Posts Tagged ‘income tax’

Notification on TDS and TCS

May 25th, 2009

The Ministry of Finance vide Notification No. S.O.858 (E) dated 25th March 2009 informed taxpayers that the new Form 17 (the challan for payment of TDS and TCS) is applicable only for payment of tax deducted or collected at source on or after 1st April 2009. Therefore, in respect of any TDS (Tax Deducted at Source) or TCS (Tax Collected at Source) made before the 1st April, 2009, the payment will continue to be made to the credit of the Central Government by using the challan in Form No. 281 (i.e. the old challan form) even after 31st March 2009.

JS@eTDS – an ideal Software

May 14th, 2009

JS@eTDS is an ideal software for generating your eTDS / eTCS Quarterly Returns as per the stipulated requirements of the Income Tax Department, Govt. of India.

It is a simple to use software, which will assist in processing your Returns pertaining to Forms 24Q, 26Q, 27Q and 27EQ, and help generate the electronic files for submission with minimum of efforts. This software also prints TDS certificates for non-salary deductees (Form 16A)

JS@eTDS Features :

1. Enter the TDS/ TCS related data for each FORM such as Company Information, Payment Challans. Deductee Information etc. in a well laid format.

2. Supports unlimited Companies with grouping facilities.

3. Generates the eTDS/ eTCS Returns for Forms 24Q, 26Q, 27Q & 27EQ.

4. Prints TDS Certificate for the non-salary deductees (Form 16A).

5. Prints out Form 27A/ 27B to be submitted along with each Return.

6. Prints out Forms 24Q, 26Q, 27Q & 27EQ for Office records.

7. Internal log for the Returns file generated.

8. Backup & Data Restore facilities.

9. System minimizes the duplication of data entry effort.

10. Extremely user-friendly Windows based interface.

11. All data input screen has been designed such that you can work with the keyboard with minimum usage of the mouse to enhance the speed of operation.

12. Internal checks and balances minimizes human errors.

13. A simple to read User’s Manual is provided.