TDS return filing is mandatory for the assessees who come under the tax slab mentioned by the IT department. It is mandatory to file the return and it can be easily done through the e-filing portal of the IT department. Once you submit the TDS returns online, the details will show up on Form 26AS.
How to file TDS return
The details that are obligatory when you file a TDS return are as follows;
- The deductor’s and deductee’s PAN details.
- TDS challan information
- The tax amount that was paid
- Other relevant info
Procedure for TDS returns validation
- Initially, the relevant details should be properly mentioned.
- Once they have been filled, they should be filled on the validation utility tool in the portal.
- This tool is accessible on the site of the NSDL free of cost.
- If there are any mistakes, the FVU [file validation utility] will report them.
- The necessary changes should be done prior to sending the file for the verification process for a second time.
Revised TDS Return
If there are mistakes while filing TDS returns like incorrect challan details or PAN details, the tax amount paid to the government won’t show up on Form 16, Form 26AS and Form 16A. You need to file the TDS returns again. Revised TDS Return filing can be done only if the TIN central system acknowledges the original return.The return status can be verified by offering the PAN and PRN [Provisional Receipt Number] details on the NSDL site.
The revised TDS return should be carried out utilizing the recent TDS statement. You can download the combined statement from the TRACES site. But, you need to enter the provisional receipt number or the token of your original returns to download it.
Conclusion
If you are looking for how to file TDS return, you can make use of the information mentioned above.