TDS Challan and Quarterly Statement Reconciliation
Match deductions, deposits, CIN or BIN and deductee rows before FVU validation.
Match deductions, deposits, CIN or BIN and deductee rows before FVU validation. Use the sections below to understand the practical decisions, records and compliance points before taking action.
Build a deduction register
List each deductee, PAN, payment, section, deduction date, tax, deposit date and challan allocation from books and payroll.
Validate challan identity
Check TAN, assessment or tax year, payment code, BSR, deposit date, serial number and amount against the official challan status or CSI data.
Allocate challan balance carefully
Deductee rows should not consume more than available challan balance. Track partial allocations and prior use.
Tie deducted and deposited amounts
Short deposit, late deposit, rounding and interest should be separated and resolved before quarterly statement approval.
Run current validation utility
Prepare the prescribed file and clear structural, PAN, challan and amount errors through the applicable utility and current schema.
Retain token and filing evidence
Preserve input data, validated file, upload acknowledgment, provisional receipt or token and reconciliation sign-off.
Official References
Rules and portal requirements can change. Review the current official material relevant to the proposed company.
This article provides general information and is not a substitute for legal, tax or investment advice. Applicability should be reviewed for the proposed entity and current law.