Income Tax : -Solution for Login Problem due to PIN number through email or mobile.

Friends,   It is generally found that there is login problem due to PIN or low connectivity etc on 31.07.2014 as it is Last Date for submission of Income Tax Returns for Assessment Year 2014-15 for those assessee's who have salaried income and interest income.  A large numbers of assessee falls in this category.  But due to heavy load on last date there was some problem in submission online  income tax return.  

In case you are facing login problem due to PIN you may use the following trick for submit your income tax return. :-

Solution for Non Getting PIN on mobile or email. 

     Presently user can use off-line Excel Based or Java Based utility. In Java based utility he may Login Directly without any updation of Mobile No. and Email address. Initially, he may use Pre-fill link and then enter your income data and after that finally, he can use submit button for uploading of Income Tax Return. In this may taxpayer or user can upload his Income Tax return without updating Mobile No and Email address on income tax website.

e-TDS : - Login Page for online submission of TDS Return

Friends,  NSDL has provided link of Login Page at www.tin-nsdl.com for online uploading TDS statements.  This facility is available only for those deductors who has registered their digital signature (DSC) with NSDL.  Currently there is no charges as uploading fee for uploading TDS/TCS statements.  It means that there are chances in future that NSDL may charges again  fee for uploading TDS statements through this link.  Still it is totally free of cost. 

Introduction :- Press Here

Basic Requirements to avail benefit of this Link.

         -Digital signature is required to upload TDS statement/FVU file. 

         -Registration of Digital signature with NSDL is next step. 

         -Deductor is free to upload their return after success registration of DSC.

Benefit of Online Upload TDS/TCS Statements.

        - No need to go anywhere like nodal center etc.  Deductor can upload return from his office. 

        - No uploading fee at present. 

        - No need to prepare form 27A etc.  DSC works in place of 27A form. 

        - Valid Pan can be checked  just after upload TDS return

Registration Process  :- Click here to know more 

e-TDS / e-TCS :- FAQ's regarding Late Payment / Short Payment / Late Deduction / Short Deduction

Q1- What should I do in case of Late Payment / Late Deduction intimation received?

Ans:-The default amount will have to be deposited through challan no 281 by ticking minor head '400'. Download conso file from TRACES for filing correction and update the challan detail. While filing correction, fill up interest amount in column no. 403 in Form 26Q, column no. 304 in Form 24Q, column no. 705 in Form 27Q and column no. 655 in Form 27EQ. Mention default interest amount in second last interest column in challan detail of conso file. (Refer e-tutorial - https://www.tdscpc.gov.in/en/download-nsdl-conso-file-etutorial.html).

Note: In case of paper return, interest amount should be mentioned in annexure.

Q2- What is the procedure of calculating interest on Late Deduction?

Ans:-You have to deposit late deduction interest @ 1% per month or part of the month from the date of payment / credit to deductee till date of deduction.

Procedure for calculating Late Deduction:

Correct Calculation
No. of months in Defaults=1 i.e., 3-Mar-2012 to 4-Mar-2012
10000*1%*1(Months) =100.00

Q3-How much amount do I pay for intimation received on Short Deduction with provisional interest?

Ans:-Deposit principal amount of short payment along with interest @ 1 % per month from date of deduction till date of deposit and file the correction for the same.

Q4-I have received an intimation of Short Deduction but payment amount is not eligible for TDS as the amount is below the threshold limit. What should I do?

Ans:-You can file correction statement and raise threshold flag ('Y') in column no. 326 (24Q), column no. 424 (26Q), column no. 729 (27Q) and column no. 680 (27EQ) for 'Reason for no / lower deduction'.

Q5-I have received an intimation of Short Deduction u/s 194C however deductee is a transporter what should I do?

Ans:- You can file correction statement and raise transporter flag ('T') for the particular deductee, who is a transporter, in column no. 424 (26Q) for 'Reason for no / lower deduction'.

Q6-I have received an intimation of Short Deduction however reported deductee has a lower rate certificate what should I do?

Ans:-You can file a correction statement and raise 'A' flag for respective deductees, in column no. 326 (24Q) & column no. 424 (26Q) for 'Reason for no / lower deduction'.

Q7-While filing a correction statement I quoted Late Deduction Interest amount in 'Other' column. How can I rectify?

Ans:-'Deductor can file a correction statement, delete the amount from 'Other' column and mention interest amount in interest column no. 403 in Form 26Q, column no. 304 in Form 24Q, column no. 705 in Form 27Q and column no. 655 in Form 27EQ. You also need to mention demand amount of interest in second last column of interest in challan details.

Q8-What should I do in case of Short Payment / Short Deduction intimation received?

Ans:-The default amount (along with the interest applicable till the date of payment of short payment default) will have to be deposited through challan no. 281 by ticking minor head 400. Download conso file from TRACES for filing correction and update the challan details. While filing correction fill up principal amount in column no. 402 in Form 26Q, column no. 302 in Form 24Q, column no. 702 in Form 27Q and column no. 652 in Form 27EQ and interest amount in column no. 403 in Form 26Q, column no. 304 in Form 24Q, column no. 705 in Form 27Q and column no. 655 in Form 27EQ. After adding the new challan, you will have to add new deductee rows for which short payment / short deduction has been raised and map to the corresponding challan.

Q9-How much amount do I pay for intimation received on Short Payment with Provisional Interest?

Ans:-Provisional interest is calculated till the date of processing of statement. Deposit principal amount of short payment along with interest @ 1.5% per month from date of deduction till date of deposit and file the correction for the same.

Q10-What is the procedure of calculating interest on Late Payment?

Ans:-Deposit late payment interest @ 1.5% per month or part of the month from the date of deduction till date of deposit.

Procedure for calculating Late Payment:

Calculation

No. of months in Defaults = 3 i.e., Mar-12 to May-12

4000*1.5%*3(Months) =180.00

Q11-I have received an intimation u/s 200A with the demand raised due to short payment. I have made the payment within the prescribed time-limit. Now what should I do?

Ans:-Short Payment defaults may be raised due to challan mismatch. You are requested to check the details filed in statement corresponding to the challan.

Q12-Is the rounding off under section 288B allowed at the transaction level?

Ans:-The system will not allow rounding off under section 288B at the transaction level but at the statement level.

e-TDS :- Login Page with online upload return procedure

After getting successful registration for online upload TDS/TCS return.   The following steps are required on the part of deductor label for uploading TDS /TCS return :-
1. Login  through Admin ID.
2. Create User ID
3. Map User ID with TAN
4. Enter Payment Method.
5. Allocate Amount as Zero on Organization Level.

Now , deductor is ready to upload otherwise return will be rejected with remarks that return rejected as amount has not been allocated on organisation level.

>> Electronic statements (e-TDS/TCS/AIR) can be uploaded online to the TIN central system only for those TANs who have been associated with the organisation and duly authorised by NSDL.

>> A user can upload electronic statements online only for TANs associated with it.

>> Electronic statements should be prepared as per the data structure prescribed by the Income Tax department (ITD). The data structure is the same as prescribed by ITD for furnishing of electronic statements through TIN-FCs.

>> After preparation of the electronic statement, entities have to verify the electronic statement through the latest version of File Validation Utility (FVU) provided by NSDL which can be freely downloaded from the TIN web-site. The upload file generated by the FVU is to be uploaded online.

>> The length of the filename should not be more than eight characters. The filename can be alphanumeric. No special characters are allowed in the filename (e.g. name of the file can be: Form27E.txt).

>> The user will login to the TIN central system by signing with the DSC associated with it. On authentication of the DSC, the user will get access to the online upload system.

>> After successful login, the user will select Upload option from the main menu. The user will have to choose sub-option'TDS/TCS' and upload the electronic statement online to the TIN central system by digitally signing the upload.

>> If DSC authentication fails the electronic statement will not be uploaded.

>> The status of the electronic statement uploaded can be viewed by selecting File Status from the main menu.

>> After upload of the electronic statement the TIN central system will perform format level validations, check the TAN - User ID association. In case electronic statement is invalid or the TAN (for which the electronic statement was uploaded) is not associated to the user i.e. user uploads an electronic statement online for a TAN which is not associated with it, the electronic statement uploaded will be rejected. In case of an accepted electronic statement a Provisional Receipt will be generated which will contain a Provisional Receipt Number / Token Number and will also indicate count of missing/invalid PANs. The deductor can view/print the Provisional Receipt.

>> Entities using the online upload of electronic statements facility will not submit Form 27A, CD / Pen drive for accepted electronic statements to TIN-FC or NSDL.

>> This facility is not available for online upload of electronic statements for Form 24 for those entities who have to submit physical certificates for No / lower deduction of tax and Form 12 B with respect to any of their deductees.

>> In case the entity is not able to upload its electronic statement using the online upload of electronic statement facility to the TIN central system, it may submit the same at any of the TIN-FCs by following the prescribed procedure for furnishing of e-TDS Statements with TIN-FCs. Provisional Receipt Number is now referred as Token Number with effect from FY. 2010-11 onwards.