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FAQResolution
What is Form 24QForm 24Q is the Quarterly return to be filed by any deductor (Employer) for all tax deductions at source made on behalf of 'Salary' payments.
What is Form 27AForm for furnishing information with the statement of deduction of tax at source. It is a summary of eTDS return which contains control totals of 'amount paid' and 'income tax deducted at source'. This has to be mandatorily verified using FVU (File Validation Utility). Name and TAN of deductor and control totals of 'amount paid' and 'income tax deducted at source' mentioned on Form No. 27A should match with the respective totals in the eTDS return.
What is TDSCompanies making payments (specified under Income Tax Act) to third parties (deductees) are required to deduct tax at source (Tax Deducted at Source -TDS) from these payments and deposit the same at any of the designated branches of banks authorized to collect taxes on behalf of Government of India.
What is eTDSCompanies making payments should also furnish TDS returns containing details of deductee(s) and challan details relating to deposit of tax to IT Department. It is mandatory to furnish TDS returns in electronic form (eTDS return)
How do I file eTDSIt is mandatory to submit Form 27A generated by TDS FVU (File Validation Utility) duly signed, along with the TDS statement(s) towards eTDS returns. This can be achieved through TIN-Facilitation Centers (TIN-FC) established by NSDL or directly upload through NSDL web-site
Can I file eTDS online via NSDL without the help of a TIN Facilitation Center?Yes 1. Login to the TIN central system (https://onlineservices.tin.egov-nsdl.com/TIN/JSP/security/Login.jsp) by signing with the DSC mapped with it. 2. On authentication of the DSC, you will get access to the online upload system. 3. Select 'Upload' option from the main menu and select sub option "TDS/TCS" and upload the electronic statement online to the TIN central system by digitally signing the upload. 4. The DSC will be authenticated by NSDL e-Gov. On successful authentication the electronic statement will be uploaded and a file reference number will be generated. 5.1 If DSC authentication fails the electronic statement will not be uploaded. 6. The status of the electronic statement uploaded can be viewed by selecting 'File Status' from the main menu. In case of an accepted electronic statement, a Provisional Receipt will be generated this will contain a Provisional Receipt Number/ Token number. The deductor can view/print the Provisional Receipt.
As an employer, is that mandatory to file eTDSYes
What is the periodicity to file eTDSQuarterly
Any due date for eTDS filing?

Yes

QuarterDue
Apr - Jun15 Jul
Jul - Sep15 Oct
Oct - Dec15 Jan
Jan - March15 May
What is FVUFile Validation Utility. This is provided by NSDL to verify the eTDS return format (clean text ASCII format). In greytHR, need not worry about the FVU version, file format etc. as the software generates the FVU verified file for eTDS return filing
What is Challan NumberChallan 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 while performing the eTDS return.
Can I update Challan Details in greytHRYes. Based on number of times you make payments, a quarter can have multiple challans. So system permits you to allocate employees in the challan whenever prompted so under Overview. You can also unallocate employees or even delete a challan. For details please refer docs at http://docs.greytip.in/display/GOIN/Form+24Q#Form24Q-ViewChallan
What is the procedure for generation of a FVU verified file for eTDS return, by using greytHR?
  1. Lock the payroll 
  2. Come to Form 24Q overview screen 
  3. Update the Receipt No ( this is the 15 digit acknowledge number which you have received while filing eTDs for the previous quarter) 
  4. For the required quarter, if challan details are not updated, please perform that step 
  5. Click on Generate FVU button and get the FVU verified file for eTDS filing purpose
  6. We recommend to refer docs for step by step explanation of the process http://docs.greytip.in/display/GOIN/Form+24Q
What is receipt number shown under Quarter Overview?This is the acknowledgment number given on successful authentication of the electronic statement uploaded at NSDL e-Gov for the previous Quarter. This is termed as Token Number and earlier referred as Provisional Receipt Number
What is corrected TDS statement or RevisionDeductor is required to furnish one regular TDS statement for a particular TAN, Form, Financial year and Quarter. In case there are any additions/updates to be made to the details of the regular statement accepted at the TIN central system, the same should be done by furnishing a correction statement.
Why should I file a revised return/ corrected eTDSIn case of deficiencies in the accepted regular TDS statement such as incorrect challan details or PAN not provided or provided incorrectly, the tax credit will not reflect in the Form 26AS of the deductees in your statement. To facilitate compliance as well as correct credit in Form 26AS of the deductees you are required to remove deficiencies, if any, in the accepted regular TDS statement by filing a correction statement.
What are the different types of changes / corrections that I can make?

C1 : Update deductor details such as Name, Address of Deductor.

C2 : Update challan details such as challan serial no, BSR code, Challan tender date, Challan amounts etc.

C3 : Update/delete /add deductee details

C4 : Add / Delete salary detail records.

C5 : Update PAN of the deductee or employee in deductee/salary details

C9: Add a new challan and underlying deductees.

Do I need to file separate correction statements for various types of changes?No. In case you need to update or add different deductees / challans in the same statement, it can be done in a single correction file. Depending on the type of correction a single correction file may contain multiple correction statements.
What is CTDS File?CTDS is the Consolidated TDS Statement for a quarter
Why I require CTDS? Deductor is required to furnish a quarterly TDS statement as per guidelines of the Income Tax Department. For any update in the quarterly TDS statement, a correction statement is furnished by the deductor / collector. Correction statement is to be prepared on the latest statement details (accepted) at TIN central system. Consolidated TDS statement provided by TIN consists of latest statement details i.e., the updates done vide correction statements (accepted at TIN central system).
How do I get Consolidated TDS File?
  1. Consolidated file will be available download for successful generated request at [https://www.tdscpc.gov.in/app/login.xhtml] 
  2. File will be available for download within 24 hours of request
  3. Consolidated TDS file will also be e-mailed at the registered e-mail ID (s)
  4. Consolidated TDS file will be available for download for 30 calendar days
  5. Consolidated TDS file can be downloaded under “View status file” option. We recommend to refer the given link for step by step explanation of the process [https://www.tin-nsdl.com/online-tan/onlinetan-registration-overview-steps.php]
What is the procedure for submission of a correction statement/ file a revised return by using greytHR?
  1. Lock the payroll
  2. Come to Form 24Q overview screen
  3. Go to the quarter for which you wish to file a revised eTDS
  4. Click on the button 'Form 24Q Revision'
  5. Upload Consolidated TDS (CTDS) for the quarter
  6. Changes (Corrections derived by the system) will be displayed under C1, C2 etc.
  7. Click on Next button and system will start processing the FVU verification
  8. If successful, FVU verified file and Form 27A will be displayed under the Revision tab
     
    8.1 If failed, an Error file will be displayed and you have to see the reason for error, fix it and then run Revision Process, again. 
  9. We recommend to refer docs for step by step explanation of the process
  
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