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Simple Steps to Add Challan Details Via Gen TDS Software

A Guide to Add Challan Via Gen TDS Software

Simple Meaning of TDS Challan

TDS challans are used to deposit TDS with the Indian government. There is only one challan that can be utilised for depositing taxes collected under each section of the Income Tax Act. Assesses who want to pay the TDS without a challan must deposit the TDS collected on the same day.

Different Kinds of TDS Challan

Basically, there are two types of TDS Challans as described below –

TDS Challan 280

Income Tax India’s official website has a form called TDS Challan 280. It is possible to pay income tax online or offline using Challan 280.

In addition to Advance Tax, Regular Assessment Tax, Surcharge, Self-Assessment Tax, and Tax on Distributed Profits, Challan 280 can also be used for Income Tax payments.

Challan No./ITNS 280 is required to pay Income Tax and Corporation Tax, regardless of the mode of payment chosen.

For Challan 280, the following details are required:

  • Permanent Account Number(PAN)
  • Assessment Year
  • Taxpayer Name (Firms / Other than Firms)
  • Address of the Taxpayer
  • Name of the Branch and Bank

TDS Challan 281

TDS challan 281 is used by corporations and non-corporate commodities to deposit TDS or Tax Collected at Source. As part of the sale of specified goods, the seller typically collects this fee from the buyer. A Challan Identification Number (CIN) is generated when the payment is made.

Essential Points to Remember When Collecting TDS

  • Tax Deduction and Collection Account Numbers (TANs) are issued to individuals responsible for collecting taxes through TDS.
  • On the NSDL website, you can find an alpha-numeric TAN number.
  • In order to obtain your TAN number, you must submit Form No. 49 B along with a fee.
  • Individuals who fail to quote TAN in their communications with the Income Tax Department will be fined Rs. 10,000.

Step-by-Step Procedure to Add Challan Details Via Gen TDS Software

The following steps will guide you through the process of adding challan details to the Original and Correction Statements:

Case 1: How to Add Challan in the Original Statement

Step 1: First Install the Gen TDS Return Filing Software On Your Laptop and PC.

Step 2: Now Select the form on which you want to file your ‘Original TDS returns’. Just click on the ‘TDS Forms’ option as shown in the screenshot.

Gen TDS Dashboard

Step 3: Click the Particular Client, Quarter and Assessment Year.

Client Infomation

Step 4: Select the Section in Which You Have Made the Payment and Fill in the Challan Details Like BSR Code, Challan Date, Amount etc.

Challan Details Dashboard

Step 5: The next step is to add your challan details by clicking the save button. In the upper row, you can see the details of the challan.

Add Challan Details

Step 6: After Double Clicking on Challan You Can Add the Deductee Details.

Add Deductee Details

Case 2: How to Add Challan in the Correction Statement

Step 1: In the case of the correction statement. If the client clicks Yes on the Request for Online Correction, they can add the details of the challan while making the correction.

Add Challan Details for Online Correction

Step 2: After that Click on the Available Status

Track Correction Request

Step 3: In the next process you can add challan as shown in the below screenshot

Add Challan Details On Traces

Disclaimer:- "All the information given is from credible and authentic resources and has been published after moderation. Any change in detail or information other than fact must be considered a human error. The blog we write is to provide updated information. You can raise any query on matters related to blog content. Also, note that we don’t provide any type of consultancy so we are sorry for being unable to reply to consultancy queries. Also, we do mention that our replies are solely on a practical basis and we advise you to cross verify with professional authorities for a fact check."

Published by Arpit Kulshrestha
Arpit Kulshrestha seeks higher interests in financial services, taxation, GST, I-T, etc. Writes articles with depth knowledge and is extensive for the same. The resources provide effective articles for the products of SAG infotech which provides taxation and IT software. Writing from observations and researching makes his articles virtuous. View more posts
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