TDS Return (24Q)
Last updated
Last updated
TDS or Tax Deducted at Source is an income tax collected from certain payments like rent, salary, commission, interest, professional fees, etc. In many countries, including India require the payer to deduct a portion of the payment as tax. This deducted tax must be reported to the tax authorities through a TDS Return.
Filing of TDS Returns ensures that the government can track the tax deducted and deposited, and it helps in the reconcillation of tax credits for individuals and businesses.
To download Quarterly TDS returns, go to Reports from the Navigation menu as shown below:
In TDS details Return section, select Return Period year and Quarter. Enter valid 15-digit Token number.
When you select the quarter, under Challan details months 1, 2 and 3 will be auto-filled depending upon the selected quarter. There is Nil Tax Return checkbox, if you select that, the fields below will be greyed out.
If you don't select Nil Tax Return checkbox, then you can enter details in all the fields below and click the Generate Return button.