Simplify Process of eTDS Returns


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With greytHR is is easy to add or edit challans, generate Form 24Q, 27A etc.

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Simplify Process of eTDS Returns

  1. 1. Form 24Q generation for TDS filing
  2. 2. What is TDS? Tax Deducted at Source (TDS) refers to income tax that is deducted from the payments made to individuals or organizations. In the context of Payroll it refers to the income tax that is deducted from the employee’s salary. The TDS deducted has to be paid to the Income Tax department and reports need to be filed on the tax calculated, deducted and remitted.
  3. 3. Forms to be used for filing annual/quarterly TDS/TCS returns Form No Particulars Periodicity Form 24 Annual return of "Salaries" under Section 206 of Income Tax Act, 1961 Annual Form 26 Annual return of deduction of tax under section 206 of Income Tax Act, 1961 in respect of all payments other than "Salaries" Annual Form 27 Statement of deduction of tax from interest, dividend or any other sum payable to certain persons Quarterly Form 27E Annual return of collection of tax under section 206C of Income Tax Act, 1961 Annual Form 24Q Quarterly statement for tax deducted at source from "Salaries" Quarterly Form 26Q Quarterly statement of tax deducted at source in respect of all payments other than "Salaries" Quarterly Form 27Q Quarterly statement of deduction of tax from interest, dividend or any other sum payable to non-residents Quarterly Form 27EQ Quarterly statement of collection of tax at source
  4. 4. Process of filing e-TDS Returns
  5. 5. Process of FVU validation for etds filing 1. Ensure accurate tax deduction is done for all employees. 2. Remit deducted taxes and update the challan information correctly for all employees. 3. At the end of each quarter: • Download the latest FVU utility from the TIN/NSDL website (4.4 currently). • Set up the new utility on a Windows machine. (If you use Linux or Mac, you are out of luck). • Ensure Java is installed. • Download CSI file from the TIN website. • Prepare the return text file using some payroll software. • Run the FVU utility to validate the returns. • If the validation is successful, upload the FVU file to the TIN website or do an electronic submission along with the signed form 27A PDF at the facilitation center. • If the validation fails, see the error report and fix the reported issues. Prepare a revised return text file and go back to step (f)
  6. 6. New & simplified process of filing Form 24Q
  7. 7. Add Challan Click on Payroll > Admin > Form 24 Q and select the quarter for Form 24Q generation
  8. 8. Add Challan Enter the challan information and click Save
  9. 9. View the Challan details and allocate employees
  10. 10. Generate FVU file Any remaining tasks gets highlighted You can refer the help to understand the FVU generation process.
  11. 11. And you are done On successful run, the complete set of files display. Upload the form24q.fvu file to the Income Tax portal and print and sign the Form 27(A).pdf for hard copy submission.
  12. 12. For more visit or write to us at
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