TDS RPU File Option out Option

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A manufacturing company is seeking guidance on how to record whether a collectee is opting out of the Section 115BAC(1A) taxation regime when filing their TDS return (27EQ) via the TDS RPU utility. The utility requires this information, but it's unclear how to obtain it from collectees during the financial year. The suggested solution involves collecting this data from deductees via email.

Sanchit

Sanchit (Querist)
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20 September 2023 Dear Sir,
We are a manufacturing company, we Deduct TCS on Sale of goods u/s 206C(1h). Now, at the time of filling of return of 27EQ for QTR-1 through TDS RPU utility, 1 Option is mandatory to fill Which is "Whether Collectee opting out of taxation regime u/s 115BAC (1A)", My query is how collectee will provide this information during the Financial Year.
Kindly Assist me in this query.

Sanchit

Sanchit (Querist)
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22 September 2023 Kindly assist me in the query.

Aashok Kumar Sharma online

Aashok Kumar Sharma

(Expert)
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21 January 2024 Seems like the only way is to take this data from the deductees over an email for records.

https://taxguru.in/income-tax/new-rpu-version-4-7-updates-in-e-tds-tcs-returns-for-fy-2023-24.html#google_vignette

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