Sometimes back, I have write about faq on etds.
It is important to understand various forms and due date for filling purpose to NSDL for ETDS return.
Uploading ETDS return on NSDL server is mandatory for all type of assesses. Tally.erp 9 support generating of ETDS return for 26Q and form no. 27 which can be directly uploaded to NSDL server after verification of file through file verification utility.However for this purpose, one need to make proper entries in tally.erp 9 for TDS
The Income Tax department has now notified ‘Electronic Filing of Returns of Tax Deducted at Source Scheme, 2003’. It is applicable to all deduct or’s furnishing their TDS return in electronic form. As per this scheme,
- It is mandatory for corporate dedicators to furnish their TDS returns in electronic form (e-TDS return) with effect from June 1, 2003.
- For government deductees or’s it is mandatory to furnish their TDS returns in electronic form (e-TDS return) from the financial year 2004-2005 onwards.
- Deductor’s (other than government and corporate) may file TDS return in electronic or physical form.
Deduct or’s furnishing TDS returns in electronic form (e-TDS) have to furnish Form 27A. Form 27A is a control chart to be furnished in physical form along with CD/ Floppy containing the e-TDS returns. Form No 27A is required to be furnished separately for each TDS return.
Form 27A is a summary of e-TDS returns which contains control totals of ‘Amount paid‘ and ‘Income tax deducted at source’. The control totals mentioned on Form 27A should match with the corresponding control totals in e-TDS returns.
Filed in physical form with each return i.e. Form 26Q, Form 27Q, Form 26 and Form 27
|
Forms |
Periodicity |
Due Date |
|
Form 26Q |
Quarterly |
On or before 15th July, 15th October, 15th January and 5th June |
|
Form 27Q |
Quarterly |
On or before 14the July, 14th October, 14the January and 14th April or 14th June |
|
Form 26 |
Annual |
On or before 30th June, following the financial year |
|
Form 27 |
Annual |
On or before 30th June, following the financial year |
|
Form 27A |
Annual/Quarterly |
Filed in physical form with each return i.e. Form 26Q, Form 27Q, Form 26 and Form 27 |
To view E-Returns menu
Go to Gateway of Tally > Display > Statutory Reports > TDS Reports > E-Return
Click to ETDS
Click to 26Q under Quarterly or Yearly (for which you want to generate E tds return)
Fill up the related the details to Generate and hit the final yes button to generate the ETDS return
Mahendra is founder and CEO of the I Vision Infotech, Authorised Tally Sales and Service Partner and helping Tally users to learn Tally and accounting free through this site
Dear Rupesh,
I do not like that a tally nine reader post his/her comments on irrelevant topic. Your first commented about cheque printing in the post “”How to create excise duty ledger in tally.erp 9?”
Now you wanted to post another comment relating to inventory on an article which is related to ETDS ! Sorry I can’t approve it.
I will suggest you either to post your comments to related articles. your post it to our Support Forum
Sir,
What do u mean by” one needs to make proper entries in tally9 erp
Dear Chavan,
What I meant to say is that to Generate your ETDS Return perfectly, you need to make your TDS entries properly in tally.erp 9. The word TDS is an anchor text which contains a link to another article on how to make tds entries properly in tally.erp 9. You should pass all tds entries in automated mode and not in manual mode. only after that you can be able to generate a valied ETDS return as well as tds certificate will be prepared by the tally.erp 9 software itself.
Please revert back in case of further information/clarification
what is form 26Q and 27Q mean
Respected Sir,
only one question of tds how to generate e.tds.reply must
Hi Mahendra,
Recently our Software has discontinued Form 27A and replaced it with Form 26Q. Can you please tell me the reason why it could have done? Is 26Q a statutory replacement for 27A ?
Anil,
There is no such replacement. Both form are compulsory and you must comply with both of them.
hello sir,
what is the deference between tds and etds
Discovered your web on Bing today and really loved it.. I filed as a favorite it and will be back to check it out some more later . Excellent work once again! I am looking forward for your next post. I work in a company developing Euromillones
After generating 27Q physical filing with cd for this any last date is there…
HOW AND WHEN TO FILL FORM 27A