TDS Practical Training Course- English

Name: TDS Practical Training Course- English
Rating: 4.2 (27 reviews)

Learn hands on experience in TDS Return Filing on real data and excel based assignments in English

Created byVibhuti Narang

Last updated 3/2024

English

English [Auto],

What you'll learn

TDS Basics
TDS Sections & Rates
TDS Challan Filing - Online & Offline
TDS Return Filing - Online
TDS Certificate
TDS Challan cum Returns
TDS Interest & Late Fees
TDS Receivable
Tax Deduction Account Number
Tax Collected at Source
Lower Deduction of Deduction
Higher Deduction of TDS

Course content

12 sections • 57 lectures • 7h 24m total length

Introduction20:00
Learn the basics of tax deducted at source (tds), its distinction from indirect taxes in direct tax, and who deducts, who pays, and when to deduct and deposit tds.
TDS Entries in the books of Deductor-Video11:32
Learn how to record TDS entries in the books of the deductor, including cases with or without TDS, with GST, and scenarios of bill-first, payment-first, and advances.
TDS Introduction-Content0:01
Assignment 1- TDS Basics0:01
Assignment 1- TDS Basics Solution Video32:19
Explore practical tds basics with bill analysis, identify the deductor and deductee, compute due dates and deposits, and practice gst and challan entries for real-world compliance.

TDS Sections & Rates- Part 148:09
Explore key non-salary TDS provisions for fiscal year 2021–22, detailing sections 192, 192A, 193, 194A–194N, and related thresholds and rates.
TDS Section & Rates- Part 228:13
Learn about budget 2022 sections 194R and 194S: applicability, rates, thresholds, and practical issues for perquisites, capital assets, reimbursements, and virtual digital assets.
TDS Section & Rates- Content
Assignment 2- TDS Sections & Rates0:01
Assignment 2- TDS Sections & Rates -Solution Video10:28
Explains TDS sections and rates with practical examples, including rents under section 194 i, brokerage under section 194 h, and professional fees under section 194 j, highlighting limits.
Assignment 2A- TDS Section 194Q & 194R0:02
Assignment 2A- TDS Section 194Q & 194R -Solution Video12:38
Learn how sections 194 q and 194 r apply to goods procurement and business perquisites, detailing thresholds, PAN and turnover rules, and practical deduction examples.

What is TDS Return0:44
How to file TDS Return Online5:36
Learn to file the TDS return online on the new income tax portal, navigating login, form selection, financial year and quarter, upload of the zip, and e-verification options.
Assignment 3- TDS Computation 10:01
Assignment 3- TDS Computation 1 Solution Video-129:11
Master practical tedious computation for rent and professional services, apply TDS under sections 194I, 194J, and 194C, prepare April–June entries and deposits, with Excel-based practice.
Assignment 3- TDS Computation 1- Solution Video -239:49
master practical tds computation and quarterly tedious return filing using 26q and 27q forms, with step-by-step rpu setup, challan reconciliation, and pan not available rules.
Assignment 4- TDS Computation 20:01
Assignment 4-TDS Computation 2- Solution Video 119:41
Master tds computation for April to June using an opening balance sheet and pan list, and compute deductions under sections 194j, 194c, 192, 194h, and royalty rules.
Assignment 4-TDS Computation 2- Solution Video 223:50
Master TDS computation offline and online, ensure zero difference between deductions and liability, and prepare the CSI file for online or offline filing with DSC and bulk upload.

Challan Cum Returns- Video16:44
Master filing challan-cum-returns under sections 194IA, 194IB, 194M and 194S using forms 26QB, 26QC, 26QD, and 26QE on the new income tax portal, with auto-populated deductor data.
Form 26QB- TDS on Sale of Immovable Property0:25
Form 26QC- TDS on Rent of Property0:21
Form 26QD-TDS on Payment to Resident Contractors and Professionals0:21
Form 26QE- TDS on transfer of Virtual Digital Assets0:31

TDS Interest- Content
TDS Late Fees - Content
TDS Interest & Late Fees-Video14:02
Grasp tds interest and late fees for late deduction and deposit, with 1% and 1.5% per month and 7th of the next month due date. Penalties: section 234E and 272A.
Assignment - TDS Interest & Late Fees0:02
Assignment - TDS Interest & Late Fees- Solution Video23:27
Master tds interest and late fees calculations under section 194C for maintenance, advertisement, brokerage, and audit fees. Learn due dates, bill or payment dates, and challan implications with practical examples.

TDS Receivable - Content0:04
TDS Receivable10:25
Explain TDS receivable entries in the deductor’s books, including bill first and advance scenarios with examples. Present year-end adjustments for companies and individuals, such as income tax due and refunds.
Assignment - TDS Receivable0:01
Assignment - TDS Receivable - Solution Video28:36
Engage in the seventh assignment on tds receivable, case-based entries, gst on advance, and year-end tax provisions for a private limited company.

Requirements

Basic Accounting knowledge

Description

About Course

The objective of this course is to equip you with advanced level skills pertaining of TDS (Tax Deducted at Source) provisions contained in the Income Tax Act of 1961. We provide both theoretical knowledge and practical training in the TDS arena ensuring a strong foundation in the subject.

Tax Deducted at Source is part and parcel of every business who becomes liable to deduct it. This course imparts practical insights over the same in detail.

Intent of the course is to provide any individual keen in learning TDS concept in detail and also have hands on experience over the same.

Objective

Enable candidates to acquire sound technical skills in TDS application.
Attain practical knowledge in TDS Challan, TDS Return filing, Challan cum Returns, TDS Certificates, and TDS Corrections.
Provide hands-on experience with system-related TDS applications.
Awareness in regards to the latest amendments and inclusions as per updated finance bills.
Get updated assignments and videos on latest issues observed in TDS.

Advice for students

Students must view the content video before attempting any of assignment.

Students must first try the practical excel based assignments and then view the solution video in order to get complete experience over the same.

Who this course is for:

Everyone

TDS Practical Training Course- English

What you'll learn

Explore related topics

Course content

TDS Introduction-Video5 lectures • 1hr 4min

TDS Sections & Rates7 lectures • 1hr 40min

TDS Challan2 lectures • 9min

TDS Return8 lectures • 1hr 59min

TDS Certificate1 lecture0

TDS Challan cum Returns5 lectures • 18min

TDS Interest & Late Fees5 lectures • 38min

TDS Receivable4 lectures • 39min

Tax Deduction Account Number4 lectures0

Lower Deduction of TDS3 lectures • 1min

Requirements

Description

Who this course is for: