TDS/TCS returns & Form 27A

Hi All,

We have a question on filing of TDS/TCS returns. What is Form 27A and its importance?

Thanks in advance for your answers.

Regards,
Jyoti

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Form 27A is the form for furnishing information with the statement of deduction of tax at source. It is a summary of eTDS return which contains control totals of ‘amount paid’ and ‘income tax deducted at source’. This has to be mandatory verified using FVU (File Validation Utility). 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 eTDS return.

With effect from February 1, 2014, it is mandatory to submit Form 27A generated by TDS/TCS FVU (File Validation Utility) duly signed, along with the TDS/TCS statement(s). Any other Form 27A submitted will be treated as invalid submission and the same will be rejected by TIN-FC branches.

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Hi @Jyoti,

Adding to @Bhavan 's suggestion-

Form 27A is a control chart of quarterly e-TDS/TCS statements to be filed in paper form by deductors/collectors alongwith quarterly statements. It 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.

Hope it helps.

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Thank you @Bhavan & @Adarsh for the detailed information. It helps.
In case of additional questions on form 27A during filing, we will connect back.

Regards,
Jyoti

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Is this form 27A applicable for permanent employee.?

1 Like

Hi ,

Form 27A will be generated after the successful validation of Quarterly eTDS returns for the employees.

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