Generating TDS Tax Reports
The India Localization SuiteTax Reports SuiteApp enables you to generate India TDS reports. You can generate TDS reports using the following steps.
To generate a TDS tax report:
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Go to Reports > Tax > Country Tax Reports.
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In the Subsidiary field, select a subsidiary from the list.
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In the Start Period field, select a starting period for the report.
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In the End Period field, select a end period for the report.
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In the Report Name field, select the type of report you want to generate for TDS.
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Click Additional Parameters.
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On the Income Tax Form Params page, set the following fields:
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Regular Statement Filed for Earlier Period – Check this box if regular statement has been filed for earlier period.
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Token No. of Previous Regular Statement – Enter the token number of your previous regular statement.
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Change of Address of Deductor Since Last Return – Check this box if deductor’s address has changed since filing the last tax return.
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Change of Address of Responsible Person Since Last Return – Check this box if responsible person’s address has changed since filing the last tax return.
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Click OK.
Note:If you receive a browser pop-up message about unsaved changes, click Leave to go back to the Country Tax Report page.
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Click Generate.
The Country Tax Reports page reloads when a report is generated.
The generated report displays as a new line in the Report Execution Log subtab. When a report generation is in progress, the View | Download column displays a progress bar which changes into View link when a report is generated.
If the report settings cover a long time period, you may need to wait a few minutes before the report becomes available. After the report is completed, the system sends you an email notification with a link to the report.