How To Create New Company In Saral Tds — __top__

Creating a new company in Saral TDS is the foundational step for managing your Tax Deducted at Source (TDS) compliance, from data entry to return filing. This guide provides a detailed walkthrough of the process, whether you are using the desktop version or the Saral Pro cloud platform. Method 1: Creating a New File in Saral TDS (Desktop Version) The desktop version of Saral TDS uses "Files" to manage individual company data for specific financial years. 1. Initiate File Creation Open the software and navigate to File > New File . A window will appear prompting you for initial database settings. 2. Select Server and Data Directory Server Name: Select the appropriate database server (typically your system name followed by \RELYONDB ). Data Directory: If you wish to save your data in a specific folder for security or backup, go to File > Data Directory to set your preferred path before clicking create. 3. Enter Company and Financial Details Once the file is created, the software will prompt you for company-specific information: Company Name: The official name as registered with the Income Tax Department. Financial Year: Select the relevant year for which you are filing returns. Deductor Type: Specify if the company is a Corporate, Branch of a Corporate, Government, or other category. 4. Complete the Deductor Master Under Master > Deductor Master , fill in the mandatory "grey fields," which include: TAN (Tax Deduction and Collection Account Number): Crucial for all filings. Responsible Person: Provide the name and designation of the person authorized for company processes. Address and Contact Info: Including phone number, email ID, and website. Method 2: Creating a New Company in Saral Pro (Cloud Platform) For users of the Saral Pro web-based application, the process is streamlined via a dashboard-centric interface. Company creation and Master settings in Saral PayPack

Step-by-Step Guide to Create a New Company in Saral TDS Before you start deducting or filing TDS, you must first create a company profile in the software. Follow these steps: 1. Open Saral TDS & Access the Master Menu

Launch the Saral TDS application on your computer. On the Home Dashboard , look for the Masters section (usually on the left sidebar or top menu). Click on Company Master or Manage Company .

2. Add a New Company

In the Company Master window, you will see an option like Add New , Create Company , or a ‘+’ (Plus) icon . Click it. A pop-up form titled “Company Creation” or “Add Company Details” will appear.

3. Enter Basic Company Information Fill in the mandatory fields accurately:

Company Name: As per PAN card (Legal name of the deductor). TAN (Tax Deduction Account Number): Mandatory. Enter the 10-digit alphanumeric TAN (e.g., DELR12345F). Without TAN, you cannot file TDS returns. PAN (Permanent Account Number): Enter the company’s PAN (usually 10 digits). Type of Deductor: Select from the dropdown (e.g., Company, Government, HUF, Individual, Trust, etc.). Assessment Year (AY): Select the relevant year (e.g., 2024-25 for FY 2023-24). how to create new company in saral tds

4. Enter Address & Contact Details

Registered Address: Line 1, Line 2, City, State, PIN Code. Email ID & Phone Number: For correspondence and e-return filing.

5. Set TDS Defaults (Important)

Responsible Person Name: Name of the person authorized to sign TDS returns. Designation: e.g., Manager, Director, Accountant. TDS Circle/Ward: If known, enter the jurisdictional TDS office (e.g., TDS Ward 1(1), Delhi). You can leave blank and update later.

6. Configure Return Filing Parameters