Creating Tax Deduction at Source Challan Vouchers

The India Localization SuiteTax Engine SuiteApp enables you to create a challan voucher to submit TDS to the tax authority. A challan voucher contains tax related information and tax payment details.

You can create a challan voucher for multiple section codes in a tax transaction period. The Section Code field on a India TDS challan voucher record lists all section codes available for a subsidiary. You can create multiple challans using different section codes in a transaction period for a subsidiary. If a challan voucher already exists for a section code in a transaction period, a duplicate challan voucher is not created.

To create a TDS challan voucher:

If you are using the Accounting Center, go to Financial > Other > India TDS Challan Voucher.

If you are using the Classic Center, go to Transactions > Finance > India TDS Challan Voucher.
Click New India TDS Challan Voucher.
In the Classification section, select a subsidiary.
In the India Tax Information section, complete the following:
1. In the Tax Transaction To and Tax Transaction From fields, enter the transaction period.
2. Enter bank details for the challan.
3. In the Section Code field, select one or more section codes to create a challan voucher.
4. (Optional) Check the Select All Section Codes box to create a challan voucher for all the section codes. By default, this field is selected for new and existing transactions.
Enter other required details.
Click Save.

The following table list the fields available on a challan voucher:

Field	Description
Challan for NRI	Check this box to file Form 27Q.
Return Form Period	Select the return form period associated with the challan.
Tax Transaction From	Enter the start date of the bills associated with this challan.
Tax Transaction To	Enter the end date of the bills associated with this challan.
Bank Challan Number	Enter the challan number issued by the bank.
Bank Branch Code	Enter the challan BSR code of the receiving branch.
Date of Bank Challan	Enter the tax payment date.
Minor Head of Challan	Select from the following options: TDS Payable by Taxpayer TDS Regular Assessment
Nil Challan Indicator	Check this box if the voucher is eligible for Nil TDS Return.
Details of Payment	Select the type of payment made.
Section Code	Select the section codes for which you want to generate challan vouchers for a transaction period.
Select All Section Codes	Check this box to select all section codes to generate challan vouchers for a transaction period.

Field

Description

Challan for NRI

Check this box to file Form 27Q.

Return Form Period

Select the return form period associated with the challan.

Tax Transaction From

Enter the start date of the bills associated with this challan.

Tax Transaction To

Enter the end date of the bills associated with this challan.

Bank Challan Number

Enter the challan number issued by the bank.

Bank Branch Code

Enter the challan BSR code of the receiving branch.

Date of Bank Challan

Enter the tax payment date.

Minor Head of Challan

Select from the following options:

TDS Payable by Taxpayer
TDS Regular Assessment

Nil Challan Indicator

Check this box if the voucher is eligible for Nil TDS Return.

Details of Payment

Select the type of payment made.

Section Code

Select the section codes for which you want to generate challan vouchers for a transaction period.

Select All Section Codes

Check this box to select all section codes to generate challan vouchers for a transaction period.

To create a TDS challan voucher:

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