Course Content
Welcome Toolkit
0/1
Introduction to GST
0/1
Charge of GST
0/1
RCM in GST
0/1
RCM in GST Practical Aspect
0/1
Exempt Supply in GST
0/1
Time of Supply in GST
0/1
Value of Supply in GST
0/1
Types of Supply in GST
0/1
Input Tax Credit in GST
0/1
Interest on GST
0/1
Assessment & Audit in GST
0/1
Search and Seizure in GST
0/1
Demand & Recovery in GST
0/1
Appeal & Revision in GST
0/1
Advance Ruling AAR in GST
0/1
Overview of GST Portal
0/1
Practical session on ITC Reconciliation
0/1
Practical session on GSTR 3B (Regular)
0/1
Practical session on GSTR 3B (QRMP)
0/1
Practical session on GST Computation
0/1
Practical Session on GSTR 4
0/1
Practical session on GSTR 10
0/1
Introduction to Income Tax Act
0/1
Income under the head Other Source
0/2
Set Off or Carry Forward of Losses
0/1
Deductions
0/1
Interest on Income Tax
0/1
Income Tax Computation
0/1
ITR 5 Filing
0/1
Rectification of Mistake us 154
0/1
Vodafone Case Law
0/1
Intro to TDS & TCS
0/1
Sec 194C TDS on Contract
0/1
Sec 194D & 194H TDS on Comm.
0/1
Sec 194I TDS on Rent
0/1
Sec 194J TDS on Professional Services
0/1
194Q TDS on Purchase of goods
0/1
Sec 194S TDS on Virtual Digital Assets
0/1
194S TDS on Virtual Digital Asset FAQ
0/1
How to Apply for TAN
0/1
TDS Return Salary
0/1
TDS Return other than Salary
0/1
Course in GST ITR & TDS
About Lesson

In this session we have discuss about TCS Return filing. Forms 27EQ is a quarterly statement that mention details and information regarding tax collected at source at the end of every quarter as per Section 206C of the Income Tax Act 1961.

Who is required to submit Form 27EQ?

The following entities are required to submit Form 27EQ

  • Corporate deductors and collectors
  • Government deductors and collectors

Contents of Form 27EQ

Section 1:

This section requires the deductor to fill in the following information:

  • TAN Details
  • PAN Details
  • The financial year
  • The year of assessment
  • Whether a statement has already been filed previously for the quarter in question
  • If such a statement has been filed then the provisional receipt number of the original statement will have to be provided

Section 2:

Under this section the following details and information of the collector will have to be filled in:

  • The name of the collector
  • The collector’s branch or division, if applicable
  • The collector’s personal and residential details such as:
  • Full address
  • Telephone number
  • E-Mail address

Section 3:

This section will contain the following details and information of the person in charge of tax collection

  • The individual’s name
  • The individual’s full address

Section 4:

This section is to be filled with the following information regarding the tax collected at source and subsequently paid to the credit of the Central Government:

  • The collection code
  • The amount of Tax Collected at Source (TCS)
  • The surcharge amount
  • The amount of Education Cess
  • The amount of interest charged
  • Any other amount
  • The total tax deposit, which is the sum of the above mentioned amounts
  • The cheque number or Demand Draft number if applicable
  • The BSR code
  • The date on which the tax amount was deposited
  • The transfer voucher number or the challan serial number
  • If the Tax Collected at Source was deposited via book entry

Click here for latest RPU utility 

Click here to download challan file

Exercise Files
Form 27EQ Format.xlsx
Size: 18.12 KB
0% Complete