e-TDS Entities (both corporate and non-corporate deductors) making payments (specified under Income Tax Act) to third

parties (deductees) are required to deduct tax at source (Tax Deducted at Source -TDS) from these payments and deposit the same at any of the designated branches of banks authorised to co ect taxes on beha f of !o"ernment of India# They shou d a so furnish TDS returns containing detai s of deductee(s) and cha an detai s re ating to deposit of tax to ITD# As a part of automation of co ection$ compi ation and processing of TDS returns ITD has notified an %E ectronic &i ing of 'eturns of Tax Deducted at Source Scheme$ ())*%# It is app icab e to a deductors furnishing their TDS return in e ectronic form# As per this scheme+

It is mandatory (w.e.f. June 1, 2003) for corporate deductors to furnish their TDS returns in e ectronic form (e!TDS return). "rom ".#. 200$!200% onwards furnishin& TDS returns in e ectronic form is a so mandatory for &o'ernment deductors in addition to corporate deductors. Deductors (other than &o'ernment and corporates) may fi e TDS return in e ectronic or physica form. (ationa Securities Depository )td. ((SD)) as the e! TDS Intermediary (appointed *y ITD) recei'es, on *eha f of ITD, the e!TDS returns from the deductors.

Deductors can submit e-TDS returns through TI,-&aci itation -entres (TI,-&-) estab ished by ,SD. or direct y up oad through ,SD. /eb-site# e-TCS T-S means co ection of tax at source by the se er (co ector) from the buyer (co ectee0payee) of the goods (specified u0s ()1- of Income-tax Act$ 2312$ ike timber obtained under forest ease$ scrap$ any other forest produce not being timber or tendu ea"es etc#$)# &or e#g# if purchase "a ue of goods is 's#2)$)))0-$ the buyer /i pay an amount of 's#2)$)))0- 4 5 (5 being the "a ue of T-S as prescribed under Income-tax Act$ 2312) to the se er# The se er /i deposit the tax co ected at source (T-S) at any of the designated branches of the authorised banks# &o o/ing the automation of TDS returns in ())*$ ITD has no/ notified an %E ectronic &i ing of 'eturns of Tax -o ected at Source Scheme$ ())6%# It is app icab e to a deductors furnishing their T-S return in e ectronic form# As per this scheme+ It is mandatory for corporate and &o'ernment deductors to furnish their T+S

returns in e ectronic form (e!T+S return) from ".#. 200$!200% onwards. Deductors (other than &o'ernment and corporates) may fi e T+S return in e ectronic or physica form. (SD) as the e!T+S Intermediary (appointed *y ITD) recei'es, on *eha f of ITD, the e!T+S returns from the deductors. REVISED FORMS AND FILE FORMATS FOR e-TDS/e-TCS RETURNS

Financial Year 2002!2003 2003!200$

Form 2$ ! TDS 2, ! TDS 2- ! TDS

Periodicit .nnua .nnua /uarter y

Remar!" +orporates ! mandatory to fi e in e ectronic form 0ther deductors ! may fi e in e ectronic form or in physica form

"orm 2-. to *e fi ed in physica form with each return su*mitted throu&h

TI(!"+ 200$!200%1
'e"ised (7 - TDS 'e"ised (1 - TDS 'e"ised (8 - TDS (8E - T-S

.nnua .nnua /uarter y .nnua

+orporates, 2o'ernment Departments 3 0r&anisations ! mandatory to fi e in e ectronic form 0ther deductors ! may fi e in e ectronic form or in physica form

to *e fi ed in physica form with each e!TDS return and &orm (89 to *e fi ed in physica form with each e!T+S return su*mitted throu&h TI(!"+
&orm (8A

200%! 200,11

(7: - TDS (1: - TDS

2-/ ! TDS
(8E: - T-S

/uarter y /uarter y /uarter y /uarter y

+orporates, 2o'ernment Departments 3 0r&anisations ! mandatory to fi e in e ectronic form 0ther deductors ! may fi e in e ectronic form or in physica form

&orm (8A

to *e fi ed in physica form with each return su*mitted throu&h

TI(!"+ 1Form" #or TDS/TCS ret$rn" %a&e 'een re&i"ed ' ITD( Corre")ondin* #ile #ormat" #or e-TDS +Form ,-. ,/. ,01 and e-TCS +Form ,0E1 %a&e 'een noti#ied ' ITD and %a&e come into e##ect #rom Ma 2. ,334( 11e-TDS/e-TCS ret$rn" 5ill 'e #iled 6$arterl #or F(Y( ,334-,33/( T%e #ile #ormat" #or 6$arterl ret$rn" +Form" ,-7. ,/7. ,07 and ,0E71 %a&e 'een noti#ied ' t%e ITD and %a&e 'een made a&aila'le on NSDL 5e'-"ite(
Deductors furnishing e-TDS0 e-T-S returns are required to furnish a contro chart - &orm (8A0 (89 in physica form a ong /ith the e-TDS0e-T-S return furnished in -D0f oppy# &orm (8A is a summary of TDS return (&orm (7$ (1 or (8)$ /hich contains contro tota s of ;Amount <aid; and ;Income tax deducted at source;# &orm (89 is a summary of e-T-S return (&orm (8E) /hich contains ;Amount <aid; and ;Income Tax -o ected at Source;# The contro tota s mentioned on &orm (8A0 (89 shou d match /ith the corresponding contro tota s in e-TDS0e-T-S return fi e# &orm (8A is required to be furnished separate y for each TDS return (&orm (7$ (1 or (8)# &orm (89 is required to be furnished separate y for each T-S return (&orm (8E) <rocedures and guide ines for preparing and furnishing e-TDS0e-T-S return are gi"en in the Deductors; =anua # ,SD. has de"e oped a free y do/n oadab e uti ity ca ed &i e >a idation ?ti ity to "erify /hether the e-TDS0e-T-S return fi es prepared by the deductors0 co ectors conform to the prescribed format#