TDS on Salaries - Income Tax Department

experts may be treated at par. More over, the procedural
distinction in the matter of extending privileges between
officials and experts on mission has been dispensed with.
As a result, experts on mission are also entitled to the
same privileges and immunities as are enjoyed by the
officials of the United Nations.
CHAPTER-9
e-<strong>TDS</strong> & QUARTERLY
STATEMENTS OF <strong>TDS</strong>
9.1 Introduction :
e-<strong>TDS</strong> implies, filing of the <strong>TDS</strong> return in electronic media as
per prescribed data structure in either a floppy or a CD ROM.
The aforesaid requirement is essentially a part of the
process of automation of collection, compilation and processing of
<strong>TDS</strong> returns. Preparation of returns in electronic forms or e-<strong>TDS</strong>
will eventually be beneficial to the deductor, by cutting down the
return preparation time, reducing the volume of documentation and
thereby economizing the compliance cost. At the same time, it will
also facilitate the Government in better co-relation of taxes deducted
with the taxes finally deposited in the banks and credits of <strong>TDS</strong>
claimed by the deductees.
9.2 Statutory Requirement of Preparation of e-<strong>TDS</strong>
As per proviso to section 206(2), w.e.f. 01/04/2005, a deductor
is required to prepare the return of <strong>TDS</strong> in electronic form. The
comprehensive scheme of e-<strong>TDS</strong> has been notified vide
Notification No. S.O. 974 (E) dated 26/08/2003. The present
statutory provisions mandate the Government and Corporate
deductors to file the <strong>TDS</strong> returns and statements in
electronic form with the designated e-<strong>TDS</strong> Intermediary
at any of the TIN facilitation centres. Further where the
deductor is,
(a) A person required to get his accounts audited u/s 44 AB in the
immediately preceding F.Y. or
(b) The number of deductee’s record in a statement for any quarter
of F.Y. is twenty or more.
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