Form 27A

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1

Hi All,

Need to know-

1. What is Form No. 27A?
2. How is it being used in companies?
3. Are there any mandatory points to look into while filling out the form?

Please advise on all.

Thank you.
Ann

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2

Form No 27A - Form for furnishing information with the statement of tex deducted at source.

It is used to file eTDS quarterly by companies

  1. Form 27A is generated by TDS/TCS FVU (File Validation Utility).

  2. There should be no overwriting/striking on Form No. 27A. If there is any, Please make necessary changes in the file, validate and generate new Form 27A from File Validation Utility (FVU).

  3. Name and TAN of deductor and control totals of ‘amount paid’ and ‘income tax deducted at source mentioned on Form No. 27A should match with the respective totals in the e-TDS/TCS return.

  4. All the fields of Form No. 27A are duly filled. The Form 27A needs to be signed by the responsible person.

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3

Thanks @Bharath. It helps.

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4

To add what @Bharath has said.

Form No. 27A is a is a summary of e-TDS/TCS returns which contains control totals of ‘amount paid’ and ‘income tax deducted at source’. The control totals of ‘amount paid’ and ‘income tax deducted at source’ mentioned on Form No. 27A should match with the corresponding control totals in e-TDS/TCS return. A separate Form No. 27A is to be filed for each e-TDS/ TCS return.

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