 3 years ago

Dear, First of all you have to download tds prepration utility (etds_rpu_4.3) from tin nsdl site and install it in your systems. than u have to follow the following procedure: Step-1 first of all select form e.g. 24Q, 26Q etc and regular or correcton Step-2 Fill return Period and deductor full details Step-3 in Challan colloum you should enter number of row which you required and fill challan details as per your already paid challan Step-4 in annexure-1 first of all you have entered number of row required( total noumber of deductees Record) and entered details of all deductee Step-5 you have to download CSI file from NSDL Site Step-6 Finally you should click on create file and upload the csi file under respected head and than select path to create your tds retun Finally you have prepared your TDS Return Any other query fell free to contact us Writer CA Chitranjan Agarwal Email: chita2503@gmail.com web: cachitranjanagarwal.vpweb.in

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