TDS Return Verifying time limit

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This discussion clarifies that there isn't a specific verification time limit for TDS returns in the same way there is for IT returns. Once the FVU file (which is the TDS return itself) is submitted to TIN-NSDL by the due date, it is processed by NSDL. Form 16A is then generated from the TRACES portal. The key is adhering to the submission deadlines for the FVU file.

Suresh Tambe

Suresh Tambe (Querist)

16 July 2021 Tds return after submit and its FVU file and form27 whats time limit for submit to the tds center for verifying

CMA Poornima Madhava

CMA Poornima Madhava (Expert)

16 July 2021 Due date for q4 of fy20-21 was 15th July 2021, for q1 of fy21-22 is 31st July 2021.

Suresh Tambe

Suresh Tambe (Querist)

16 July 2021 verify time limit, like itr verifying time limit is 120 days. So tds return verify time limit?

CMA Poornima Madhava

CMA Poornima Madhava (Expert)

16 July 2021 No such verification of TDS return is necessary. FVU file has to be filed with TIN-NSDL (or online) and the statement would be processed within a week or two. Thereafter you are required to generate form 16A from Traces portal.

Suresh Tambe

Suresh Tambe (Querist)

16 July 2021 FVU file has to be filed with TIN-NSDL- for this any time limit after submit tds return

CMA Poornima Madhava

CMA Poornima Madhava (Expert)

16 July 2021 FVU file itself is the TDS return. Due date for submission of same can be found from my initial reply.

Suresh Tambe

Suresh Tambe (Querist)

16 July 2021 Thank You Mam for answering.

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