Data Entry
TDS || Excel Import Error → Tax Rate should 2/3 digit after decimal
Excel Import Error → "Tax Rate should 2-3 digit after decimal" Root Cause of the error → The error occurs in the Zen TDS Excel import due to an incorrect tax rate format. The tax rate must be specified with exactly two decimal places (e.g., 5.00 or ...
TDS || Procedure for Bulk Deletion of Deductee Entries
This guide outlines the step-by-step process for deleting multiple deductee entries efficiently. Step 1: Navigate to Deductee Transactions Open the Deductee Transaction module. Select the applicable form based on the type of deduction: Form 24Q (TDS ...
TDS || Conso Import → File is not valid, TAN mismatch
Consolidate File Import – File Invalid Due to TAN Mismatch Root cause of the error → This error occurs when attempting to import a consolidated file associated with one Deductor into a different Deductor’s account. A discrepancy in the TAN (Tax ...
TDS Correction || Add/EDIT PAN Status → Import from Employee Master → String or binary data would be truncated.
Root cause of the error → This issue typically occurs when an incorrect PAN format is entered in the original Employee Master, or if incorrect information is mistakenly entered in place of the PAN number. Solution → To correct the Employee/Deductee ...
TDS || Excel Import → Import of already in progress
Root Cause of the Error → This issue occurs when Excel is importing data and encounters a malfunction, causing it to get stuck midway through the process. Solution → To resolve the error, click the "Clear Excel Import Flag" button. After that, click ...
TDS || Deductee/Employee Master → Import from Excel
To import the Deductee/Employee Master through an Excel sheet, follow these steps: Download the "Deductee/Employee Master Excel Template": Navigate to "Master" → "Deductee/Employee Master". In the "Excel Import" dropdown menu, click on "Template ...
TDS || E-Filing → Date on which Amount paid/Credited/Debited must be within the Financial Year and before the End Date of Quarter
Root Cause of the Error → This issue stems from entering an incorrect date (outside of the Quarter/Assessment Year) in either the "Date of payment/Credit" or "Date of Deduction" column within the Deductee entry. Solution → To resolve this issue, ...
TDS || Deletion Process of Consolidate file on Correction Window
To delete a consolidated file within the correction window, please follow these steps: Navigate to the "Corrections" section and select the specific "Correction (24Q, 26Q, 27Q, or 27EQ)" where the file is located. Identify and select the record or ...
TDS || Deductee/Employee Master → Import From Other Deducter
To correctly import Deductee/Employee Master from another Deducter, follow these steps: Start by accessing the "Master" menu in your system. Select "Deductee/Employee Master" from the options provided. Within the "Deductee/Employee Master" interface, ...
TDS || Process for Delete Employee/Deductee Master
Steps to Delete Employee/Deductee Master Data Access Deductee/Employee Master Navigate to the "Deductee/Employee Master" section within the system. Choose Associated Client and Initiate Deletion Once the entry is selected, assign it to the relevant ...
TDS || Unconsumed challan
Steps for Unconsumed Challan Retrieval Through Software: Step 1: Perform "Online Activity" and navigate to the "Traces Activities" button. Step 2: Choose the "Unconsumed Challan" option from the available selections. Step 3: Upon encountering the ...
TDS || Correction → Excel export and Import Procedure
The procedure below outlines the data import and export through Excel in the TDS software, along with the correction process: To initiate a correction, first download and import the consolidated file into the software. To do so, click on "Click Here ...
TDS || Excel export and Import Procedure
To reduce complications of data entry in TDS software, a facility has been provided where the user can import data through excel and can export data in excel. The process below explains Data import and export through excel in TDS software. Excel ...
TDS || Deductor's Master Creation and Edit Deductor's Master Process
The initial phase in software involves setting up foundational elements known as masters, which include entities like Deductor, Deductee, Employee, DDO master, etc. Now, let's delve into the step-by-step process for creating the Deductor master: ...
TDS || Import Challan from Govt. Portal
This enhancement allows users to seamlessly import multiple challan details directly from the Income Tax website with just a single click. To leverage this functionality, follow the comprehensive process outlined below: Step 1: Open the TDS Software ...
ZenTDS || Where can we enter interest on PPF
Where can we enter interest on PPF: Solution: Go To Deductee Entry > Salary details > Double Click on Employee > Deduction > 80C: Step 1: Go to Deductee Entry >> Salary Details: Step 2: Select the Particular Employee: Step 3: Click on Deduction: Step ...
TDS/TCS FVU Validation error - Invalid value in the field Deductee/Part records or value not as per file format
TDS/TCS FVU Validation error - Invalid value in the field Deductee/Part records or value not as per file format Possible Solution Usually this error comes when importing data from excel template and 'section code' and 'challan serial. no' is not ...
TDS || 80CCD(2) Figure not coming in excel Import
Clint entered the 80CCD(2) amount in - 'Deduction U/s 80CCD(2)' column in 24Q Excel sheet and when he imports the same Amount is not coming in Salary Details Under 80CCD(2) Deduction. Section 80CCD (2) allows salaried individuals to ...
One TDS challan for Payment Under Different sections & Years
One TDS challan for Payment Under Different sections & Years Advisory to deductors making TDS payment through multiple challans in a month As we all are aware that, many times deductors used to pay TDS through multiple challans because of different ...
Interest Calculation - If challan paid via book entry
Interest Calculation - If challan paid via book-entry TDS Payment Due Date - If paid via book-entry- the same day on which TDS is deducted, When a part or whole amount of TDS is not paid then 1.5% per month interest is subject to TDS/TCS amount ...
TDS Validation error - Invalid value provided under 'Count of PAN of the Landlord'
TDS Validation error - Invalid value provided under 'Count of PAN of the Landlord' Landlord’s PAN not needed to claim HRA if annual rent is below Rs 1 lakh and f rent paid exceeds Rs.1 lakh per annum, it is mandatory for the employee to report PAN of ...
Process to generate TDS Return (Salary / Non Salary / Non Resident / TCS)
TDS, or Tax Deducted at Source, is a mechanism established under the Income Tax Act to ensure a steady collection of taxes from various income sources. In this system, any company or individual making a payment is mandated to deduct a certain ...
TDS & TCS Payment Deposit Due Dates for Govt & Non Government Deductor
TDS & TCS Payment Deposit Due Dates for Govt & Non Government Deductor The due date for depositing TCS is the 7th of next month Due dates for depositing TDS as under :- 1. For non - government Deductors - 7th of next month (except for the month of ...
TDS/TCS Return validation error regarding remark 'C' (higher deduction)
TDS/TCS Return validation error regarding remark 'C' (higher deduction) Solution As per NSDL guide line In case of deduction of tax at higher rate due to non-availability of PAN. TDS deducted amount in deductee details should not be less than 20% ...
TDS Validation error - Number of pan valid in batch cannot be less than 85 % of total deductee in batch
TDS Validation error - Number of pan valid in batch cannot be less than 85 % of total deductee in batch Solution As per nsdl guide line in a statement 85% of the deductee should have valid pan, If there are 100 deductee (transaction) in a ...
Section 194J – Fees for professional or technical services
Section 194J – Fees for professional or technical services New section codes 194J (a) and 194J (b) are added in Form 26Q, Same should be applicable for statements pertains to FY 2020-21 onwards 194J (A). The existing section code 194J (i.e. Fees ...
How to fill other exemption under section 10 details in salary detail
How to fill other allowances details in salary detail Form 16 Part (B)- (F) Amount of any other exemption under section 10 Open the e-TDS software, Go to Deductee entry → Salary detail → Tax Deducted u/s 192 Select the employee from the list > Now ...
TDS - Tax Calculation for Senior Citizens (Assessment Year 2021-22)
TDS - Tax Calculation for Senior Citizens Tax slab 2021-22 (Old tax regime slabs) (who is 60 years or more at any time during the previous year) Net Income Range Rate of Income-tax Assessment Year 2021-22 Assessment Year 2020-21 Up to Rs. 3,00,000 - ...
TDS || How to Add New BSR Code
BSR Code, short form of Basic Statistical Return Code, is a seven-digit code provided to all the registered Indian banks by the RBI. While the first three digits identify the bank, the following four digits identifies the bank branch. Process to add ...
Excel import - Tax Rate should be numeric
Excel import - Tax Rate should be numeric Solution This error comes when TDS details (24q,26q,27q,27eq) are imported from Excel Template and the tax rate is not entered in the numeric format Open excel template > "deductee detail" sheet Select a ...
Prerequisites for Leave Encashment in Excel format
Prerequisites for Leave Encashment in Excel format To export the Template Go into → Tools →Microsoft Excel Sheet → Form 24Q (Salary) Here the option is given in the Salary Detail sheet to enter the Leave Encashment Here put "Gross amount" and ...
TDS- Deductions under Section 80U
TDS- Deductions under Section 80U In computing the total income of an individual, being a resident, who, at any time during the previous year, is certified by the medical authority to be a person with disability, there shall be allowed a deduction of ...
ZenTds || How to process TDS correction returns validation errors 'Mark Nil'
How to process TDS correction returns validation errors 'Mark Nil': Solution: The reason for this error is that instead of marking 'Nil' in the Deductee Entry, you have manually cleared the details in the deductee entry. If you want to mark any ...
TDS validation error regarding challan entry
TDS validation error regarding challan entry - "Date prior to immediate previous financial Year is not allow" Solution As per NSDL guideline single challan can be utilized across all forms (i.e. Form 24Q,26Q,27Q & 27EQ). Challan date can be any ...
TDS - Standard deduction section 16(ia)
TDS - Standard deduction section 16(ia) Standard Deduction of Rs. 40,000 in Budget 2018, giving the salaried class something to rejoice about. It replaced the transport allowance Rs. 19200 and medical reimbursement of Rs. 15,000 per annum ...
TDS || Form 16A / 27D Request error
Form 16A / 27D Request Error : "This statement has a challan(s) with more valid PAN deductee rows than those entered by you. Please enter details of such challan and corresponding deductee rows". Possible Resolution: Ensure accurate entry of challan ...
TDS || Import Text or Consolidate(TDS) file
The purpose of importing a text/Conso file is that all your old filed data gets into the software. You do not have to enter the master and transactions information of the Deductor and the Deductee again. To import the Text/TDS file into TDS software, ...
ZenTDS || Deductee entry error - Date of Payment Should with in financial year
Deductee entry error - The date of payment should within the financial year Possible Solution: This is an informational message informing you that both the "date of payment" and the "date of payment credit" should fall within the financial year. ...
TDS || How to fill Annexure II (Salary) details
Salary Detail (Annexure II): Please note that Salary detail data is mandatory for e-filing of Fourth Quarter for all the employees. You can enter the salary Income in Deductee Transaction > Salary Detail (Annexure II) feature given in menu bar. Now, ...
How and Where to enter PRN number?
Where to enter the PRN number for Form 16 generation and filling of next quarter return? Message while generating quarterly return. Please Update PRN No. of any last filed 24Q Quarterly return of the relevant statement. If you have not filed return ...
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