This topic provides all the FAQ related to TDS.
2. When a single payment voucher was recorded for parties whose deductee type belong to company and noncompany with the same challan details, there was an error while validating the exported E-TDS text file using the FVU E-TDS/TCS validation tool provided by NSDL department. How to resolve this?
As per the notification from the Director General of Income Tax (Systems), a separate payment is required for corporate and non-corporate deductees. A single payment can not be made for both type of deductees having the same challan details.
If a user is recording the TDS duty payment for both company and non-company deductees in a single voucher (Manual), the challan details need to be provided with suffix or prefix in Challan Reconciliation report before generating the E-TDS/TCS text file from Tally.ERP 9. In the exported E-TDS/TCS text file, user has to remove the challan number suffix or prefix details and save the file. This text file can now be validated successfully.
Consider the following example, in which the error Partially overlapped can occur.
A stat payment already exists (on 12-Dec-2018) for a particular period (1-Nov-2018 to 30-Jan-2019). If another stat payment is recorded (on 12-Jan-2019) for a partially same period (1-Jan-2019 to 31-Jan-2019), the error Partially overlapped occurs while saving the voucher.
● To correct this, go to Gateway of Tally > Statutory Reports > TDS Reports > Challan Reconciliation .
● View the TDS Challan Reconciliation report for any date on which the payment entry was recorded (12-Dec-2018 in this example).
● Click L : Show All and correct the To period for the voucher (as 30-Nov-2018) and save it.
Now you can record a new stat payment voucher.
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