Who is the e-Filing Administrator?

The CBDT has appointed the Director General of Income-tax(Systems) as e- Filing Administrator for the purpose of the Electronic Filing of Returns of Tax Deducted at Source Scheme,2003.

Payments are made to employees and contractors. In such a case, TDS return is required to be submitted in a single Form or separate form is required for employees & contractors.

For tax deducted at source from salary paid to employees, the annual return for tax deducted at source up to financial year 2004-2005 is to be filed in Form 24 and from financial year 2005-2006 onwards, the quarterly returns are to be filed in Form 24Q. Similarly, in case of payments mad to contractors, Form 26 will have to be filed for deduction made up to financial year 2004-2005 and Form 26Q on a quarterly basis for deductions made from financial year 2005-2006 onwards.

What are the forms to be used for filing annual/quarterly TDS/TCS returns?

Following are the returns for TDS and TCS and their periodicity:

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 Form 27E Annual return of collection of tax under section 206C of Income Tax Act, 1961 Annual Form 24Q Quarterly statement for tax deducted at source from "Salaries" Quarterly Form 26Q Quarterly statement of tax deducted at source in respect of all payments other than "Salaries" Quarterly Form 27Q Quarterly statement of deduction of tax from interest, dividend or any other sum payable to non-residents Quarterly Form 27EQ Quarterly statement of collection of tax at source

Under what provision the e-TDS return should be filed?

An e-TDS return should be filed under Section 206 of the Income Tax Act in accordance with the scheme dated 26.8.03 for electronic filing of TDS return notified by the CBDT for this purpose. CBDT Circular No.8 dated 19.9.03 may also be referred.

Who is required to file e-TDS return?

As per Section 206 of Income Tax Act all corporate and government deductors are compulsorily required to file their TDS return on electronic media (i.e. e-TDS returns). However, for other Deductors, filing of e-TDS return is optional.

What is e-TDS Return?

e-TDS return is a TDS return prepared in form No.24,26 or 27 in electronic media as per prescribed data structure in either a floppy or a CD ROM. The floppy or CD ROM prepared should be accompanied by a signed verification in Form No.27A.

Is the procedure for filing of e TCS different from that of filing eTDS return?

The procedure for filing of e-TCS return is the same as that of e-TDS except the forms to be used are different. The relevant forms for filing the eTCS return are

Annual - Form No. 27E, 27B (Control Chart) Quarterly- Form No 27EQ, 27A.

The TCS returns are also to be filed with NSDL at the various facilitation centers opened by it at various stations. The detailed addresses of the same are available at the websites www.incometaxindia.gov.inand www.tin-nsdl.com.