FAQ

Tax Deducted at Source (TDS) is a specific amount that is deducted when a certain payment like salary, commission, rent, interest, professional  fees, etc

PAN of the deductors has to be given by non government deductors. It is essential to quote PAN of all deductees failing which credit of tax deducted will not be given.

In case PANs of some of the deductees are not mentioned in the e-TDS return, the Provisional Receipt will mention the count of missing PANs in the e-TDS return. The details of missing PANs (extent it can be collected from the deductees) may be furnished within seven days of the date of Provisional Receipt to TIN- FC. e-TDS return will be accepted even with missing PANs. However, if PAN of deductees is not given in the TDS return, tax deducted from payment made to him cannot be posted to the statement of TDS to be issued to him u/s 203AA.

  • Download the zip file from ‘Requested Downloads’ screen and save it in your system.
  • Unzip the file using Winzip. Password to unzip is ‘JR____‘, eg. JR_AAAAA1235A_24Q_Q3_2010-11. This will save the justification report as an excel file.
  • Download the macro utility for Justification Report from the screen.
  • Double-click on utility, excel sheet will open.
  • Click on enable content in the warning message to enable macros.
  • Select the Justification Report text file and the folder to save the output excel file and click on the button ‘Generate TDS CPC Justification Report’.
  • The text file will be converted into excel spreadsheet and saved in the selected folder.
  • Open the Justification Report excel file from the concerned folder.

Yes. Challan identification number is necessary for all non government deductors.

Delay in filing TDS:

As per section 234E w.e.f. July 1, 2012, if a person fails to submit TDS return on the due date, then a penalty of Rs. 200/- per day is charged till the default continues. However, the amount should not exceed the total tax amount.

Non-filing of TDS/Furnishing incorrect info:

Penalty is also levied in case of non-filing or if some incorrect information has been furnished. The amount should not be less than Rs. 10,000/- and not more than Rs. 1,00,000/- u/s 271H of the IT Act, 1961.

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