TDS Return Filling

Chapter 1: TDS Return on Salary (Form 24Q)

Case Study 1

• Case Study 1

Case Study 2

• Case Study 2

Assignment

Chapter 2: TDS Return on Non-Salary (Form 26Q)

Introduction

• TDS Forms
• Form 26Q

Form 26Q

• Form 26Q – TDS Return on Other than Salary Payment
• Annexure I of 26Q

Return Filing Process

• TDS Return Filing Process

Download CSI File

• Step 1: Download Challan Status Inquiry (CSI) file from Income Tax portal

Prepare FVU File

• Step 2: Prepare TDS statement using Return Preparation Utility (RPU) and Generate File Validation Utility (FVU)

Upload FVU File

• Step 3: Upload FVU file in Income Tax Website and Generate RRR Number

Form 16

• Step 4: Request for Form 16 in TRACES website by verifying challan & submitting RRR number.

Due Dates & Penalty

• Due date for TDS Return Filing
• Fees/Penalty/Interest

Case Study 1

• Case Study 1

Case Study 2

• Case Study 2

Assignment

Chapter 3: TDS Rectification

Introduction

• TDS Rectification: Correcting Errors in Tax Deduction at Source
• What is TDS Rectification
• When is TDS Rectification Required

Methods of TDS Rectification

• TDS Rectification / Correction Process
• Online Rectification through TRACES Portal
• Offline Rectification through RPU
• Steps for Online Rectification (For PAN Correction, Deductee Details, Challan Correction, etc.)
• Offline Rectification through RPU (For correcting errors before submission or filing a revised return)
• Challan Correction through TRACES Portal (For correcting wrong challan details linked to the statement)

Case Study

• Case Study – TDS Rectification

Assignment

• Assignment: TDS Rectification Exercise
• Assignment