TDS TCS RETURN PREPARATION UTILITY PART H
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The document outlines updates to the TDS and TCS return preparation utilities, specifically detailing new columns and fields added to forms 26Q and 27Q starting from the second quarter of FY 2019-20. It also includes guidance on nature of remittances that have been disabled for form 27Q and introduces additional columns for associated remarks. The information provided is meant for internal use by the NSDL e-Governance team.
TDS TCS RETURN PREPARATION UTILITY PART H
- 1. https:://gstambattur.in icainstituteannanagar@gmail.com 7550095215/ 7550085215 INSTITUTE OF COMPANY ACCOUNTANTS TDS TCS RETURN PREPARATION UTILITY (RPU) PART H
- 2. Confidential. NSDL e-Gov Internal useonly Regular statement -Deductee details (Annexure I) Form 26Q and 27Q 1.New column “ Annexure I (Deductee details) in Form 26Q and27Q. 2.This field will be applicable for statements pertaining to Q2 of FY 2019-20onwards. 3.It will be enabled for section code 94Nonly. Newly added field for form 26Q and 27Q. Refer note 1 & 2below ” is added under Note: Amount of cash withdrawal in excess of Rs. 1 crore as referred to in section 194N
- 3. Confidential. NSDL e-Gov Internal useonly Regular statement -Deductee details (Annexure I) Form 26Q and 27Q Note: 1.New column “Amount of cash withdrawal which is in excess of Rs. 20 lakhs but does not exceed Rs. 1 crore for cases covered by sub-clause (a) of clause (ii) of first provision to section 19" AND “Amount of cash withdrawal which is in access of Rs. 1 crore for 4N cases covered by sub-clause (b) of clause (ii) of first provision to section 194N” are added under Annexure I (Deductee details) in Form 26Q and27Q. 2.This field will be applicable for statements pertaining to Q2 of FY 2020-21onwards. Newly added fieldsfor form 26Q and 27Q. Refer note 1 & 2below 3.It will be enabled for section code 194NFonly.
- 4. Confidential. NSDL e-Gov Internal useonly Regular statement -Deductee details (Annexure I) Form27Q Note: 1. 2. Reduction in the list of ‘Nature of remittance’ applicable for (Form 27Q) :-As directed by ITD below mentioned nature of remittances have been disabled • • • • Commission Payments to Sports person andArtists Winning from horseraces Winning from lotteries, crossword puzzles, card games and other games of anysort. For more details, please refer respective fileformat. Reduction in the list of Nature of remittances. Refer note 1 to 2 below
- 5. Confidential. NSDL e-Gov Internal useonly Regular statement -Deductee details (Annexure I) Form27Q Note: 1.New columns 618A, 618B and 618C areadded under Annexure I (Deducteedetails) in Form 27EQ. 2.These field will be applicable for statements pertaining to Q23 of FY 2020-21onwards. 3.Column 618A will be enabled for remarks “F” and “G”only. 4.Column 618B and 618C will be enabled if “Ys” present in column 618A. Newly added columns for form 27EQ Version 1.7.8
- 6. Confidential. NSDL e-Gov Internal useonly Regular -Preparation of Salary Statement– for challan and deductee details, refer earlier slides Click on Annexure II to fill in salary details. Applicable only for Form 24Q & Quarter4 Click here to insert rows. no. of
- 7. https:://gstambattur.in icainstituteannanagar@gmail.com 7550095215/ 7550085215 INSTITUTE OF COMPANY ACCOUNTANTS THANK YOU