CPC(TDS)  provides us with the new feature of downloading Form 27D, the Tax Collection Certificate for Deductees forming part of TCS Statements, filed in the form of 27EQ.

Please refer to the following relevant details for the above functionality

  • Form 27D is Tax Collection Certificate in respect of deductees, reported in Form 27EQ Statements.
  • Please refer to the provisions of Section 206C(5) of the Income Tax Act, 1962 :
  • Every person collecting tax in accordance with the provisions of this section shall within [such period as may be prescribed from the time of debit] or receipt of the amount furnish to the buyer [or licensee or lessee] to whose account such amount is debited or from whom such payment is received, a certificate to the effect that tax has been collected, and specifying the sum so collected, the rate at which the tax has been collected and such other particulars as may be prescribed.
  • Please note the following provisions of Rule 37D of Income Tax Rules, 1962:
    • The certificate of collection of tax at source under sub-section (5) of section 206C to be furnished by the collector shall be in Form 27D.
    • The certificate referred to in sub-rule (1) shall specify:-
      • valid permanent account number (PAN) of the collectee;
      • valid tax deduction and collection account number (TAN) of the collector;
      • (1) book identification number or numbers where deposit of tax collected is without production of challan in case of an office of the Government;
      • (2) challan identification number or numbers in case of payment through bank;
      • receipt number of the relevant quarterly statement of tax collected at source which is furnished in accordance with the provisions of rule 31AA.
    • The certificate in the Form No. 27D referred to in sub-rule (1) shall be furnished to the collectee within fifteen days from the due date for furnishing the statement of tax collected at source specified under sub-rule (2) of rule 31AA.

Brief Steps for Downloading “Form 27D”:

Step 1: Login to TRACES website by entering the “User ID, Password ,TAN of the Deductor and the Verification Code”.

Step 2: Landing page will be displayed. Please check statement status under “Statement /Payment Tab ” before raising the request for Form 27D . Request for Downloading Form 27D can only be Submitted when Statement Status is either Statement Processed with Default or Statement Processed with out Default.

Step 3: Click on “Form 27D” available under “Downloads”

Step 4: Tax Collector can request for “Form 27D” through “Search PAN download” or “Bulk PAN” downloads option.

Step 5: Authorized Persons details to be printed on Form 27D will appear on the screen , click on “Submit” to proceed further.

Step 6: Financial Year, Form type and Quarter for which KYC required will be auto populated. Enter Token Number of the Regular (Original) Statement only, corresponding to the Financial Year, Quarter and Form Type displayed . Enter CIN/ Valid PAN details pertaining to the Financial Year, Quarter and Form Type displayed on the screen on the basis of latest correction statement filed by you. Please DO NOT copy /paste the data.

After providing correct KYC details, an authentication code will be generated, which is valid for same calendar day for same Financial Year, Form Type and Quarter.

Step 7: On successful submission of the request, a unique “Request number” will be generated, which can be used to Track the status of the request. Form 27D can only be downloaded if the status is “Available”, user needs to wait for 24- 48 hrs in case request is in “Submitted” status .

Step 8: Form 27D will be taxguru.in available in “Requested Download” tab, Tax Collector can check the status of Form 27D by using below mentioned options :

  • Request Number
  • Date
  • View All

Step 9: Tax Collector can download Form 27D using “HTTP download” or “Download Manager option”.

HTTP Download is useful to download small files. It will directly download file for the user

Download Manager is useful to download large files and where internet bandwidth is slow.

Status for the Request submitted for Form 27D can be :

a) Submitted: Successful submission, Request in processing

b) Available: Form 27D available for Downloading

c) Disabled: Duplicate request submitted for downloading

d) Failed: User are advised to contact CPC(TDS)

e) Not Available: All PAN no. mentioned in the statement are Invalid .

Step 10: In order to convert Form 27D into PDF, Tax Collector should download “Form 27D PDF Converter Utility 1.0”

Republished with Amendments

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One Comment

  1. NEHUSH PATEL says:

    TCS NOT CHARGED IN BILL AND TAKE CERTIFICATE FORM RESPECTIVE PARTY ALONG WITH FROM OF CERTIFICATE IN FORM 27C + DECLEARTION WITH AUTHENTICATION REGARDS OF TRANSACTION

  2. TVS says:

    Dr.Arun Draviam is absolutely CORRECT.
    We are not only TAX PAYERS but the so-called “PUBLIC-SERVANTS” AND BABUS of IT Dept.’s WHIPLASHED,UNPAID SERVANTS TOO! That is the TRAGEDY of this TEDIOUS affair called TDS DEDUCTIONS,PAYMENTS,RETURNS,Issue of FORM 16As,16’s,etc.

  3. B.S.K.RAO says:

    Dr. Arun Draviam Sir,

    I AM CONFIDENT THAT MODI GOVT. WILL DEFINITELY DO SOME THING & WILL MAKE INDIAN TAX LAWS ASSESSEE FRIENDLY SIR. PROVIDED, VESTED INTEREST SHOULD NOT INFLUENCE THE MODI GOVT.

    1. Dr. Arun Draviam says:

      I have filed 49 tax retuns in my life. After computerisation, I find filing of tax returns has become tedious. Reconciling and claiming refunds have become more complex. The vested interest if any is seen only in the nexus between the chartered accountants fraternity and the income tax officialdom.

  4. Dr. Arun Draviam says:

    I am a qualified company secretary besides being a LLB, MBA and Phd.
    I can certainly fill the various forms and help tally the tax deducted at source. BUT AS A CITIZEN I ASK: IS IT MY DUTY TO GET THE TDS TALLIED FOR THE BABUS WHO GET PAID OUT OF THE TAXES PAID BY CITIZEN LIKE ME, AS WELL AS THOSE WHO WORK AND EARN, NOT NECESSARILY WITH SEVERAL DEGREES, AND PAY TAXES?

    MODI GOVERNMENT SHOULD DO SOMETHING TO MAKE THE TAX LAW ASSESSEE FRIENDLY

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