TDS :- Mandatory Form 27A w.e.f. 01-02-2014

Friends,   Now self generated form 27A will not be applicable w.e.f.  01-02-2014.  Only the form generated from FVU will be allowed.   There is no need to submit form 27A when TDS returns are being submit through NSDL online upload system. 

                Value of system generated form 27A is that it is accurate and prepared with  all aspects. 

e-TDS :- Form 27A from FVU/TXT File

Friends,   The persons who use NSDL RPU for preparation of etds/etcs return require generation of Form 27A from FVU/TXT file.  Form 27A is a physical form which is to be submitted each and every Regular/Correction etds/etcs return. Software providers have created many softwares regarding submission of e-tds/e-tcs returns, they are using auto generation of Form 27A facility,16, 16A etc.  But the user of NSDL RPU has no such facility to generate Form 27A etc.   

Previous History

   As our past experience, Form 16 and 16A generation software is already ready which prepare forms 16 and 16A from txt file  directly with in minutes.  This software saves time and generate easily forms from TXT files.  Presently, Form 16A is also being providing by NSDL alongwith Form 16.  But form 27A through NSDL RPU is still awaited.

To read more regarding 16 and 16A generation from Fvu (Click Here)

Form 27A from Txt/NSDL RPU

Latest development is that form 27A generation is possible from TXT file generated by NSDL RPU.  All procedure of installation of software and it's running is similar to the software of form 16 and 16A generation. 

a) Procedure to run Software

• Just place Txt file named Q1.fvu or Q2.fvu or Q3.fvu or Q4.fvu in folder \e-tds\fvu\
• Click on 27A.exe file available in \e-tds\27A.exe
• File 27A.prt will be available in in folder \e-tds\output\27A.prt
• File 27A.prt can be opened in Microsoft word and printing is possible in  Dot/Laser Printer.

b) Cost of Software 

• Free of cost.  Yes, form 27A generation from any txt file  is free utility.

c) Availability of Software

• Presently,  it is available on request basic.  Request will be accepted through email at easyjain@gmail.com and delivery will be available with in one or two days. 

Download Software (Only registered readers can sign up and get Free Software) (click here)  

Form 27A in word format (Click Here) 

Form 27A in Excel Format (Click Here)

 d) Procedure to Become a registered reader 

• email request to easyjain@gmail.com
• Acceptation email will be received by you via Feedburner link  from  website www.tdstaxindia.com. (Availability of this email may be in your junk mails/spam mails.).

Procedure to Request for FORM 16A

1. Login to TAN Registration Account with user id, password and TAN.
2. Request for Form 16A can be made for the TAN logged in only. One TAN cannot request for Form 16A of another TAN.
3. On successful login, under menu ‘Form 16A’, select option ‘Form 16A File Request’.
4. Clicking on aforementioned option, screen to provide following details will be displayed.
• Financial Year and Quarter for which Form 16A required.
• Details of challan/transfer voucher and deductee present in the TDS statement filed for the period for which Form 16A requested. This information is for verification purpose.
5. Verification details:
1. Login to TAN Registration Account with user ID, password and TAN
2. If statements for Form 26Q and 27Q are filed for the period of request of Form 16A (example, request for F.Y. 2010-11, Q4), provide
1. challan/transfer voucher and
2. deductee details pertaining to any one statement.
Example: if challan / transfer voucher details are provided for Form 26Q, deductee details also should be provided of Form 26Q only.
3. Provide details of any one challan / transfer voucher present in the non salary TDS statement.
4. Provide details of any three distinct deductee records (PAN and corresponding deducted amount) present in the non salary TDS statement, i.e. it is not required to mention deductee details which are associated to the challan / transfer voucher provided.
5. If distinct deductee detail record in the statement is less than three then provide available distinct combination of PAN of deductee and corresponding deducted amount.
6. Form 16A will be provided on successful verification.
7. Option to request Form 16A for one PAN or all PANs is available.
8. Two attempts within a day are provided to correctly answer the verification questions for statement required.
9. In case of two unsuccessful attempts within a day for the same period (i.e. Financial and Quarter); request for such period can be placed only on next day.
10. On successful verification, request number is generated. Form 16A is e-mailed to the user within 48 hours on the e-mail ID provided at the time of  TAN registration.
11. Form 16A is provided in a text file. In case of large number of records in the Form 16A requested, the Form 16A is split in multiple files and emailed, owing to restriction of mail size at the user.
12. In case Form 16A is split in multiple files then each file is sent by separate e-mail. File is password protected. To open the file, enter TAN registration number.

Procedure to Download Form 16A PDF Converter Utility (Click Here)

Procedure to convert Form 16A txt file to Form 16A PDF File (Click here)

Free Form 27A from NSDL RPU/FVU

Friends,   It is general demand to those who use NSDL RPU for preparation of etds/etcs return that generation of Form 27A from FVU.  Form 27A is a physical form which is to be submitted each and every Regular/Correction etds/etcs return. Software providers have created many softwares regarding submission of e-tds/e-tcs returns, they are using auto generation of Form 27A facility,16, 16A etc.  But the user of NSDL RPU has no such facility to generate Form 27A etc.   

Previous History

As our past experience, Form 16 and 16A generation software is already ready which prepare forms 16 and 16A from fvu directly with in minutes.  This software saves time and generate easily forms from file validity utility. 

To read more regarding 16 and 16A generation from Fvu (Click Here)

Form 27A from Fvu/NSDL RPU

Latest development is that form 27A generation is possible from any FVU.  All procedure of installation of software and it's running is equal to the software of form 16 and 16A generation. 

a) Procedure to run Software

• Just place fvu file named Q1.fvu or Q2.fvu or Q3.fvu or Q4.fvu in folder \e-tds\fvu\
• Click on 27A.exe file available in \e-tds\27A.exe
• File 27A.prt will be available in in folder \e-tds\output\27A.prt
• File 27A.prt can be opened in Microsoft word and printing is possible in  Dot/Laser Printer.

b) Cost of Software 

• Free of cost.  Yes, form 27A generation from any fvu file  is free utility.

c) Availability of Software

• Presently,  it is available on request basic.  Request will be accepted through email at easyjain@gmail.com and delivery will be available with in one or two days. 

Download Software (Only registered readers can sign up and get Free Software) (click here)  

Form 27A in word format (Click Here) 

Form 27A in Excel Format (Click Here)

 d) Procedure to Become a registered reader 

• email request to easyjain@gmail.com
• Acceptation email will be received by you for blog www.tdstaxindia.blogspot.com. (Availability of this email may be in your junk mails/spam mails.).
• after accept you may sign up at tdstaxindia.blogspot.com with any gmail id. 

7th April Last Date for 15G/15H

Friends

               To avoid deduction of income tax (TDS)  from any deposit in bank or other Financial Institution relating to any Financial Year , there is a important form 15G or 15H  which can be submitted  before 7th April of the year .   If  it is submitted in time, TDS will not be deducted from interest earning etc.  15G form is used for Non Citizen  or 15H form is used for Senior Citizen.

Age of Senior Citizen is 65 years up to 31.03.2011 As Per Income Tax Act.  For example if your age is  63 years, you will have to use 15G form.

In the Budget 2011, Age of Senior Citizen has been reduced to 60 years.  W.e.f. 01.04.2011, person having age 63 in above example will be treated as Senior Citizen.

for Download Form 15G and 15H Excel Format  (Click Here),

Other Important Calculators (Click Here)