Can TDS return be filed without TAN?
No. Quoting of TAN is mandatory in all TDS/TCS/Annual Information returns, whether filed in paper or electronic format. The return, whether in paper or electronic format, will not be received in case the correct TAN is not quoted.
Is TAN mandatory for TDS?
Ans. TAN or Tax Deduction and Collection Account Number is a 10 digit alpha numeric number required to be obtained by all persons who are responsible for deducting or collecting tax. It is compulsory to quote TAN in TDS/TCS return (including any e-TDS/TCS return), any TDS/TCS payment challan and TDS/TCS certificates.
How can I file IT return without TAN number?
How to file return and claim my TDS without TAN number of…
- Go to incometaxindiaefiling.gov.in.
- Login into your Account (PAN based).
- Once Login, go to My Account >> View Form 26AS (Tax Credit).
Is TAN number mandatory for individuals?
TAN is required by all individuals because without it Tax Deducted at Source (TDS) or Tax Collected at Source (TCS) returns are not accepted by TIN facilitation centres. Banks to do not accept the challans for TDS/TCS payments if TAN is not quoted.
Can we file TDS return without software?
As you know if you have to file your TDS Return ,you have to buy a Software for return preparation and FUV file Generation . There are a lot of software which provide this facilities.
How can I check my TDS return status in traces?
Steps to view TDS Return Statement Status on TRACES
- Log in to TRACES. Log in to TRACES – Enter User Id, Password, TAN or PAN and captcha.
- Navigate to Statement Status. Go to Statements / Payments > Statement Status.
- View statement status.
- Option 1:
- Option 2.
- Option 3.
- Option 4.
What is tan no in TDS?
About TAN. Tax Deduction Account Number or Tax Collection Account Number is a 10 -digit alpha-numeric number issued by the Income-tax Department. TAN is to be obtained by all persons who are responsible for deducting tax at source (TDS) or who are required to collect tax at source (TCS).
Is Tan compulsory for company?
TAN is an alphanumeric ten digit number allotted by Income Tax Department. It is to be taken by all businesses, whether it is a small proprietorship or big billion company. It is compulsory for every business which needs to deposit tax at source.
Can I file without Form 16?
Even if you don’t have Form 16, there are several documents such as salary slips, Form 26As etc. you can use as a reference to file your income tax return (ITR). Follow this guide to know how you can easily your ITR without having your Form 16 from your employer.
Can ITR be filed without CA?
Yes you can file your ITR without the help of CA just like you can take medicines for any illness without consulting a doctor.
What is the purpose of TAN number?
The primary purpose of the tax deduction and collection account number, commonly known as TAN, is related to deduction or collection of tax at source. Under section 203A of the income tax act, obtaining TAN is compulsory for individuals or businesses mandated by the government to deduct or collect tax.
Can TDS return be filed without DSC?
The TDS statements can be uploaded using DSC. After step 4, if you haven’t generated a DSC, you will be able to validate the TDS statements using an electronic verification code (EVC). Upload the TDS zip file and click on ‘Click here to E-verify’.
Is tan mandatory for filing TDs return?
TAN is mandatory for deductor to deposit TDS to the Government and for filing the TDS return. If you deduct tax and not deposited it to the Govt. then interest, fee and penalty will be charged by the Income Tax Department. There are some transactions in which TAN is not required i.e. Tax deducted u/s 194IA or Tax deducted under section 194IB etc.
Is it compulsory to file TDs return if there is no deduction?
Legally there is no need to file Quarterly TDS Return/ Statement where no tax has been deducted at source. NSDL is also of the view that it is not at all compulsory to file NIL return, if deductor has not deducted any tax at source or if there is no transaction at all for a particular period.
What are the requirements for E-TDS/TCS return?
Form 24Q. e-TDS/TCS return file should contain TAN of the deductor/collector without which, the return will not be accepted. CD/Pen Drive should be virus-free. In case any of these requirements are not met, the e-TDS/TCS return will not be accepted at TIN-FCs.
What happens if assessee does not file TDs return due to nil?
The assesee who has not filed the return because of NIL transactions replies to this letter stating that as there is no transaction during the quarter the return/statement has not been filed. The other option left before the assessee is to file a NIL return. When Assessee is required to file NIL TDS return?