eTDS

A web based solution providing an online approach for filing TDS with NSDL for individuals or corporate.

This process is manual and involves lot of tediousness in terms of maintaining long operational cycles, huge volume of data, penalties due to delayed payments / filing, frequent process/regulatory changes.

A web based TDS filing solutions is required to have a hassle free filing of TDS with reduced operation cycle time. This filing solution integrates with NSDL API’s to reduce the operation cycle time with minimized errors resulting in minimized re-filing cases, minimized cases for attracting penalties due to delayed payments/filings and increasing resource productivity due to minimal involvement of human intervention in the filing process. It further reduces the operation cost also.

Features of TDSeWORLD:

• Easy import of data in Excel file format on Monthly/Quarterly/Half yearly/Yearly
• Checker / Maker functionality that helps manager to supervise work and improve efficiency
• Facility to send timely emails alerts to people responsible in completion of task
• Assigning of Roles & distribution of work
• Records validation as per the error codes provided by NSDL and displays error with description
• User Friendly interface to reconcile book entries of Deductions 24Q, 26Q, 27Q and 27EQ
• User Friendly navigation of Annexure Records, Challan Records and Filing Status for current and previous years
• Every challan is validated with NSDL and then accepted by the Application
• Application helps to track excess Challan amount and facilitates adjustments
• Various features like Edit, Reverse, Partial Reverse, Remove and Delete records help to modify data
• Applications smartly shows Cumulative balances and Suggested TDS to adjust excess TDS deducted
• Facility for Printing of TDS Challan [ITNS 281]
• Automated generation of various forms like form no 27A and TDS certificate: Form 16 and 16A with Digital Signature
• Automated generation of TCS Certificates [Form 27D] with Digital Signature
• Facility to Print or send TDS certificate to respective user by e-mail

Do's & Don'ts

Do's:-

• E- payment of TDS is recommended.

Dont's:-

• Deductor should not use incorrect type of challan
• Deductor should not quote wrong TAN/PAN or use PAN in place of TAN or vise versa.
• Deductor should not use a single challan for corporate and non-corporate deductees.
• Deductor should not use preprinted challans without verifying TAN/PAN.
• If one has multiple TANs, use one TAN only consistently and surrender the others.
• Each branch/division of an entity will have a separate TAN if it is filing separate TDS/TCS returns. However, there will be only one PAN for a legal entity.