| Form No.
|
Particulars |
Periodicity |
| Form
24 |
Annual
return of "Salaries" under Section 206 of Income
Tax Act, 1961 |
Annual |
| Form
26 |
Annual
return of deduction of tax under section 206 of
Income Tax Act, 1961 in respect of all payments
other than "Salaries" |
Annual |
| Form
27 |
Statement
of deduction of tax from interest, dividend or
any other sum payable to certain persons*
|
Quarterly |
| *
see rule 37A of Income Tax Rules, 1962
|
ITD has made it mandatory (w.e.f. June 1, 2003) for
corporate deductors to furnish their TDS returns in
electronic form (e-TDS return). Non-corporate deductors
can furnish their returns in physical form with their
respective Income Tax offices. They can also furnish
their returns in electronic form through TIN facilitation centres
established by NSDL.
ITD has notified an "Electronic
Filing of Returns of Tax Deducted at Source Scheme,
2003". It is applicable to all deductors furnishing
their TDS return in electronic form.
Deductors furnishing their TDS return in electronic
form (e-TDS return) shall furnish the same to TIN
facilitation centres established by NSDL.
Deductors furnishing returns in electronic form
(e-TDS return) have to furnish a control chart - Form27A
in physical form alongwith the e-TDS return CD/floppy.
Form 27A is a summary of TDS return (Form 24, 26 or 27),
which contains control totals of 'Amount Paid' and
'Income tax deducted at source'. The control totals
mentioned on Form 27A should match with the
corresponding control totals in e-TDS return file. Form
27A is required to be furnished separately for each
return (Form 24, 26 or 27).
|