Electronic TDS Return [or eTDS return] is the process of converting the TDS information’s for various payments into an electronic form and file the e-TDS Return/statement in the specified format prescribed by the NSDL.
The filing of eTDS returns has been made compulsory for all corporate Deductors, Governement Deductors, Deductor liable for audit under 44AB in the previous year and any deductor who has got deduction records greater than 50.
To ease the process of converting the form data to electronic format prescribed [FVU format], Saral TDS software [The eTDS software] helps the deductor. It takes the simple entry of data related to deductor, deductee, deduction and challans, and then allows the user to link the challans to appropriate deduction. Once this has been done and verified, user can simply generate the FVU file and submit it to nearest TIN FC [or upload the return].