E-24Q

E-24Q is a Quarterly e-return which contains the details of the salary paid and tax deducted from the employees, that an Employer needs to submit to the department in each Quarter.

To export E-24Q

Go to Gateway of Tally > Display > Statutory Reports > Payroll Reports > Income Tax > E-Return > E-24Q

In Quarterly Return screen press Backspace to make changes in Person Responsible Details or Other Details fields.

Note: As per the new E-return structure it is must to specify either Mobile Number or  STD Code with Telephone number in E-24Q file.

 

* If the user tries to navigate without specifying the Mobile number or STD Code or Telephone number application will not allows to move further.

The Quarterly Return configuration screen is displayed as shown:

The exported file is placed in the Tally.ERP 9 Directory with the file name as specified above.

The exported file (form 24Q) is required to be validated with the File Validation Utility (a freely downloadable utility from NSDL website) and after validation, the returns should be submitted to the department in CD along with Form 27A in Physical Form.

Note: It is mandatory to validate the TDS returns with File Validation Utility to confirm to the requirements as prescribed by the Income tax department. In case of any errors in exported file (Returns), the FVU prompts a error message with error code, the assessee may correct the same and revalidate the returns. The File Validation Utility is available for Quarterly and Annual returns separately.

 

Tally.ERP 9 exports Form 24Q in the text (.txt) format as prescribed by NSDL.