TDS/TCS statements are furnished on quarterly basis, Now, quarterly statements pertaining to Financial Year 2007-08 onwards are accepted as per the guidelines of Income Tax Department.
ITD has notified revised file formats for preparation of TDS (i.e. Tax Deducted at source) and TCS (i.e. Tax collected at source) statements . Deductors/collectors are required to prepare e-TDS/TCS statements as per these file formats using, NSDL e-Gov. Return Preparation Utility or in-house software or any other third party software and submit the same to any of the TIN-FCs established by NSDL e-Gov.
NSDL e-Gov has developed software called e-TDS/TCS Return Preparation Utility (RPU) to facilitate preparation of e-TDS/ TCS returns. This is a freely downloadable VB based utility. Separate utilities are available for preparation of each type of statement.-->