Every layman afraid from TDS because of difficult process of deduction, payment, Return, Statement etc. But we will try to make it simple as every layman can play with TDS. In this article we will discuss about What is eTDS return, how to file TDS Return, Where to file it, How to prepare it, software and documents.  If you have any query related to TDS return, ask in the comment form given below. We will try to solve your query as soon as possible. We have covered all amendment by finance act (No.2) 2014, so you can say that the below article will be applicable for F.Y.2014-15 or A.Y.2015-16.

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What is e-TDS Return/Statement?

TDS Return/statement is a summary of all the transaction made during Quarter filed in the form of 26Q, 24Q, 27Q by computer readable media on CD ROM/PIN Drive as format described under Income Tax Act.

Who are liable to submit e-TDS Return/Statement?

The person who deducts TDS is liable to furnish eTDS Return. It is mandatory to file TDS Return within time as given below; otherwise they are liable to pay penalty for non-submitting of e-TDS Return. The following persons are required to file e-TDS return quarterly.

  • Company
  • Persons whose accounts Audited (See limit for Audit of Accounts)
  • Govt. Officers

Preparation of e-TDS Statement Step by Step

1) TDS Return Software: First of all you need the software to prepare TDS return as the format given by e-Filing Adminsistrator/Income tax Department. You can find the data format on the official website of Income Tax Department i.e. www.incometaxindia.gov.in and e-TDS Intermediary’s website i.e. http://tin.nsdl.com. There is also software to validate the file which is prepared by TDS software. But you don’t need to download it, if you have purchased the TDS software from valid vendor. The e-tDS Intermediary (NSDL) has also provided the valid vendor of TDS soft wares. You can buy online or offline.

All software has its help file to prepare TDS return/statement. As we have experience, all software required to enter three entries after creation of master of payees/deductee and payers/deductors.

(a)    Credit or Paid Amount

(b)   TDS deducted on that amount

(c)    Challan detail of TDS payment

2) After Preparing and validating the .fvu file (e-TDS file after preparation), it will generate form 27A. You should Printout two copies of 27A.

3) The authorized signatory should sign on it.

4) Copy the .fvu file to Pen Drive or burn the CD. But confirm form your nearest TIN Facilitation centers for facility of Pen drives.

5) Now go to the TIN center with CD/Pen Drive and form 27A.

6) Pay the fee for process of TDS return (Rs.31 up to 100 deductees, Rs. 185 for maximum 1000 and minimum 101 deductees, Rs. 618 for more than 1000 deductees)

7) Now take the provisional receipt from TIN Center and you have done.

You don’t need to attach any document along with form 27A. Only non or lower deduction certificates should be attach in the case of salary TDS return (Form 24Q). Zip of file by Win Rar and Winzip Software is allowed.

We will cover the other aspects for return of TDS like Correction in TDS e-Return, how to use the software, Download online statements and TCS returns.

Due Dates to File TDS Returns/ TDS Statements

QTRs.
Due Dates in Case of Deductor (Office of the Government)
Due Dates In Other Cases
1st QTR ending on 30th June, 201431st July15th July
2nd QTR ending 30th September31st October 15th October
3rd QTR ending 31st December31st January15th January
4th QTR ending 31st March15th May15 the May

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10 Responses to Where, Why and How to File TDS Return

  1. Rajesh says:

    Suppose If TDS is not deducted for FY 2011-2012, can we deduct the TDS of FY 2011-2012 in the current FY i.e.2012-2013?. If it is possible, How to file return for such deduction?

    • Tulasi Reddy.G says:

      Yes It IS Possible But We have To Pay Interest As Well As Penalty For Late Payment & Filing Of Late Return

      Thulasi Reddy.G

  2. Nirav says:

    can we file the tds return offline

  3. harshad says:

    Hi FY 2009-10 and FY 2010-11 i had done one construction project. I was contractor or sub contractor in this project. I used to receive the payments by check and obviously they use to cut the TDS amount before giving the payments. and paid the TDS to central government.
    Now couple of day a go i got letter from income tax office that i have not filed the incone tax returnhaving description as TDS retun under section 194C. I want to file eTDS return online. please tell me which ITR form (i.e. ITR1, ITR2, ITR3, ITR4 …..) should i use to fill the details of tds deducted. I have original copy of TDS Certificates with me (i.e. Form 16A) for Assessment year 2010-11 and 2011-12 with all details provided by deductor. In short i want know in which ITR category I (contractors or sub contractors) fall in. i dont have any other bussiness or any source of income. Please help….

  4. nikhil singh says:

    Say my yearly income is 450000 and my cut from tht for TDS is 45000.what about the 200000 Rs which should now have been taxed ?

    • pradip says:

      Hey Nikhil,

      your tds has been deducted exess , now you have to file income tax return and you xan take refund

      Please contact if you not able to file the income tax return.

    • CA DINESH PUROHIT says:

      IN A.Y 2014-15, YOU ARE TAXED ONLY 230000@ 10%= 23000+3% E CESS=23690 OR SAY 23700 ONLY. BECAUSE U ALREADY DED. TDS FROM YOUR SALARY 45000, SO U HAVE ABLE TO REFUND OF TAX FROM DEPT. 45000-23700=21300. AND NO OTHER TAX LIABILITY THERE.

  5. anup kumar sharma says:

    where and how to file tds return and tds certificate

  6. jaydip says:

    how much tds deducted on salary and steps by step. how much salary?

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