March 8, 2010

E-TDS

e-TDS :
Entities (both corporate and non-corporate deductors) making payments (specified under Income Tax Act) to third parties
(deductees) are required to deduct tax at source (Tax Deducted at Source -TDS) from these payments and deposit the same
at any of the designated branches of banks authorised to collect taxes on behalf of Government of India.
They should also furnish TDS returns containing details of deductee(s) and challan details relating to deposit of tax to ITD.


The data structure (file format) in which the e-TDS / e-TCS return is to be prepared has been notified below:

(a) Annual e-TDS return:

* File Format for Form 24
* File Format for Form 26
* File Format for Form 27

(b) Annual e-TCS return:

* File Format for Form 27E

(c) Quarterly return:

* File Format for Form 24Q
* File Format for Form 26Q
* File Format for Form 27Q
* File Format for Form 27EQ

Data structure for Form 24Q of the quarter ending 31-March


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