What is ETDS?

e-TDS return is a TDS return prepared in form No. 24, 26 or 27 in electronic media as per prescribed data structure in either a floppy or a CD ROM. The floppy or CD ROM prepared should be accompanied by a signed verification in Form No. 27A.

How do you fill a 27Q?

Details Required to be filled in Form 27Q

The Payer. Name of the Payer. Address. PAN Number.
The Payee. Name of the Payee. The branch of the division for collection. Complete Address.
Challan. The Serial number of Challan. TDS amount. Surcharge amount.
Deduction. Name of the Tax Collector. PAN Number. Amount paid to the Payee.

How do I file a 27EQ?

Contents of Form 27 EQ

TAN Details.
PAN Details.
The financial year.
The assessment year.
If a statement has already been filed for the quarter in question.
If a statement has been filed then the provisional receipt number of the original statement will be required.

What is Form 27 A?

Form 27A is a summary of e-TDS/TCS return (Form 24Q, 26Q, 27Q & 27EQ), which contains control totals of ‘Amount Paid’, ‘Income tax deducted at source’& ‘Tax Deposited (Total challan amount)’. Form 27A is required to be furnished separately for each e-TDS/TCS return (Form 24Q, 26Q, 27Q & 27EQ).

Who has to file Form 27Q?

Form 27Q is a TDS Return or Statement containing details of Tax Deducted at Source (TDS) deducted on payments other than salary made to Non-Resident Indian (NRI) and foreigners. Form 27Q is required to furnish on a quarterly basis on or before the due date.

What is 27Q and 27EQ?

Form 24Q, 27Q and 27EQ are return forms related to TDS which are to be presented by the deductor to Income Tax Department. Payer or deductor deducts the TDS and submits the amount (TDS amount) as tax to the government. Recipient or deductee receives the TDS subtracted amount as income or salary.

Who needs to file 27EQ?

Corporate and government collectors and deductors are required to submit Form 27EQ. Form 27EQ is a quarterly statement that mention details and information regarding tax collected at source at the end of every quarter as per Section 206C of the Income Tax Act 1961.

How do I get 27A TDS?

Go to Gateway of Tally > Display > Statutory Reports > Payroll Reports > Income Tax > E-Return > Print Form 27A .

What is Form 27C?

Form 27C is a document that can help in getting tax exemption from the tax deducted at the source. Both buyers and sellers can use this for all the goods specified in the Income Tax Act. As specified in Section 206C (1) of the Income Tax Act, tax is to be collected from the buyer of goods. …

Where can I get the latest version of E TDS / TCS?

Users may ensure that they download the latest version of the utility at the time of preparation of return. Users must pass the e-TDS/ TCS return file generated using RPU through the File Validation Utility (FVU) to ensure format level accuracy of the file. This utility is also freely downloadable from NSDL e-Gov TIN website.

How to file ETDS / TCS statement through e-filing portal?

Procedure for filing eTDS/TCS statement online through e-filing portal is as under: a. Registration: The deductor/collector should hold valid TAN and is required to be registered in the e-filing website (https://www.incometaxndiaefiling.gov.in/) as “Tax Deductor & Collector” to file the “e-TDS/e-TCS Return”.

When is TDS / TCS statement accepted by ITD?

TDS/TCS statements are furnished on quarterly basis, Now, quarterly statements pertaining to Financial Year 2007-08 onwards are accepted as per the guidelines of Income Tax Department. ITD has notified revised file formats for preparation of TDS (i.e. Tax Deducted at source) and TCS (i.e. Tax collected at source) statements.

How to file TDs return with digital signature certificate?

The deductor/collector is required to upload the “Zip” file along with either the signature file (generated as explained in para (b) above) or EVC. In case of External agency user, TDS/TCS return can be filed for the deductors/collectors under their jurisdiction using Digital Signature Certificate.