: Add details for vendors or individuals from whom tax will be deducted (e.g., name, PAN, and address).
is one of India's most popular and trusted software solutions for managing Tax Deducted at Source (TDS) and Tax Collected at Source (TCS). Whether you are a Chartered Accountant, tax practitioner, or a business owner managing your own compliance, setting up a new company (deductor/file) accurately is the foundation of error-free e-filing.
After TDS is enabled, the first major master entry is for the deductor, which is your company. The system may guide you to this master after enabling the TDS module. Proper deductor master entry makes the TDS dashboard visible and ready for use.
Enter the (this must be an individual’s PAN).
The software will validate the structure of your TAN and PAN. Once accepted, your new company profile is active. Best Practices After Creating Your Company how to create new company in saral tds
Fill in the fields highlighted in grey , which are mandatory. This includes: Company Name and TAN. Address and Contact Information.
This will copy over all master details (Deductor, Deductee, etc.) so you don't have to re-enter them. import deductee data from an Excel sheet once the company is set up?
Comprehensive Guide: How to Create a New Company in Saral TDS
Once the file is created, you must input the legal and statutory details of the company. : Add details for vendors or individuals from
: Enter mandatory details including the TAN (Tax Deduction and Collection Account Number) and the relevant Financial Year .
: Enables automatic salary tax computation specifically for Form 24Q. . The file will be saved in your default data directory. Step 2: Enter Company (Deductor) Details
Saral TDS (Applicable for v5 and above) Purpose: To set up a new deductor/company profile for TDS return preparation, challan entry, and PAN verification.
Before opening the software, gather the following organizational details to ensure a seamless creation process: After TDS is enabled, the first major master
If you are processing salaried employees, you will use this section to enter PANs, employment durations, and salary structures for Form 24Q. Why Use Saral TDS?
: Launch the software and click the "+" (plus) icon located at the bottom right of the main dashboard.
The official name of the company as registered with the government.