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.
To create a TDS challan voucher:
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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.
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Click New India TDS Challan Voucher.
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In the Classification section, select a subsidiary.
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In the India Tax Information section, complete the following:
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Enter the transaction period.
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Enter bank details associated with the challan.
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In the Section Code field, select the section code for which you want to generate vouchers.
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Enter other required details.
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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:
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|
Nil Challan Indicator |
Check this box if the voucher is eligible for Nil TDS Return. |
|
Details of Payment |
Select the type of payment made. |
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