To begin with, Form 26QB (Challan-cum Statement) has a twin-fold objective that is synonymous with the two blades of a single scissor – It is both a return as well as challan form for the deductions that have been made u/s 194 of the Income Tax Act, 1961 for paying Tax Deducted ...
Once the TDS returns are submitted and errors are detected like incorrect challan details or the PAN is not provided or incorrect PAN is provided then the tax amount credit with the government will not be reflected in the Form 16A / Form 26AS. To make sure that the amount is properly cred...
Step 3: Alter the challan details and PAN, once the details entered is authenticated by the Income Tax department. Points to Ponder While Filing a Revised TDS Return Online changes can be done only in the PAN and challan. For any other revision in the return, one needs to make changes th...
2. What is the usage of a TDS challan? The main purpose of a tax deduction at source challan is to deposit tax deducted at source with the government. 3. TDS payments online require TAN? All TDS returns, including all payment challans and certificates, must include the Tax Deduction Accou...
4. Once the challan is verified, the tax would be deposited to the Income Tax Department Online mode 1. Log on to the officialTIN-NSDLwebsite 2. Home page>>go to the ‘Services’ tab>>click on e-payment>>pay taxes online 3. Choose ‘Challan No./ITNS 281’>> click on ‘Proceed’...
Import data from Excel/ '.txt' file Revised return facility Interest Calculation Online Tools e-filing tool Defaults download Challan e-verification Form 16/16A download consolidated file download Auto-filled Forms and manymore... Software updates ...
Download Form 16/16A/Consolidated TDS File Grievance registration and resolution Functionalities for Deductors through TRACESfrom TRACE webpage for Deductor is Registration on TRACES Add sub-users for a TAN View challan status Download NSDL Conso File ...
No requirement of CSI file download for TDS return It fetches the challan directly from the government website, no need to enter the challan details. Mapping of Deductee entry to Challan Entry with one simple feature of drag and drop. Not only this, even the health of your return is check...
(Note: CSI file is the Challan status inquiryfile that is required to validate data while preparing TDSreturn. A CSI file can be download by: 1.Going tohttps://tin.tin.nsdl.com/oltas/ 2.Clicking TAN Based view Fill in the period for downloading the CSIfilewhich includes all the challa...
Tax deducted at source (TDS) is applicable on a variety of transactions in India, including sale of property.TDS on sale of property is applicable under Section 194-IA of the income tax law. However, buyers and sellers need not worry about TDS implications at all if the property value is...