Form 27C Submission
This query is : Resolved
26 April 2022
How to submit Form-27C?. Is possibility to file Form 27C in Online, kindly tell step by step procedure to file form 27C.
07 July 2024
Form 27C is required to be furnished by the buyer of certain goods where TDS (Tax Deducted at Source) is not applicable under Section 206C of the Income Tax Act, 1961. Here's a step-by-step procedure to file Form 27C:
### Step-by-Step Procedure to File Form 27C:
**Access the NSDL e-Gov TIN Website:**
- Visit the NSDL e-Gov TIN website dedicated to TDS and TCS services: [https://www.tin-nsdl.com](https://www.tin-nsdl.com).
**Login to the Portal:**
- Use your existing login credentials. If you do not have an account, you may need to register first.
**Select Form 27C:**
- Once logged in, navigate to the section where you can select the type of form you want to submit. Choose "Form 27C" from the list of available forms.
**Fill in Details:**
- Provide all the necessary details in Form 27C. These typically include:
- Buyer's details (Name, PAN, Address, etc.).
- Seller's details (Name, PAN, Address, etc.).
- Details of goods for which Form 27C is being furnished.
- Reason for non-deduction of TDS under Section 206C.
- Relevant financial transaction details.
**Upload Supporting Documents:**
- Depending on the requirements, you may need to upload supporting documents such as agreements, invoices, etc.
**Verify Details:**
- Double-check all the details filled in Form 27C to ensure accuracy and completeness.
**Submit Form 27C:**
- After verifying, submit the form electronically on the NSDL portal.
**Acknowledgment:**
- Once submitted successfully, you will receive an acknowledgment or receipt confirming the submission of Form 27C.
**Print and Retain Acknowledgment:**
- Print and keep a copy of the acknowledgment for your records. It may be needed for future references or audits.
### Notes:
- Form 27C is typically submitted by the buyer of goods where TDS is not applicable, and it serves as an intimation to the Income Tax Department that TDS provisions are not applicable for the specified transaction.
- Ensure compliance with all the guidelines and requirements specified by the Income Tax Department while filling and submitting Form 27C.
For any specific queries or detailed guidance, you may also refer to the official instructions and guidelines provided on the NSDL e-Gov TIN website or consult with a tax professional.
### Step-by-Step Procedure to File Form 27C:
**Access the NSDL e-Gov TIN Website:**
- Visit the NSDL e-Gov TIN website dedicated to TDS and TCS services: [https://www.tin-nsdl.com](https://www.tin-nsdl.com).
**Login to the Portal:**
- Use your existing login credentials. If you do not have an account, you may need to register first.
**Select Form 27C:**
- Once logged in, navigate to the section where you can select the type of form you want to submit. Choose "Form 27C" from the list of available forms.
**Fill in Details:**
- Provide all the necessary details in Form 27C. These typically include:
- Buyer's details (Name, PAN, Address, etc.).
- Seller's details (Name, PAN, Address, etc.).
- Details of goods for which Form 27C is being furnished.
- Reason for non-deduction of TDS under Section 206C.
- Relevant financial transaction details.
**Upload Supporting Documents:**
- Depending on the requirements, you may need to upload supporting documents such as agreements, invoices, etc.
**Verify Details:**
- Double-check all the details filled in Form 27C to ensure accuracy and completeness.
**Submit Form 27C:**
- After verifying, submit the form electronically on the NSDL portal.
**Acknowledgment:**
- Once submitted successfully, you will receive an acknowledgment or receipt confirming the submission of Form 27C.
**Print and Retain Acknowledgment:**
- Print and keep a copy of the acknowledgment for your records. It may be needed for future references or audits.
### Notes:
- Form 27C is typically submitted by the buyer of goods where TDS is not applicable, and it serves as an intimation to the Income Tax Department that TDS provisions are not applicable for the specified transaction.
- Ensure compliance with all the guidelines and requirements specified by the Income Tax Department while filling and submitting Form 27C.
For any specific queries or detailed guidance, you may also refer to the official instructions and guidelines provided on the NSDL e-Gov TIN website or consult with a tax professional.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- CAPITAL GAIN REDEVELOPED FLAT
- Gst on travel by air for business purposes
- CLOSING STOCK QUERY
- Requirement under FEMA &RBI
- Short Term Gain Reporting ITR
- Applicability of Books of Account for Commission Income (Sections 194D & 194H)
- TDS on rent received on hardship compensation being rent on redevelopment of building
- Missed TDS
- Loss of interest in PF transfer from EPFO to Trust
- Technical Glitch in ITR-4 Online Form (AY 2026-27): Sec 44AE Partner Remuneration not mapping to E8
- REGARDING ITR FILING QUESTION
- Concept of Vendor and customner reconciliation
- Mistake in e-invoice identified after 24 hours
- EXPORT PAYMENT
- NRI ITR2 account in 2025-26.
- Query regarding reporting of exempt foreign remuneration in ITR (AY 2026-27)
- FEMA/RBI treatment — Amazon.ca arbitrage (US buy, Canada sell, goods never enter India)
- Goods return by customer
- INWARD REMITTANCE FOREIGN
- CPC and SAC
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
