eTDS Frequently Asked Questions
eTDS - Frequently Asked Questions
Q1 What is e-TDS Return?
A1 e-TDS return is a TDS return
prepared in form No.2426 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
Q2 What is annual e-TDS/TCS Return?
A2 Annual e-TDS/TCS return is the
TDS return under section 206 of the Income Tax Act (prepared in Form Nos. 24 26
or 27) or TCS return under section 206C of the Income Tax Act (prepared in Form
No. 27E) which is prepared in electronic media as per prescribed data
structure. Such returns furnished in a CD/floppy should be accompanied by a
signed verification in Form No. 27A in case of Annual TDS returns or Form No.
27B in case of Annual TCS return.
Q3 What is quarterly e-TDS/TCS
statement?
A3 TDS/TCS returns filed in
electronic form as per section 200(3)/206C as amended by Finance Act 2005 are
quarterly TDS/TCS statements. As per the Income Tax Act these quarterly
statements are required to be furnished from FY 2005-06 onwards. The forms used
for quarterly e-TDS statements are Form Nos. 24Q 26Q and 27Q and for quarterly
e-TCS statement is Form No. 27EQ. These statements filed in CD/floppy should be
accompanied by a signed verification in Form No. 27A in case of both e-TDS/TCS
statements
Q4 Who is required to file e-TDS
return?
A4 As per Section 206 of Income Tax
Act all corporate and government deductors are compulsorily required to file
their TDS return on electronic media (i.e. e-TDS returns). However for other
Deductors filing of e-TDS return is optional.
Q5 Under what provision the e-TDS
return should be filed?
A5 An e-TDS return should be filed
under Section 206 of the Income Tax Act in accordance with the scheme dated
26.8.03 for electronic filing of TDS return notified by the CBDT for this
purpose. CBDT Circular No.8 dated 19.9.03 may also be referred.
Q6 What are the forms to be used for
filing annual/quarterly TDS/TCS returns?
A6
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Q7 Payments are made to employees
and contractors. In such a case TDS return is required to be submitted in a
single Form or separate form is required for employees & contractors.
A7 For tax deducted at . from salary
paid to employees the annual return for tax deducted at . up to financial year
2004-2005 is to be filed in Form 24 and from financial year 2005-2006 onwards
the quarterly returns are to be filed in Form 24Q. Similarly in case of
payments mad to contractors Form 26 will have to be filed for deduction made up
to financial year 2004-2005 and Form 26Q on a quarterly basis for deductions
made from financial year 2005-2006 onwards
Q8 Under what provision should
e-TDS/TCS returns be filed?
A8 An e-TDS return should be filed
under Section 206 of the Income Tax Act in accordance with the scheme dated
August 26 2003 for electronic filing of TDS return notified by the Central
Board of Direct Taxes (CBDT) for this purpose. CBDT Circular No. 8 dated September
19 2003 may also be referred. An e-TCS return should be filed under Section
206C of the Income Tax Act in accordance with the scheme dated March 30 2005
for electronic filing of TCS return notified by the CBDT for this purpose. As
per section 200(3)/206C as amended by Finance Act 2005 deductors/collectors are
required to file quarterly TDS/TCS statements from FY 2005-06 onwards. Who is
the e-Filing Administrator?CBDT has appointed the Director General of Income
Tax (Systems) as e-Filing Administrator for the purpose of electronic filing of
TDS/TCS returns.
Q9 Who is the e-Filing
Administrator?
A9 The CBDT has appointed the
Director General of Income-tax(Systems) as e- Filing Administrator for the
purpose of the Electronic Filing of Returns of Tax Deducted at . Scheme2003.
Q10 Who is an e-TDS Intermediary?
A10 CBDT has appointed National Securities
Depository Ltd. Mumbai as e-TDS Intermediary.
Q11 How will the e-TDS returns be
prepared?
A11 e-TDS return has to be prepared
in the data format issued by e-Filing Administrator. This is available on the
websites of Income-tax Department at i.e. www.incometaxindia.gov.in and of NSDL
at www.tin-nsdl.com. There is a validation software available along with the
data structure which should be used to validate the data structure of the e-TDS
return prepared. The e TDS return should have following features:
- Each e-TDS return file (Form 24 26 or 27) should be in a separate CD/floppy.
- Each e-TDS return file should be accompanied by a duly filled and signed (by an authorised signatory) Form 27A in physical form.
- Each e-TDS return file should be in one CD/floppy. It should not span across multiple floppies.
- In case the size of an e-TDS return file exceeds the capacity of one floppy it should be furnished on a CD.
- In case the e-TDS return file is in a compressed form at it should be compressed using Winzip 8.1 or ZipItFast 3.0 compression utility only to ensure quick and smooth acceptance of the file.
- Label should be affixed on each CD/floppy mentioning name of the deductor his TAN Form no. (24 26 or 27) and period to which the return pertains.
- There should be not any overwriting / striking on Form 27A. If there is any then the same should be ratified by an authorised signatory.
- No bank challan copy of TDS certificate should be furnished alongwith e-TDS return file.
- In case of Form 26 and 27 deductor need not furnish physical copies of certificates of no deduction or lower deduction of TDS received from deductees.
- In case of Form 24 deductor should furnish physical copies of certificates of 'no deduction or deduction of TDS at lower rate' if any received from deductees.
- e-TDS return file should contain TAN of the deductor without which the return will not be accepted.
- CD/floppy should be virus free.
Q12 Are the forms used for e-TDS/TCS
return same as for physical returns?
A12 Forms for filing TDS/TCS returns
were notified by CBDT. These forms are same for electronic and physical
returns. However e-TDS/TCS return is to be prepared as a clean text ASCII file
in accordance with the specified data structure (file format) prescribed by
ITD.
Q13 What are the forms to be used
for filing annual/quarterly TDS/TCS returns?
A13 Following are the forms for
TDS/TCS returns and their periodicity:
Form
No.
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Particulars
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Periodicity
|
Form No. 24
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Annual return of 'Salaries' under
Section 206 of Income Tax Act 1961
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Annual
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Form No. 26
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Annual return of deduction of tax
under section 206 of Income Tax Act 1961 in respect of all payments other
than 'Salaries'
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Annual
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Form No. 27
|
Statement of deduction of tax from
interest dividend or any other sum payable to certain persons
|
Quarterly
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Form No. 27E
|
Annual return of collection of tax
under section 206C of Income Tax Act 1961
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Annual
|
Form No. 24Q
|
Quarterly statement for tax
deducted at . from 'Salaries'
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Quarterly
|
Form No. 26Q
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Quarterly statement of tax
deducted at . in respect of all payments other than 'Salaries'
|
Quarterly
|
Form No. 27Q
|
Quarterly statement of deduction
of tax from interest dividend or any other sum payable to non-residents
|
Quarterly
|
Form No. 27EQ
|
Quarterly statement of collection
of tax at .
|
Quarterly
|
Q14 Can more than one e TDS return
of the same Deductor be prepared in one CD/floppy?
A14 No separate CD/floppy should be
used for each return.
Q15 Is there any software available
for preparation of e-TDS/TCS return?
A15 NSDL has made available a freely
downloadable return preparation utility for preparation of e-TDS/TCS returns.
Additionally you can develop your own software for this purpose or you may
acquire software from various third party vendors. A list of vendors who have
informed NSDL that they have developed software for preparing e-TDS/TCS returns
is available on the NSDL-TIN website.
Q16 What is Form No. 27A?
A16 Form No. 27A is a control chart
of quarterly e-TDS/TCS statements to be filed in paper form by
deductors/collectors alongwith quarterly statements. It is a summary of
e-TDS/TCS returns which contains control totals of 'amount paid' and 'income
tax deducted at .'. The control totals of 'amount paid' and 'income tax
deducted at .' mentioned on Form No. 27A should match with the corresponding
control totals in e-TDS/TCS return. A separate Form No. 27A is to be filed for
each e-TDS/TCS return. In case of Annual Returns the relevant control charts
are Form 27A for e-TDS and Form 27B for e-TCS.
Q17 What are the precautions to be
taken while submitting Form No. 27A/B?
A17 While submitting Form No. 27A/B
one should ensure that:
- There is no overwriting/striking on Form No. 27A/B. If there is any then the same should be ratified (signed) by the authorised signatory.
- Name and TAN of deductor and control totals of 'amount paid' and 'income tax deducted at .' mentioned on Form No. 27A/B should match with the respective totals in the e-TDS/TCS return.
- All the fields of Form No. 27A/B are duly filled.
Q18 What is the data structure (file
format) for preparing e-TDS/TCS return?
A18 e-TDS/TCS return should be
prepared in accordance with the data structure (File Format) prescribed by the
e-filing administrator. Separate data structure has been prescribed for each
type of form whether it is annual return (up to FY 2004-05) or Quarterly return
(FY 2005-06 onwards).
Q19 What is Challan Serial Number
given by the Bank?
A19 Bank Challan Number is a receipt
number given by the bank branch where TDS is deposited. A separate receipt
number is given for each challan deposited. You are required to mention this
challan number in the e-TDS/TCS return and not the preprinted numbers on the
bank challan form i.e. ITNS 269 or ITNS 271.
Q20 What is 'Bank Branch Code'?
Where do I get it from?
A20 Reserve Bank of India has
allotted a unique seven-digit code to each bank branch. You are required to
mention the code of the bank branch where TDS is deposited in the e-TDS/TCS
return. You can get this code from the bank branch where TDS amount is
deposited
Q21 Is it mandatory to mention Tax
Deduction Account Number (TAN) in e-TDS/TCS return?
A21 Yes it is mandatory to mention
the 10 digit reformatted (new) TAN in your e-TDS/TCS return.
Q22 Can I file Form No. 26Q
separately for contractors professionals interest etc.?
A22 No. A single Form No. 26Q with
separate annexures corresponding to each challan payment for each type of
payment has to be filed for all payments made to residents.
Q23 I do not know the Bank Branch
Code of the branch in which I deposited tax. Can I leave this field blank?
A23 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 number is given in the OLTAS challan or
can be obtained from the bank branch or from the search facility at NSDL-TIN
website. It is mandatory to quote BSR 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.
Q24 What should I mention in the
field 'paid by book entry or otherwise' in deduction details?
A24 If payment to the parties (on
which TDS has been deducted) has been made actually i.e. by cash cheque demand
draft or any other acceptable mode then 'otherwise' has to be mentioned in the
specified field. But if payment has not been actually made and merely a
provision has been made on the last date of the accounting year then the option
'Paid by Book Entry' has to be selected.
Q25 By whom should the control chart
Form 27A be signed?
A25 Form 27A is the summary of the
TDS/TCS statement. It has to be signed by the same person who is authorized to
sign the TDS/TCS statement in paper format.
Q26 What if e-TDS/TCS return does
not contain PANs of all deductees?
A26 In case PANs of some of the
deductees are not mentioned in the e-TDS/TCS return the Provisional Receipt
will mention the count of missing PANs in the e-TDS/TCS return. The details of
missing PANs (to the extent it can be collected from the deductees) may be
filed within seven days of the date of Provisional Receipt to TIN-FC. e-TDS/TCS
return will be accepted even with missing PANs. However if PAN of deductees is
not given in the TDS return tax deducted from payment made to him cannot be
posted to the statement of TDS to be issued to him u/s 203AA.
Q27 Is the Challan Identification
Number compulsory?
A27 Yes. Challan Identification
Number is necessary for all non-Government deductors.
Q28 Is PAN mandatory for deductors
and employees/deductees?
A28 PAN of the deductors has to be
given by non-Government deductors. It is essential to quote PAN of all
deductees failing which credit of tax deducted will not be given.
Q29 I am a deductor having more than
one office/branch do I file separate e-TDS/TCS returns for each office/branch
or can I file a consolidated return for all offices/branches? Can I quote the
same TAN for filing e-TDS/TCS returns for each branch?
A29 If you have more than one
office/branch you can file a consolidated e-TDS/TCS return for all
offices/branches. In this case you should quote the same TAN. You can also file
e-TDS/TCS returns office/branch-wise individually. In such cases you need to
have separate TAN for every branch. In case you do not have separate TAN for
each branch then you should apply for TAN for each of the branches filing
separate e-TDS/TCS return.
Q30 Should I file copies of certificate
for no deduction or concessional deduction of tax along with the e-TDS/TCS
return?
A30 In case of salary e-TDS/TCS
return (Form No. 24) you have to file certificate for no deduction or
concessional deduction of TDS alongwith the e-TDS/TCS return. In case of
non-salary (Form No. 26/27) you need not file certificates for no deduction or
concessional deduction of TDS alongwith the e-TDS/TCS return. This is not
required in case of any quarterly statements
Q31 Where can the e-TDS return be
filed?
A31 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 website on www.incometaxindia.gov.in or
at www.tin-nsdl.com.
Q32 Will annual returns/quarterly
statements furnished by entities who are eligible to file the same in physical
form be accepted by the Income Tax Department?
A32 No. Physical TDS/TCS
returns/statements will be received at TIN-FCs
Q33 What are the basic details that
should be included in the of e-TDS return?
A33 Following information must be
included in the e-TDS return for successful acceptance. If any of these
essential details is missing the returns will not be accepted at the TIN -
Facilitation Centres -
- 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.
- The particulars relating to deposit of tax deducted at . 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.
- The data structure of the e-TDS return is as per the structure prescribed by the e-Filing Administrator.
- 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.
- The Control totals of the amount paid and the tax deducted at . 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.
Q34 What happens if any of the
control total mentioned in Form 27A not match with that in the e TDS return?
A34 In such a case the e TDS return
will not be accepted at the TIN Facilitation Centre.
Q35 What happens in a situation
where a deductor does not have TAN or has a TAN in old format?
A35 The Deductor will have to file
an application in Form 49B at the TIN Facilitation Centre along with
application fee(Rs 50/-) for TAN.
Q36 Whether any charges are to be
paid to the e-TDS Intermediary?
A36 The assessee is to pay following
charges as upload charges at the time of filing of e-TDS return to M/s NSDL.
Category of e-TDS return
|
Upload charges
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Returns having up to 100 deductees
records
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Rs.25/-
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Returns having 101 to 1000
deductees records
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Rs. 150/-
|
Returns having more than 1000
deductees records
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Rs.500/-
|
Tax as applicable will also be
paid by the deductor.
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Q37 How to find address of the
office where e-TDS return can be filed?
A37 Addresses of the TIN FCs are
available on www.incometaxindia.gov.in or at www.tin-nsdl.com..
Q38 What are the due dates for
filing quarterly TDS Returns?
A38 The due dates for filing
quarterly TDS returns both electronic and paper are as under :
Quarter
|
Due Date
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Due Date for 27 Q
|
April to June
|
July 15
|
14 July
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July to September
|
October 15
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14 October
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October to December
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January 15
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14 January
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January to March
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June 15
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14 June
|
Q39 Is the procedure for filing of e
TCS different from that of filing eTDS return?
A39 The procedure for filing of
e-TCS return is the same as that of e-TDS except the forms to be used are
different. The relevant forms for filing the eTCS return are
- Annual - Form No. 27E 27B (Control Chart)
- Quarterly- Form No 27EQ 27A.
Q40 Should I file TDS certificates
and bank challans along with the e-TDS/TCS return?
A40 No you need not file TDS
certificates and bank challans for tax deposited along with the e-TDS/TCS
return.
Q41 Can more than one e-TDS/TCS
return be filed in a single computer media (CD/floppy)?
A41 No each e-TDS/TCS return should
be in a separate CD/floppy along with separate Form No. 27A for each return
Q42 Can a single e-TDS/TCS return be
filed in two or more floppies?
A42 No if the size of the return is
more than what can be stored in one floppy then it should be stored in a CD
Q43 Can e-TDS/TCS return be filed in
compressed form?
A43 Yes if e-TDS/TCS return file is
filed in compressed form it should be compressed using Winzip 8.1 or ZipItFast
3.0 (or higher version compression utility only) so as to ensure quick and
smooth acceptance of the file.
Q44 Do I have to affix a label on
the e-TDS/TCS return CD/floppy? What do I mention on the label affixed on the
e-TDS/TCS return CD/floppy?
A44 Yes you should affix a label on
the e-TDS/TCS CD/floppy for identification purpose. You should mention your PAN
TAN name Form No. Financial Year and period to which return pertains on the
label affixed on the e-TDS/TCS return CD/floppy.
Q45 What if e-TDS/TCS return does
not contain PANs of all deductees?
A45 In case PANs of some of the
deductees are not mentioned in your e-TDS/TCS return the Provisional Receipt
will contain the count of missing PANs in the e-TDS/TCS return. You may file
the details of missing PANs within seven days of the date of Provisional
Receipt to TIN-FC as a corrected e-TDS/TCS return.
Q46 If a deductor faces any
difficulty in filing of e-TDS return where can it approach for help?
A46 The details regarding the help
required for filing of e-TDS are available on the Income-Tax Department website
and the NSDL-TIN website. The TIN-FCs are also available for all related help
in the e-filing of TDS returns.
Q47 E-TDS returns have been made
mandatory for Government deductors. How do I know whether I am a Government
deductor or not?
A47 All Drawing and Disbursing
Officers of Central and State Governments come under the category of government
deductors.
Q48 Whether the particulars of the
whole year or of the relevant quarter are to be filled in Annexures I II and
III of Form 24Q?
A48
- In Annexure I only the actual figures for the relevant quarter are to be reported.
- In Annexures II & III estimated/actual particulars for the whole financial year are to be given. However Annexures II & III are optional in the return for the 1st 2nd and 3rd quarters but in the quarterly statement for the last quarter it is mandatory to furnish Annexures II & III giving actual particulars for the whole financial year.
Q49 In Form 24Q should the
particulars of even those employees be given whose income is below the
threshold limit or in whose case the income after giving deductions for savings
etc. is below the threshold limit?
A49
- Particulars of only those employees are to be reported from the 1st quarter onwards in Form 24Q in whose case the estimated income for the whole year is above the threshold limit.
- In case the estimated income for the whole year of an employee after allowing deduction for various savings like PPF GPF NSC etc. comes below the taxable limit his particulars need not be included in Form 24Q.
- In case due to some reason estimated annual income of an employee exceeds the exemption limit during the course of the year tax should be deducted in that quarter and his particulars reported in Form 24Q from that quarter onwards.
Q50 How are the particulars of those
employees who are with the employer for a part of the year to be shown in Form
24Q?
A50
- Where an employee has worked with a deductor for part of the financial year only the deductor should deduct tax at . from his salary and report the same in the quarterly Form 24Q of the respective quarter(s) up to the date of employment with him. Further while submitting Form 24Q for the last quarter the deductor should include particulars of that employee in Annexures II & III irrespective of the fact that the employee was not under his employment on the last day of the year.
- Similarly where an employee joins employment with as deductor during the course of the financial year his TDS particulars should be reported by the current deductor in Form 24Q of the relevant quarter. Further while submitting Form 24Q for the last quarter the deductor should include particulars of TDS of such employee for the actual period of employment under him in Annexures II & III.
Q51 The manner of computing total
income has been changed in the budget for the current year by allowing
deduction under section 80C. However the present Form 24Q shows a column for
rebate under section 88 88B 88C and 88D. how should Form 24Q be filled up in
absence of a column for section 80C?
A51 While filling up Form 24Q the
columns pertaining to sections 88 88B 88C and 88D may be left blank. As regards
deduction under section 80C the same can be shown in the column 342 pertaining
to Amount deductible under any other provision of Chapter VI-A.
Q52 Form 24Q shows a column which
requires explanation for lower deduction of tax. How can a DDO assess it?
Please clarify.
A52 Certificate for lower deduction
or no deduction of tax from salary is given by the Assessing Officer on the
basis of an application made by the deductee. In cases where the Assessing
Officer has issued such a certificate to an employee deductor has to only
mention whether no tax has been deducted or tax has been deducted at lower rate
on the basis of such a certificate.
Q53 Can I file Form 26Q separately
for contractors professionals interest etc.?
A53 No. A single Form 26Q with
separate annexures for each type of payment has to be filed for all payments
made to residents.
Q54 If a deductee finds discrepancy
in his PAN ledger account what is the mechanism available for correction?
A54 The details regarding the help
required for filing of eTDS are available on the following two websites:
The TIN Facilitation Centers of the
NSDL at over 270 cities are also available for all related help in the e filing
of the TDS returns
Q55 Whether the eTDS can be filed
online?
A55 Yes eTDS return can be filed
online under digital signature.
Q56 What are the different views
available for Tax Payers?
A56 On the NSDL-TIN website three
types of views are available for a tax payer:
- Access without authentication.
- Access with Digital Signature Certificate (DSC).
- Access through TIN-FC.
Q57 What is access without
authentication?
A57 On providing the TAN and
provisional receipt number the deductor can view the following details:
- Whether quarterly statements have been uploaded to TIN central system by TIN-FC.
- Whether quarterly statements have been accepted by TIN central system.
- Whether challans in statements have been matched with challans uploaded by banks.
- Number of deductees whose PAN accounts have been booked.
- Line no. of deductees in statements whose PAN accounts could not be booked.
- Confirm whether a specific PAN account has been booked.
Q58 What is access with
authentication?
A58 To access this view the tax
payer should have a Digital Signature Certificate (DSC) which has to be
registered with NSDL in advance. (Details of the same are available at Online
Uploads section of the NSDL-TIN website.) The tax payer has to authenticate its
identity using the DSC. All the views mentioned above will be available with
financial details.
Q59 What is access through TIN-FC?
A59 Deductors can access details of
their statements through the TIN-FC who has uploaded their statements.
Q60 Will the TIN-FC give any
acknowledgment/receipt after acceptance of e-TDS/TCS return?
A60 If the e-TDS/TCS return file is
complete in all aspects TIN-FC will issue a provisional receipt to you. The
provisional receipt issued by TIN-FC is deemed to be the proof of e-TDS/TCS
return filed by you.
Q61 What if my e-TDS/TCS return is
not accepted by TIN-FC how will I know the reason for rejection?
A61 In case of non-acceptance of
your e-TDS/TCS return file TIN-FC will issue a Non-Acceptance Memo which will
state reason for rejection.
Q62 Will the Paper TDS data be
available online on TIN database?
A62 Yes the Paper TDS data will also
be available in TIN database after the digitalization of the Paper TDS return
by the e-intermediary.
Q63 I do not know the Bank branch
code of the branch in which I deposited tax. Can I leave this field blank?
A63 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.
Q64 What should I mention in the
field "paid by book entry or otherwise" in deduction details?
A64 If payment to the parties (on
which TDS has been deducted) has been made actually i.e. by cash cheque demand
draft or any other acceptable mode then "otherwise" has to be
mentioned in the specified field. But if payment has not been actually made and
merely a provision has been made on the last date of the accounting year then
the option "Paid by Book Entry" has to be selected.
Q65 What is the "Upload
File" in the new File Validation Utility?
A65 Earlier the "Input
file" of the File Validation Utility (FVU) had to be filed with TIN FC.
Now "Upload File" which has some additional information such as the
version no. of FVU has to be filed with TIN FC. This is a file which is
generated by the FYU after the return /file prepared by the Return Preparation
Utility (RPU) is validated using the FYU.
Q66 By whom should the control chart
Form 27A/ 27B be signed?
A66 Form 27A/ 27B is the summary of
the TDS/TCS return. It has to be signed by the same person who is authorized to
sign the TDS/ TCS return in paper format.
Q67 What are the Control Totals
appearing in the Error / response File generated by validating the text file
through File Validation Utility (FVU) of NSDL?
A67 The Control Totals in Error
response File are generated only when a valid file is generated. Otherwise the
file shows the kind of errors. The control totals are as under:
- No. of deductee/party records: In case of Form 24 it is equal to the number of employees for which TDS return is being prepared. In case of Form 26/ 27 it is equal to the total number of records of tax deduction. 10 payments to 1 party would mean 10 deductee records.
- Amount Paid: This is the Total Amount of all payments made on which tax was deducted. In case of Form 24 it is equal to the Total Taxable Income of all the employees. In case of Form 26/27 Amount Paid is equal to the total of all the amounts on which tax has been deducted at ..
- Tax Deducted: This is the Total Amount of Tax actually Deducted at . for all payments.
- Tax deposited: This is the total of all the deposit challans. This is normally the same as Tax Deducted but at times may be different due to interest or other amount.
Q68 Are the control totals appearing
in Form 27A same as that of Error/ response File?
A68 Yes the control totals in Form
27A and in Error/ response File are same.
Q69 What if e-TDS return does not
contain PANs of all deductees?
A69 In case PANs of some of the
deductees are not mentioned in the e-TDS return the Provisional Receipt will
mention the count of missing PANs in the e-TDS return. The details of missing
PANs (extent it can be collected from the deductees) may be furnished within
seven days of the date of Provisional Receipt to TIN- FC. e-TDS return will be
accepted even with missing PANs. However if PAN of deductees is not given in
the TDS return tax deducted from payment made to him cannot be posted to the
statement of TDS to be issued to him u/s 203AA.
Q70 Is the bank challan number
compulsory?
A70 Yes. Challan identification number
is necessary for all non government deductors.
Q71 Will the quarterly paper returns
be accepted by the Income tax department?
A71 No. All quarterly paper TDS/TCS
returns will be received at TIN-FCs
Q72 Is PAN mandatory for deductor
and employees/ deductees ?
A72 PAN of the deductors has to be
given by non government deductors. It is essential to quote PAN of all
deductees failing which credit of tax deducted will not be given.
Q73 What is the due date for
furnishing TDS returns for the financial year 2004-2005 and the 1st quarterly
return for the financial year 2005-2006?
A73 The due date for furnishing
returns for tax deducted for the financial year 2004-2005 was 30th June 2005
which has been extended to 31st August 2005 in case of Government deductors
only. The quarterly returns for the quarter ending 30th June become due on 15th
July. However for the quarter ending 30th June 2005 the due date has been
extended to 31st August 2005 for all deductors.
Nice post. Very informative..
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