Form 27A: What is it, How to File And Download Form 27A of Income Tax

If you are an employee of a company, you must be aware of the term "Form 27A". It is a form where an employer needs to provide information regarding the deducted TDS for a specific financial and assessment year. If you are wondering how to file and download Form 27A, then you have landed on the right page. This article will discuss the necessary topic related to Form 27A. So let's get started.

All About Form 27A

In simple words, Form 27A is a summary of e-TDS or TCS return, which contains the statement of deduction or collection of tax at source. This form contains particulars regarding the total amount paid, Income tax Deducted at Source and Tax Deposited. The deductor must sign it and fill it out carefully, along with a return at the nearest TIN facilitation centre. 

This form is also readily available on the Income Tax Department website, and you can download it from this website without any hassle.

How To Fill Form 27A Income Tax?

While filing Form 27A, it is essential for the deductor to consider some tips. Take a look below:

• While filing this form, refrain from overwriting or making any strikes.
• If you find any striking or overwriting in the form, generate it from File Validation Utility (FVU) and make the necessary changes.
• While submitting this form, always check the name and TAN of the deductor. Also, make sure that the control totals of the amount paid and income tax deducted at source mentioned in Form 27A should match with the corresponding totals in the e-TDS or TCS return file.
• You should complete all the fields and the responsible authority must duly sign the form.

How To Download Form 27A From TRACES?

Technically, it is not possible to download Form 27A from the TDS TRACES website. This form gets automatically generated in PDF format from the deductor’s TRACES profile after the FVU (File Validation Utility) file of the TDS/TCS return gets created. 

After the details of the form are filled in by the concerned authorities, it is supposed to be signed by the collector/deductor. Then, the form has to be submitted physically at the nearest TIN Facilitation Centre. 

How To Download Form 27A From NSDL?

Downloading Form 27A from NSDL is a hassle-free process. Here is a complete step-by-step guide:

1. Navigate to the official website of NSDL (https://www.tin-nsdl.com/)
2. In the “Downloads” tab, click on the e-TDS or e-TCS.
3. Now click on click on “Quarterly Returns” and choose “Regular”
4. A new webpage will appear on the screen from where you need to select the desired TDS return (Form 27A) under the “Form” section.
5. Lastly, download this form in PDF format. 

How To File Form 27A TDS Return?

If you are wondering how to file Form 27A TDS return online, here is a step-by-step guide. This procedure does not involve any complicated procedure. All you need to do is follow the instruction below:

1. Fill up all required fields of Form 27A accurately, including the tax deducted at source and the total amount paid. If you are filing the hard copy version of this form, you must verify all details with the e-TDS return that has been filed electronically. 
2. In the form, mention the TAN of the organisation accurately. Incorrect TAN information makes this verification process quite difficult.
3. On the TDS return, mention the challan number, mode of payment and other tax-related details. If you fail to input the correct information, you must go through the hassle of filing the TDS return again.
4. Then, submit the physical TDS return at your nearest TIN facilitation centre. These centres are managed by NSDL. If you have filed the TDS return online, it is necessary to submit it on the official portal of NSDL TIN. 
5. Also, it is important to note that for the scenario mentioned above, the deductor or collector must use a digital signature.
6. If the submission is correct and successful, you will receive a provisional receipt or token number. This number acts as a confirmation about the filing of a TDS return.
7. However, if the TDS return is rejected, you will receive a non-acceptance memo, and a proper reason will also be provided.

Due Date to File TDS and TCS Return

According to Section 200 of the Income Tax Act 1961, it is imperative for the tax deductor to deposit the TDS to the government within a stipulated period. This table below illustrates the due date for filing the TDS return for FY 2024-25:

The due date for filing TCS return for the financial year 2024-25 are as follows:

If there are any sort of delays in filing your TDS or TCS return, penalties will be applicable. 

Final Word

With this article, it is evident that the process of downloading Form 27A from NSDL involves no complicated procedure. By following the instructions appropriately and filling up the form carefully, the tax deductor will not have to go through the hassle of filing the TDS all over again.