Sandeep Ahuja & Co.

Established in the year 1986, we are a leading chartered accountancy firm based in Delhi & NCR rendering comprehensive professional services which include statutory audit, internal audit, direct tax, transfer pricing, GST, bank audit, propriety audit, cost accounting, internal financial controls and risk advisory.

Saturday, April 30, 2016

How to E-file TDS / TCS Statement from 01.05.2016

There is change in procedure in e-filing of TDS and TCS statements from 1st May,2016. A step by step procedure to upload online quarterly TDS/TCS statements on the e-Filing portal  with effect from 1st May, 2016 is given as under:
 1. Pre-Requisites for Uploading TDS Statement
 2. How to Upload TDS/TCS Statement 
3. How to view Filed TDS / TCS Statement.
Pre-Requisites for Uploading TDS Statement
  • To upload TDS, user should hold valid TAN and should be registered in e-Filing.
  • Statement should be prepared using the Return Preparation Utility (RPU) and validated using the File Validation Utility (FVU). The utilities can be downloaded from tin-nsdl website (https://www.tin-nsdl.com/).
  • Valid DSC should be registered in e-Filing. Upload TDS/TCS Statement
To Upload TDS, the steps are as below:
Step 1: In e-Filing Homepage, Click on “Login Here”
Step 2: Enter User ID (TAN), Password, and Captcha. Click Login.
Step 3: àPost login, go to TDS  Upload TDS.
Step 4: In the form provided, select the appropriate statement details from the drop down boxes for
I FVU Version
I Assessment Year
I Form Name
I Quarter
I Upload Type
Note:
> TDS can be uploaded from Assessment Year 2011-12.
> Only Regular Statements can be uploaded, the Correction statement can be uploaded only through tin-nsdl portal.
Step 5: Click Validate to Validate Statement details.
View Filed TDS Statement
To View the Filed TDS statement, the steps are as below: Step 1:  View FiledàLogin to e-Filing, Go to TDS  TDS.
Step 2: In the form provided, select the details from the drop down boxes for Assessment Year, Form Name and Quarter respectively for which the TDS was uploaded.
Step 3: Click on “View Details.
Step 4: The status of the TDS uploaded is displayed.
Once uploaded the status of the statement would be “Uploaded”. The uploaded file will be processed and validated. Upon validation the status will be either be “Accepted” or “Rejected” and would be reflected within 24 hours from the time of upload. In case if “Rejected”, the rejection reason will be displayed.
If the status is “Rejected, click on the Token Number to view the error details.
Reason for rejection would be displayed as below:

Step 6: If the status is “Accepted”, click on the Token Number to see the details of acknowledgement of the statement uploaded for all future reference.
Contributed by : Suhasani Dang CA Finalist from Sandeep Ahuja & Co

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