Creating Tax Deduction at Source Challan Vouchers
The India Localization SuiteTax Engine SuiteApp enables you to create a challan voucher that is required to submit taxes to the tax authority. A challan voucher contains tax related information and tax payment details.
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 the subsidiary for this record.
-
In the India Tax Information section, enter tax related information and bank details associated with the challan voucher.
-
Enter other details as required.
-
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. |
|
Tax Transaction From |
Enter the start date of the bills that belongs to this challan record. |
|
Tax Transaction To |
Enter the end date of the bills that belongs to this challan record. |
|
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:
|
|
Details of Payment |
Select the type of payment made. |