Remember: Even after creating your company, always cross-verify TDS rates and section applicability with a tax professional. Disclaimer: The steps are based on Saral TDS version 6.x and 7.x. Interface may vary slightly in older or newer versions. Always update to the latest version for accurate compliance with Income Tax Rules.
| Field | Correct Entry | |-------|----------------| | | Enter 10-digit TAN without spaces (e.g., ABCD12345E). It will auto-convert to uppercase. | | Company Name | Enter as per PAN/TAN records. Avoid abbreviations unless official. | | PAN | Enter 10-digit PAN (e.g., AAACA1234C). | | Status | Select from the dropdown: Individual, HUF, Company, Firm, etc. | | Type of Deductor | Choose: Central Govt, State Govt, Company, or Non-Company (most businesses). | how to create new company in saral tds
Managing Tax Deducted at Source (TDS) efficiently is critical for any business operating in India. Saral TDS, developed by IRIS Business Services, is one of the most popular software solutions for TDS return preparation, e-TDS/e-TCS return filing, and form 16/16A generation. Whether you are a new startup or an established enterprise, the first step to using Saral TDS is creating a company profile within the software. Always update to the latest version for accurate