Filing of e-TDS/TDS Quarterly Return:
1. If,
(a) the deductor is an office of the Govt. or
(b) the deductor is a company or
(c) the deductor is a person who is required to get his accounts audited u/s 44AB in the immediately preceding financia year or
(d) the number of deductee’s records in a statement for any quarter are 20 or more
2. Then the quarterly statement is to be filed electronically in a prescribed format with any TIN facilitation centre.
3. In other cases, statement can be filed in paper format, however deductors falling in this category can also file the TDS/TCS statements electronically at his option.
Preparation of e-TDS/TCS quarterly statement:
Prepare return
* as per the file format specified by ITD ( Formats given in booklet)
Using
- NSDL RPU (Latest version on NSDL website – www.tin-nsdl.com)
- third party software
- in house
Quote the correct TAN, name & address of deductor (DDO)
- Obtain & quote correct PAN of all the deductees
- In 24Q, 95% mandatory deductee PAN
- In 26Q & 27EQ, 85% mandatory deductee PAN
- ( Applicable upto to 31/03/2010. For subsequent period, 100% PAN quoting mandatory)
Return can be filed only for deductee records having valid PAN
Provide Salary details (Annexure 2) only for Quarter 4 (Form 24Q)
Preparation of e-TDS/TCS statement – Validation :
Validate TDS/TCS statement using File Validation Utility
– FVU (Latest version on NSDL website – (www.tin-nsdl.com)
In case of valid TDS/TCS file FVU will generate the following:
- .fvu file (validated file to be submitted to TIN-FC)
- Statement statistic report (contains summary of statement)
- Deductee PAN statistic report (contains details of invalid deductee PAN in statement)
In case of invalid TDS/TCS file, error file will be generated. Rectify the error and re-validate through FVU
Submission of e-TDS/TCS Statement :
Submit TDS / TCS statement with TIN-FC
Regular
- .fvu file in CD / pendrive
- Physical Form 27A
- CD/Pendrive is returnable
- More than one returns can be filed through one CD/Pendrive
1. If,
(a) the deductor is an office of the Govt. or
(b) the deductor is a company or
(c) the deductor is a person who is required to get his accounts audited u/s 44AB in the immediately preceding financia year or
(d) the number of deductee’s records in a statement for any quarter are 20 or more
2. Then the quarterly statement is to be filed electronically in a prescribed format with any TIN facilitation centre.
3. In other cases, statement can be filed in paper format, however deductors falling in this category can also file the TDS/TCS statements electronically at his option.
Preparation of e-TDS/TCS quarterly statement:
Prepare return
* as per the file format specified by ITD ( Formats given in booklet)
Using
- NSDL RPU (Latest version on NSDL website – www.tin-nsdl.com)
- third party software
- in house
Quote the correct TAN, name & address of deductor (DDO)
- Obtain & quote correct PAN of all the deductees
- In 24Q, 95% mandatory deductee PAN
- In 26Q & 27EQ, 85% mandatory deductee PAN
- ( Applicable upto to 31/03/2010. For subsequent period, 100% PAN quoting mandatory)
Return can be filed only for deductee records having valid PAN
Provide Salary details (Annexure 2) only for Quarter 4 (Form 24Q)
Preparation of e-TDS/TCS statement – Validation :
Validate TDS/TCS statement using File Validation Utility
– FVU (Latest version on NSDL website – (www.tin-nsdl.com)
In case of valid TDS/TCS file FVU will generate the following:
- .fvu file (validated file to be submitted to TIN-FC)
- Statement statistic report (contains summary of statement)
- Deductee PAN statistic report (contains details of invalid deductee PAN in statement)
In case of invalid TDS/TCS file, error file will be generated. Rectify the error and re-validate through FVU
Submission of e-TDS/TCS Statement :
Submit TDS / TCS statement with TIN-FC
Regular
- .fvu file in CD / pendrive
- Physical Form 27A
- CD/Pendrive is returnable
- More than one returns can be filed through one CD/Pendrive
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