How to convert Form-26AS "Text" File into "Excel" File ?

All Taxpayers already well known about Form-26AS. While submitting of Annual Income Tax Return, Form-26AS is most important document for tax payers. Form-26AS is a tax payment and deduction details just as ledger of Tax for them.  It shows Tax deducted /collected amount by deductors, Amount paid with TDS against form 15G/15H, tax paid by tax payer like advance tax,self assessment tax etc.  Further it also shows refund amount . Every tax payer should match tax amount shown in form 26AS with tax claimed in Income Tax return before filing of income tax return.  Now income Tax department have given automatic population of TDS entries in Income tax return from pan ledger/Form 26AS.

Form 26AS can be downloaded by three methods: 

1. Through Income Tax India efiling login password.

2. Through online Banking account login password.

3. Through TIN-CPC website.

Form 26AS can be viewed online in HTML format and can also be downloaded in PDF or text format. The password for form 26AS file is Date of Birth provided in PAN database in ddmmyyyy format.

To View the e-Tutorial to Convert Form-26As "Text or .TXT" to "Excel or .XLS" File.

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Download Latest e-tutorial on RPU & FVU Ver. 1.3.

Return Preparation Utility is developed by NSDL for small deductors/collectors, however, statements exceeding 20,000 deductee/collectee records may not be prepared using this utility.

Non-functioning or non availability of this utility cannot be considered as a reason for inability to file the Statement before the last date.

What is RPU?

NSDL Return Preparation Utility (RPU) is a freely downloadable utility.

Used for Preparating TDS/TCS Statement(s).

• for Form 24Q, 26Q, 27Q and 27EQ (Regular & Correction). 
• for all quarters of Financial Year 2007-08 onwards.

Not mandatory to use NSDL RPU for preparation of quarterly TDS/TCS Statement(s) i.e., users may use other RPU provided by software vendors for preparation of quarterly TDS/TCS Statements(s).

What is FVU?

File Validation Utility (FVU) is a software developed by NSDL, which is used to ensure that the e-TDS/TCS Statement(s) prepared does not contain any format level error(s).

Deductor/Collector should ensure that the Quarterly TDS/TCS Statement (Regular and Correction is validated by the latest FVU provided by NSDL only.

Download e-Tutorial Latest Ver. 1.3 (Click Here)

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Latest e-Tutorial - How to add new TDS Challan while Online Correction on TRACES ?

Recently CPC (TDS) has released latest e-Tutorial on add new TDS Challan through online Correction on TRACES.  This e-Tutorial is helps to TDS Deductor, if the TDS Deductor online correct return and found some challan is miss. In this condition this utility is very useful for all TDS Deductors.

The Income Tax Department has been already launched the Online Correction in TDS Returns system to TDS Deductor on TRACES and same has been updated frequently.  Initially online correction in TDS statements  were only possible through DSC.  After that some corrections were added without DSC.  Now some others corrections are also possible through online system like Add New Challan in TDS return during submission online correction in TDS returns / Statements.   e-tutorial  for add new challan through online correction  is given below :

   E-Tutorial -Online Correction- Add Challan to Statement

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All e-Tutorials on the most common reasons deductors enquire or call TRACES

TRACES has several easy-to-use, online e-Tutorials and FAQs that can be effectively used to get ready answers to your questions.

Following are some of the most common reasons deductors enquire or call TRACES:

What is the status of processing of statements?

• CPC(TDS) is glad to inform that the peak load of statement processing has already been taken care of.
• The status of processing of statements can be checked in your Dashboard after you login to TRACES.
• Please wait for 4 days after the statements have been filed before reaching CPC(TDS) with an enquiry on the above.

Having issues with downloading of TDS Certificates/ Consolidated Files?

• If you are unable to submit request for downloading of TDS Certificates or Conso Files, please first check the status of processing of relevant statements. You will be able to submit requests only after the statement has been processed.
• Please check the correctness of KYC information for submitting download requests to ensure successful submission of the request.
• TRACES is currently experiencing huge volume of requests for download of TDS Certificates. However, they are being made available within a day of submission of request. Please wait for 24 hours before reaching out to CPC(TDS) with an enquiry.
• Please refer to our e-Tutorials for detailed assistance on downloading TDS Certificates.
• To convert form 16/Form 16A in pdf format, PDF generation utility is required 
• For downloading Consolidated files, the e-Tutorial can be referred.

Have a problem in password required for various process at TDSCPC?

• Click here to Check password for consolidated file, form 26AS, Form 16, Form 16A, Justification report

Have a query related to Intimations sent by CPC(TDS)?

• Please download the Justification Report to view the details of Defaults in the TDS Statements.
• Please refer to the e-Tutorial for detailed assistance.

Have a query related to Registration/Login?

• Please submit correct KYC information for Registration/ Login. Please refer to our e-Tutorial for assistance.
• You are requested to wait for an hour, if the Account is locked due to incorrect password. Please retrieve a fresh password and the detailed procedure is specified in the e-Tutorial.
• If you need assistance for User ID, the e-Tutorial can be referred for detailed steps.
• Please use both the Activation Codes sent on the Registered Mobile Number and e-mail address for the purpose of successful activity.

Source: www.tdsman.com

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Latest Online e-Tutorial on TDS/TCS Return Preparation Utility.

NSDL has released e-Tutorial on Quarterly TDS/TCS Return Preparation Utility (RPU). Return Preparation Utility (RPU) is a freely downloadable utility. and used for preparing TDS/TCS Statements i.e. Form 26Q, 26Q, 27Q and 27EQ (regular & Correction).  TDS Deductors/TCS collectors can prepare the e-TDS/TCS returns as per these file formats by using this e-Tutorial and submit the same to any of the TIN-FCs established by NSDL. Deductors/collectors can also directly upload the e-TDS/TCS returns through NSDL-TIN website.

This latest e-Tutorial can helps to prepare TDS/TCS Return. The users are advised to read these e-tutorial carefully before the utility is used to prepare the returns. Users may ensure that they download the latest version of the utility at the time of preparation of return.

In case the e-TDS/TCS return contains any errors, user should rectify the same in the excel utility itself. After rectifying the errors, user should pass the rectified e-TDS/ TCS return through the FVU. This process should be continued till an error free e-TDS/ TCS return is generated.

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Recover Password Procedure for e-filing Income Tax Return.

It is known by everyone that new website has already been launched for e-filing of Income Tax Returns.  In the last financial year 2011-12, only assessee having income 10 Lakh or more than 10 lakh are bounded to submit online return. But not from the financial year 2012-13, the limit of income  has been decreased from 10 lakh to 5 lakh.  It means that Now e-filing of income tax return is mandatory for those persons who have income 5 lakh or more than 5 lakh.   In this way,  Data punching of Assessee data is in the hand of Assessee.

Now, it is a great problem that in a year User id and Password for e-filing of income tax return were generated but now forget at the time of submission of income tax return.   Below are the solutions for recovery  of password:
Answer Secret Question :

In case you have remember answer of hint  question which have been filed by you at the time of registration.

Upload Digital Signature :

It is chargeable to by digital signature.

Enter e-filed Acknowledgement Number and Bank Account Number :

Copy to last online  submitted Income Tax ITR-V is required for getting acknowledgement number along with your bank account number entered in your last income tax return available with income tax department for confirmation.

Toll Free Number :

Toll Free Number to resolve this issue is 1800 4250 0025.

Email Addreess:

If you're not able to reset the password with any of the above options, please send an email to  - validate@incometaxindia.gov.in with the following details.

    Pan
    Pan Holder's Name
    Date of Birth / Date of Incorporation
    Father's Name
    Registered PAN address

Source: www.tdstaxindia.com

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New TDS e-Tutorial

TDS is one of the modes of collection of taxes, by which a certain percentage of amounts are deducted by a person at the time of making/crediting certain specific nature of payment to the other person and deducted amount is remitted to the Government account. It is similar to "pay as you earn" scheme also known as Withholding Tax in many other countries, one of the countries is USA. The concept of TDS envisages the principle of "pay as you earn". It facilitates sharing of responsibility of tax collection between the deductor and the tax administration. It ensures regular inflow of cash resources to the Government. It acts as a powerful instrument to prevent tax evasion as well as expands the tax net.

Who shall deduct tax at source?
Every person responsible for making payment of nature covered by TDS provisions of Income Tax Act shall be responsible to deduct tax.

However in case of payments made under sec. 194A, 194C, 194H, 194I and 194J in respect of individual and HUF, only if the turnover or professional receipt exceeds sum of Rs. 40 lakh or Rs. 10 lakh respectively (the limits will be Rs.60 Lakh or Rs. 15 Lakh respectively w.e.f. 01.07.2010) in previous year, he is required to deduct tax at source.

These persons are mainly:

• Principal Officer of a company for TDS purpose including the employer in case of private employment or an employee making payment on behalf of the employer.
• DDO (Drawing & Disbursing Officer), In case of Govt. Office any officer designated as such.
• In the case of "interest on securities" other than payments made by or on behalf of the Central govt. or the State Government, it is the local authority, corporation or company, including the Principal Officer thereof.

Such person is called Deductor while the person from whom the tax is deducted is called Deductee.

Tax must be deducted at the time of payment in cash or cheque or credit to the payee's account whichever is earlier. Credit to payable account or suspense account is also considered to be credit to payee's account and TDS must be made at the time of such credit.

Download New TDS e-Tutorial

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TDS on Sale of Immovable Property, e-Payment, e-Tutorial & FAQs.

As per Finance Bill of 2013, TDS is applicable on sale of immovable property wherein the sale consideration of the property exceeds or is equal to Rs 50,00,000 (Rupees Fifty Lakhs). Sec 194 IA of the Income Tax Act, 1961 states that for all transactions with effect from June 1, 2013, Tax @ 1% should be deducted by the purchaser of the property at the time of making payment of sale consideration. Tax so deducted should be deposited to the Government Account through any of the authorized bank branches.
 

Facility for furnishing information regarding the transaction of sale of immoveable property and payment of TDS thereof is available on this website.
 

Detailed procedure, user friendly e-tutorial, list of Bank branches authorised to accept TDS and Frequently Asked Questions (FAQs) are available on this website for reference.

Points to be remembered by the Purchaser of the Property:

1. Deduct tax @ 1% from the sale consideration.
2. Collect the Permanent Account Number (PAN) of the Seller and verify the same with the Original PAN card.
3. PAN of seller as well as Purchaser should be mandatorily furnished in the online Form for furnishing information regarding the sale transaction.
4. Do not commit any error in quoting the PAN or other details in the online Form as there is no online mechanism for rectification of errors. For the purpose of rectification you are required to contact Income Tax Department.

Points to be remembered by the Seller of the Property:

1. Provide your PAN to the Purchaser for furnishing information regarding TDS to the Income Tax Department.
2. Verify deposit of taxes deducted by the Purchaser in your Form 26AS Annual Tax Statement.

Frequently Asked Questions

Online form for furnishing TDS on property (Form 26QB)

E-tax payment on subsequent date

List of Authorized Banks for e-payment

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ITR Forms, Challans & More For Asstt. Year 2013-14.

Use proper challan for payment of your taxes, and select the relevant forms for filing your returns. Download from here various tax information booklets on useful subjects. 

Tax can be paid at following Bank Branches
 

Challans to be filled up : For depositing Advance tax, Self Assessment tax, Tax on Regular Assessment, Surtax, Tax on Distributed Profits of Domestic Company and Tax on Distributed income to unit holders. ITNS 280
 

For depositing TDS/TCS by company or non company deductee ITNS 281
 

For depositing Securities transaction tax, Estate duty, Wealth-tax, Gift-tax, Interest-tax, Expenditure/other tax and Hotel Receipt tax ITNS 282
 

For depositing banking cash Transaction Tax and FBT ITNS 283  

Assessment Year 2013-14
ITR-1 SAHAJ Indian Individual Income tax Return
Form English  Form Hindi  Instructions English  Instructions Hindi  ITR-V-Acknowledgement  eFiling_Utility 

ITR-2 For Individuals and HUFs not having Income from Business or Profession
Form English  Form Hindi  Instructions English  Instructions Hindi  ITR-V-Acknowledgement  eFiling_Utility 

ITR-3 For Individuals/HUFs being partners in firms and not carrying out business or profession under any proprietorship  
Form English  Form Hindi  Instructions English  Instructions Hindi  ITR-V-Acknowledgement  eFiling_Utility   

SUGAM (ITR-4S) Sugam - Presumptive Business Income tax Return  
Form English  Form Hindi  Instructions English  Instructions Hindi  ITR-V-Acknowledgement  eFiling_Utility 

ITR-4 For individuals and HUFs having income from a proprietory business or profession  
Form English  Form Hindi  Instructions English  Instructions Hindi  ITR-V-Acknowledgement  eFiling_Utility   

Tutorials :
eTutorial (ITNS 280) For depositing Advance tax, Self Assessment tax, Tax on Regular Assessment, Surtax, Tax on Distributed Profits of Domestic Company and Tax on Distributed income to unit holders;
Click her to view tutorial  /  Click here to prepare your return online 

eTutorial (ITR-1) For Individuals having Income from Salary / Pension / Income from One House Property (excluding loss brought forward from previous years) / Income from Other Sources (Excluding Winning from Lottery and Income from Race Horses 
Click her to view tutorial  /  Click here to prepare your return online 

eTutorial (ITR-2) For Individuals and HUFs not having Income from Business or Profession 
Click her to view tutorial  /  Click here to prepare your return online 

eTutorial (ITR-4) For individuals & HUFs having income from a proprietary business or profession 
Click her to view tutorial  /  Click here to prepare your return online 

Information booklets :  
Filing your Tax Returns /  Taxation of Salaried Employees /  T.D.S. on Salaries /  Assessment of Income From House Property /  Computation of taxable capital gains / 

Important Contacts

TIN - Facilitation Center (NSDL)

eFiling Intermediaries

PAN Application Center (UTITSL)

Tax Return Preparers

Email : Aaykar Sampark Kendra call 0124-24380000

Click here for feedback on this website

For information sought under the RTI Act, please contact your Central Public Information Officer (CPIO) (You can get details of your CPIO from Aaykar Sampark Kendra)

Frequently Asked Questions : Tax Payment Challans /  PAN /  eFiling /  Refunds 

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Conso file is available for download from financial year 2008-2009 onwards.

Authentication code is generated when you clear validation details for a statement for certain functionalists such as Download Form 16 / 16A, Download NSDL Conso File, Download Justification Report, etc. Authentication code generated for a particular statement will be valid for the calendar day (i.e., an authentication code generated on 10-Dec-2012 can be used only on 10-Dec-2012 to clear validation details for the same statement. It will not be valid the next day).

How to download Conso File?

• Login to TRACES as a deductor by entering User Id and Password and clicking on ‘Go’.
• Landing page will be displayed
• Select from Menu - Under ‘Statements / Payments’, click on ‘Request for NSDL Conso File’ to place download request
• Click on Help icon for help text for this screen
• Select Financial Year, Quarter and Form Type for which NSDL Conso File is required and click on ‘Go’

Enter Token Number Details:

1. Enter Authentication Code if the validation is done earlier and you have the Authentication Code
2. Enter Token Number of only Regular (Original) Statement corresponding to the Financial Year, Quarter and Form Type displayed above
3. Tick in Check Box for NIL Challan or Book Adjustment (Government Deductor)
4. Government deductors not having BIN details tick here and need not need provide BSR and Challan Serial Number below
5. Click on Guide to select suitable Challan option
6. Enter CIN details for a challan used in the statement
7. Tick here if you do not any Valid PAN corresponding to above Challan details
8. Click on Guide to select suitable PAN amount Combinations
9. PANs entered must be those for which payment has been done using the CIN / BIN entered on this screen

What Request Number?

• Request Number will be available here.
• Click on ‘Requested Downloads’ under ‘Downloads’ menu to download the NSDL Conso File

Why search File to Download?

• Click on ‘View All’ to view all download requests
• Enter Request Number (Search Option 1) or Request Date (Search Option 2) to search for the download request submitted for Form 16

How to check Search Results?

• Click on a row to select it
• Click on the buttons to download file

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