Quarterly e-TDS Forms can be generated after reconciling the TDS challans.
To generate quarterly e-TDS returns
1. Reconcile TDS Challans.
o Go to Gateway of Tally > Display > Statutory Reports > TDS Reports > Challan Reconciliation.
o Press F5 for Challan Reconciliation.
2. Go to TDS Challan Reconciliation report and update the following fields for each payment made.
o e-TDS Quarter Period - From and To
o Cheque/DD No.
o Name of Bank
o BSR Code
o Challan No.
o Challan Date
3. Press Ctrl+A to accept.
4. Go to Gateway of Tally > Display > Statutory Reports > TDS Reports > E Return > e-TDS > Form 26 Q. The e-TDS Export screen appears.
o Enter the folder path for exporting the file in the field Export Location.
o Enter the Output File Name. By default, Tally.txt will be displayed.
o The address details are automatically defaulted from the company masters in the field Person Responsible Details.
o Enter the Mobile Number and STD Code of the assessee.
o Enter the Telephone number of the assessee.
Note: As per the e-TDS structure either the Mobile Number or STD Code with Telephone number must be specified in the e-TDS file mandatorily.
o Set Is Change in Address since last Return? to Yes if required.
o Select Ledger Name or Name on PAN/IT No. in the field Appearance of Deductee Names.
o Enter Other Details, as required.
5. Press Enter to save.
The following fields are mandatory (with valid data) in the exported e-TDS form:
● Company TAN No.
● PAN
● Address (without special characters)
● State
● PIN
● STD & Telephone No. or the mobile number of the person responsible.
● E-mail ID
● Party’s PAN
● Party's Address (without special characters)
● Party's State
● Party's PIN
● Person Responsible for details in the Export Configuration.
● Challan Reconciliation with valid data entered in all columns. For example, if cheque no. is 000012, then it has to be entered entirely and not just 12 and BSR Code.
● Selection of the proper Date range and Challan Date Till fields in the Export Configuration.