ExpressTDS || Late Fee Allocation

Late Fee Allocation in ExpressTDS

To allocate a late fee in ExpressTDS, follow these structured steps:

Step 1: Navigate to Deductor Master

1. Access Deductor Master from the main menu.
   
2. Select the relevant Company or Deductor.
   
3. Go to the Return Summary and choose the return you want to manage.

Step 2: View the Created Return

1. Find the View option next to the chosen return.
   

      

1. Click on View to access detailed information.
   

Step 3: Access Late Fee Allocation

1. Within the return details, go to Computation and Health.
   

      

1. Locate the Late Fee section in this area.
   

      

Late Fee Allocation Steps:

If the Challan for Late Fee is Already Paid:

1. In the TDS Computation table, click on the Late Fee link icon.
   
2. Choose the appropriate challan to allocate the late fee and click Save.
   

      

If the Challan for Late Fee is Not Paid:

1. In the TDS Computation table, click on the Late Fee option.
2. Select the Pay with Challan option, and the data will auto-fill for payment.
   

      

1. Choose I Will Deposit Now to proceed with the payment.
   
2. After completing payment, allocate the late fee challan as needed.
   

      

Following these steps allows for efficient allocation of late fees in ExpressTDS, ensuring accurate and compliant return processing.

• Related Articles

• ExpressTDS || Online Correction to Allocate Interest and Late Fee in TRACES Portal

  This feature enables the deductor to add a challan to an already filed statement. The Add and Allocate Interest and Late Fee functionality is only available through online correction. Note that if the statement has not been processed by TRACES, this ...

• ExpressTDS || Interest Allocation Process

  Interest Allocation Process Step 1: Navigate to Deductor Master Access the Deductor Master from the main menu. Select the relevant company or deductor. Go to Return Summary and choose the created return. Step 2: View the Created Return Locate the ...

• ExpressTDS || Challan Creation Process

  Process for Adding a Challan in Deductor Master Step 1: Log in to the Website Open your web browser and go to www.expresstds.com. Enter your username and password, then click Login to access your account. Step 2: Access the Deductor Master After ...

• ExpressTDS || Computation & Health Report of the return prepared

  Purpose of Health & Computation Checks The health and computation checks are essential for ensuring the accuracy and completeness of the prepared return. This step is crucial for: Verifying Reporting: Allows for a detailed review of the data reported ...

• ZenTds || TDS Correction Return Validation Error Regarding "Total of deposit amount as per Challan/Transfer Voucher Number"

  TDS Correction Return Validation Error: Sum of TDS/TCS-Interest Amount + TDS/TC S-Others (amount) + Total Tax Deposit Amount as per deductee annexure is greater than Total of Deposit Amount as per Challan/Transfer Voucher Number Possible Resolution: ...