How To Create New Company In Saral Tds -

This information appears on Form 16A and other certificates.

Click Next.

To create a new company: Masters > Company > Fill PAN/TAN/Name > Select Status & FY > Save.

To create a new company in , you must first create a new data file

. This file acts as the database for all your company-specific records, including deductor and deductee information. Step-by-Step Company Creation Open New File Window : In the main interface, navigate to the menu and select the Configure File Details

: Enter a name that helps you identify the company (e.g., "Company_Name_FY2024-25"). Server Name

: Select your database server from the dropdown (typically your SYSTEM NAME\RELYONDB ). If it's missing, click Authentication : If you need extra security, tick SQL Authentication . The default username is and the password is reladmin@123 Set Data Path : Click the Data File Setting

tab and use the three-dotted button (...) to choose where the database files (.mdf and .ldf) will be stored. Finalise Creation : Click the

button. The software will generate the file and then open the Company General Information Enter Company Information

: Fill in the mandatory details (highlighted in red), including: Company Name and Address. Responsible Person Details. and Company Type (essential for TDS filing). : Once all details are entered, click . You can now view this company under the Open Company option in the File menu. Alternative: Create from Existing (For New Financial Year)

If you already have a company and want to carry forward master data to a new year: Create New from Existing

Select the previous year's file and specify a name for the new file.

This will copy over all master details (Deductor, Deductee, etc.) so you don't have to re-enter them. import deductee data from an Excel sheet once the company is set up?

Create a new file from an existing file (for new FY) in Saral TDS 11-Feb-2022 —

To create a new company (often referred to as a "file") in , you typically follow a process of creating a new data file and then entering the master deductor details. Steps to Create a New Company/File Open New File Window : Go to the menu and select the Configure Database Settings

: Enter a name for your identification (e.g., Company Name_FY23-24). Server Name

: Select the required server name from the dropdown (usually your SYSTEM NAME\RELYONDB : If you need to store data in a specific folder, go to Data File Setting to browse and select a path. Create the File to initialize the new data file. Enter Master Details : Once the file is created, the Company General Information

window will appear. You must enter the mandatory details (indicated in in the software): Company Name and Address Responsible Person Details (e.g., Name, PAN). TAN and Company Type Save Information : After entering the details, click Alternative: Creating for a New Financial Year

If you have already used the software for previous years, you can use the Create New from Existing option under the

Creating a new company in (often referred to as creating a "New File") is the first step toward managing your TDS returns

. The process differs slightly depending on whether you are using the desktop version or the cloud-based version. Method 1: Desktop Version (Saral TDS)

The standard desktop software uses a "File" system where each company is managed within its own data file. Open the Software : Launch Saral TDS on your desktop. Create New File menu and select the Enter File Details Financial Year

: Select the relevant FY for which you are creating the file.

: Enter a name that clearly identifies the company (e.g., "ABC_Pvt_Ltd_2024-25"). Choose Return Type eTDS Purpose Only

: Choose this if you only need to file returns for all quarters and forms. With Tax Computation

: Choose this if you want the software to automatically compute salary tax for Save and Initialize . The software will save the file in your default Data Directory Method 2: Cloud Version (Saral Pro)

For users on the cloud platform, companies are added as "Entities" or "Files" within your account dashboard. : Sign in to your Saral Pro Account Add New File : Click the usually located at the bottom right of your dashboard. Entity Information Company Name , address, and contact details. Toggle the Enable TDS Module switch to "On". to add the entity to your list. Post-Creation Checklist

Once the file is created, you must complete the "Master Settings" to ensure your returns are valid: Deductor Master : Enter mandatory details (marked in gray) including the , PAN, and the name of the "Responsible Person". Deductee/Employee Master

: Add details for the individuals or vendors you are paying. PAN Verification : Use the built-in TRACES integration

to verify the PANs of all added deductees to avoid high-rate deduction defaults. New file Creation in Saral TDS software

Pro Tip: Do not click on “Open Company” – that is for existing companies only.

Creating a new company in Saral TDS is a straightforward, wizard-driven process that should not take more than 5–7 minutes if you have all documents ready. The key is accuracy – a single typo in your company’s TAN or PAN will lead to failed validations or rejected TDS returns later. Once the company is created, complete the masters (rates, banks, deductees) immediately, and you will be ready to enter challans, compute liabilities, and generate TDS returns as per the statutory deadlines.

Remember: Saral TDS is a tool for compliance, not a substitute for understanding TDS rules. 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.

To create a new company in Saral TDS, you typically need to create a New File for the specific financial year. In Saral TDS, a "file" essentially represents the company's data for that period. Steps to Create a New Company File Open Saral TDS: Launch the software on your desktop.

Access the New File Menu: Go to the File menu at the top and select the New option. Enter File Details:

Financial Year: Select the appropriate year for which you are starting the TDS process.

File Name: Enter a name that helps you identify the company (e.g., "Company_Name_FY2024-25"). Select Processing Type:

eTDS Purpose Only: Choose this if you only need the file for filing e-TDS returns for all quarters and forms.

With Tax Computation: Choose this if you also need automatic salary tax computation for Form 24Q.

Finalize Creation: Click the Create button. The software will then save the file in your designated data directory. Initial Setup (Master Details)

Once the file is created, you must populate the "Master" sections before you can file returns:

Deductor Master: Enter the primary details of your company, such as its name, address, and TAN.

Deductee Master: Add details for vendors or individuals from whom tax will be deducted (e.g., name, PAN, and address).

Employee Master: If you are handling salary TDS (Form 24Q), enter employee details including their PAN information. Helpful Tips New file Creation in Saral TDS software

Creating a New Company in Saral TDS: A Step-by-Step Guide

Saral TDS is a popular software used for managing Tax Deducted at Source (TDS) in India. If you're looking to create a new company in Saral TDS, here's a comprehensive review to help you through the process.

Prerequisites

Before creating a new company in Saral TDS, ensure you have:

Step-by-Step Process

Additional Settings

After creating the company, you may need to configure additional settings, such as:

Common Issues and Troubleshooting

Best Practices

By following these steps and best practices, you can successfully create a new company in Saral TDS and manage your TDS compliances efficiently.

Creating a new company in Saral TDS (often referred to as creating a "New File") involves setting up the primary database for a deductor for a specific financial year. Step-by-Step Procedure for Company Creation

To create a new company file in Saral TDS, follow these primary steps:

Open New File Window: Open the Saral TDS software and navigate to File → New. Enter Basic Details:

Financial Year: Enter the specific year for which the TDS returns will be filed. File Name: Provide a unique name for the company or entity.

Select Purpose/Module: Choose between the following options based on your needs:

eTDS Purpose Only: Enables the file for eTDS return filing across all quarters and forms.

With Tax Computation: Adds auto-salary tax computation for Form 24Q alongside standard return filing features.

Enable Modules: If using Saral Pro, you must specifically enable the TDS Module and enter mandatory details like the TAN.

Save and Create: Click Create to save the file in your designated data directory. Initial Master Settings

Once the file is created, you must populate the "Masters" to facilitate return filing:

Deductor Master: Enter the company’s official details, including name, address, and the "Responsible Person".

Deductee Master: Manually enter or import details for the parties from whom tax is being deducted.

Employee Master: (Required for Form 24Q) Add employee-specific data such as PAN, designation, and contact details. Advanced Options

Branch Creation: If the company has multiple branches under one TAN, enable the Branch option in the File Master and add branch-specific details.

Transferring Data: To carry over master details from a previous year, use File → Create New from Existing to save time on data entry.

To create a new company in Saral TDS, you typically create a "new file" which acts as the entity's database for a specific financial year. You can follow these steps to set up a new company profile:  Step-by-Step Company Creation 

Open New File Window: Launch the software and go to the File menu, then select the New option. Enter Basic Details:

Financial Year: Select the relevant FY for which you are starting the filing.

File Name: Enter a name that helps you identify the company (e.g., "Company_Name_FY24-25"). Select Purpose:

eTDS Purpose Only: Choose this if you only need to file quarterly returns for all forms.

With Tax Computation: Choose this if you want the software to automatically calculate salary tax for Form 24Q.

Finalize Creation: Click Create. The file will be saved in your default data directory.

Enter Deductor Master Details: Once the file is created, navigate to the Master menu to fill in the Deductor Master details, including the company's TAN, PAN, address, and the name of the responsible person.  Key Considerations 

Data Storage: You can change where these files are stored by going to File > Data Directory and selecting a new path.

Bulk Creation: If you are transitioning from a previous year, you can use the File > Create New from Existing option to carry over master details like employee and deductee lists automatically.

Module Activation: If you are using the cloud-based Saral Pro, you must specifically click the "+" icon on the dashboard and toggle "Enable TDS Module" when creating the new file. 

For more detailed walkthroughs, you can visit the official Saral TDS Tutorials provided by Relyon Softech.  How to file TDS return in Saral TDS software? - Saral Pro

Creating a new company in Saral TDS involves setting up a dedicated "file" that houses all your tax-related data for a specific financial year and entity. This process establishes the foundation for accurate e-TDS return filing and tax computations. 🚀 Quick Setup Guide

Launch & File Creation: Open the software and navigate to the File menu. Select New to open the file creation window.

Basic Details: Enter a unique File Name (for your identification) and select the relevant Financial Year. Choose Purpose: Select one of two modes:

eTDS Purpose Only: Best if you only need to file returns for all quarters and forms.

With Tax Computation: Enables automatic salary tax computation for Form 24Q alongside return filing.

Finalize: Click Create to save the file in your default data directory. 📝 Key Master Data Entry

After creating the file, you must populate the "Master" settings to ensure compliant reporting:

Deductor Master: Enter the entity's details, including Company Name, Address, TAN (mandatory for proper tax credits), and the Responsible Person's information.

Deductee Master: Record details for non-salaried vendors (NRIs, contractors, etc.), such as Name, Address, and PAN.

Employee Master: For Form 24Q, enter employee specifics like PAN, Designation, and Employment Dates (DOJ/DOL) to ensure accurate tax calculations. Company Creation and Master Settings in Saral PayPack

Creating a new company in Saral TDS involves setting up a specific data file for a financial year and configuring the master details for tax compliance. Step 1: Open the New File Window

Launch the Saral TDS software on your system. Navigate to the File menu and select the New option. Step 2: Enter Primary File Details

In the file creation window that appears, provide the following information:

File Name: Enter a name that helps you easily identify the specific entity or company.

Financial Year (FY): Select the relevant year for which you are filing the TDS returns. File Purpose: Choose between two modes:

eTDS Purpose Only: Enables the file for basic return filing across all forms and quarters.

With Tax Computation: Adds automated salary tax calculation features specifically for Form 24Q. Step 3: Save and Set Data Directory

Click Create to generate the file. By default, files are saved in the software's standard directory. If you prefer a different location, you can update this by going to File > Data Directory and browsing for your preferred folder. Step 4: Configure Master Settings

Once the file is created, you must populate the "Master" sections to enable return generation:

Deductor Master: Enter your organization's mandatory details, such as TAN, address, and the responsible person's information.

Deductee/Employee Master: Add details for vendors (non-salary) or employees, including valid PAN information, as returns cannot be generated for invalid or missing PANs without specific remarks. Tips for Returning Users

Bulk Creation: If you are migrating multiple companies to a new financial year, use the Bulk File Creation option under File > Create New from Existing to copy master details from the previous year automatically.

Cloud Users: If you are using the cloud-based Saral Pro, you can create a new file by clicking the plus (+) button on your dashboard and enabling the TDS Module.

Create a new file from an existing file (for new FY) in Saral TDS

To create a new company in Saral TDS, you typically start by how to create new company in saral tds

creating a new data file for the specific financial year and then entering the deductor (company) details Step 1: Create a New File

Before entering company details, you must initialize a new data file: Open the Software : Launch Saral TDS and navigate to the Select New : Click on the option to open the file creation window. Enter Basic Details Financial Year : Enter the applicable financial year (e.g., 2024-25). : Provide a unique name for identification. Choose Purpose : Select one of the following options based on your needs: eTDS Purpose Only

: Best for general return filing across all forms and quarters. With Tax Computation

: Enables automatic salary tax computation specifically for Form 24Q. . The file will be saved in your default data directory. Step 2: Enter Company (Deductor) Details

Once the file is created, the "Deductor Master" or "Company Information" window usually opens automatically: Company Name : Enter the legal name of the business. TAN and PAN

: Provide the Tax Deduction and Collection Account Number (TAN) and the company's Permanent Account Number (PAN). Contact Information : Fill in the company address, phone number, and email ID. Responsible Person

: Enter the name and details of the person responsible for the TDS process. to finalize the company creation. Step 3: Initial Master Settings (Optional but Recommended)

After setting up the company, you should configure your masters to streamline future data entry: Deductee Master : Add details for vendors and other non-salary payees. Employee Master

: If filing Form 24Q, enter employee details, including their PAN and employment duration. PAN Verification : It is highly recommended to use the built-in PAN Verification tool to avoid defaults during filing.

For a more detailed walkthrough, you can refer to the official Saral TDS New File Creation tutorial Saral Pro Step-by-Step Filing Guide import existing data

from a previous year to save time on setting up these masters? New file Creation in Saral TDS software

Creating a new company in Saral TDS is the foundational step for managing tax deductions and filing returns. The process is designed to be straightforward, allowing you to set up specific files for different financial years or entities. Step-by-Step Company Creation

To create a new company file from scratch, follow these steps: Open the Software: Launch Saral TDS on your desktop.

Access the File Menu: Go to the File menu located at the top left of the screen. Select New File: Click on the New File option.

Enter File Name: A dialogue box will appear. Enter a descriptive name for your company (e.g., "Company_Name_FY_2024-25").

Choose Storage Location: Select the folder on your computer where you want the company database to be saved.

Enter Company Details: Once the file is created, you will be prompted to fill in the Master Data, which includes: TAN (Tax Deduction and Collection Account Number) PAN of the Deductor Company Name and Address Responsible Person details (name, designation, and PAN). Bulk Creation (From Existing Files)

If you are transitioning to a new financial year and already have data from the previous year, you can use the Bulk Create feature: Go to File > Create New from Existing. Select Bulk Create.

Choose the previous financial year and the specific files you want to carry forward.

Enter the new financial year and click Create. The system will automatically generate new files with a standard naming format (e.g., TAN_Year). Key Considerations

Financial Year: Always ensure you have selected the correct Financial Year in the system settings before you start entering transaction data like challans or deductee details.

Pricing: If you are looking to purchase or renew, the software is typically available starting at approximately ₹5,600/year.

Data Integrity: When creating a new file from an existing one, verify that the Invoice Numbers or reference sequences are reset to '1' for the new period if required. Generate Form 16 or Form 24Q after setup? Link Challan details to your new company file?

: Enter a name for the company or deductor that will help you identify it later (e.g., "Company_Name_FY_2024-25"). Purpose Selection : Choose the relevant mode based on your needs: ETDS purpose only : Select this if you only need to file returns. With detailed calculation

: Select this if you want the software to automatically calculate TDS on employee salaries. Step 3: Configure Data Directory (Optional)

By default, files are saved in the software's installation directory (usually the C drive). To change this: Data Directory three-dotted button (“…”) to browse and select your preferred folder. to save the new path. Step 4: Complete the File Creation

Once you have entered the file name and selected the purpose, click the

button. The software will now generate the database and open the Deductor Master screen automatically. Step 5: Enter Master Details

To finish the setup, you must provide the following essential information in the Deductor Master Statutory Info

: Enter the Tax Deduction and Collection Account Number (TAN) and select the relevant Financial Year Deductor Details

: Input the legal name, address, PAN, and status (e.g., Company, Firm, Individual). Responsible Person

: Provide details of the person authorized to sign the returns, including their PAN and designation. to store these details and begin your data entry.

: If you are transitioning to a new financial year for an existing client, use the Create New from Existing option in the

menu. This automatically copies all master data (deductor, deductee, and employee info) to the new year's file. or a section on importing data from Excel in this post? New file Creation in Saral TDS 7 Apr 2022 —

Introduction

Saral TDS is a popular software used for managing Tax Deducted at Source (TDS) in India. It is developed by the National Informatics Centre (NIC) and is widely used by employers, deductors, and accountants to file TDS returns and manage TDS-related tasks. If you are a new employer or deductor, you need to create a new company in Saral TDS to manage your TDS obligations. In this article, we will guide you on how to create a new company in Saral TDS.

Prerequisites

Before creating a new company in Saral TDS, ensure that you have:

Step-by-Step Process to Create a New Company in Saral TDS

To create a new company in Saral TDS, follow these steps:

Step 1: Log in to Saral TDS

Visit the Saral TDS website (www.saraltds.com) and log in to your account using your username and password.

Step 2: Click on "Create New Company"

After logging in, click on the "Create New Company" button on the dashboard.

Step 3: Enter Company Details

Fill in the required company details:

Step 4: Verify Details

Verify the entered details carefully to ensure accuracy.

Step 5: Submit

Click on the "Submit" button to create the new company.

Step 6: Receive Confirmation

You will receive a confirmation message on your screen and an email will be sent to your registered email address with the company details.

Step 7: Activate Company

Log in to your Saral TDS account and activate your company by clicking on the "Activate" button.

Conclusion

Creating a new company in Saral TDS is a straightforward process that requires you to provide basic company details and verify them. By following the steps outlined in this article, you can easily create a new company in Saral TDS and manage your TDS obligations efficiently. If you encounter any issues during the process, you can contact Saral TDS customer support for assistance.

How to Create a New Company in Saral TDS: A Step-by-Step Guide

Saral TDS is a popular software used for managing tax deductions, filings, and compliance in India. Creating a new company in Saral TDS is a straightforward process that requires some basic information about the company and its PAN details. In this article, we will guide you through the step-by-step process of creating a new company in Saral TDS.

Prerequisites for Creating a New Company in Saral TDS

Before creating a new company in Saral TDS, ensure that you have the following:

Step-by-Step Process to Create a New Company in Saral TDS

Here's the step-by-step process to create a new company in Saral TDS:

Step 1: Launch Saral TDS Software

Launch the Saral TDS software on your computer. If you have multiple versions of Saral TDS installed, ensure that you are using the latest version.

Step 2: Click on "Company" and Select "Create Company"

On the Saral TDS home screen, click on the "Company" menu and select "Create Company" from the drop-down menu.

Step 3: Fill in Company Details

Fill in the company details in the "Create Company" screen:

Step 4: Enter Authorized Signatory Details

Enter the details of the authorized signatory:

Step 5: Upload Digital Signature Certificate (DSC)

Upload the Digital Signature Certificate (DSC) of the authorized signatory.

Step 6: Verify and Save Company Details

Verify the company details and click on "Save" to save the company details.

Step 7: Create Company in Saral TDS

Once you have saved the company details, Saral TDS will create a new company with the entered details.

Step 8: Configure Company Settings

Configure the company settings as per your requirements:

Common Issues Faced While Creating a New Company in Saral TDS

Here are some common issues faced while creating a new company in Saral TDS:

Troubleshooting Tips

Here are some troubleshooting tips:

Conclusion

Creating a new company in Saral TDS is a straightforward process that requires basic information about the company and its PAN details. By following the step-by-step guide outlined in this article, you can easily create a new company in Saral TDS. If you face any issues, refer to the troubleshooting tips or contact Saral TDS support team for assistance.

FAQs

Q: What are the prerequisites for creating a new company in Saral TDS? A: The prerequisites include Saral TDS software, company details, and Digital Signature Certificate (DSC).

Q: What are the steps to create a new company in Saral TDS? A: The steps include launching Saral TDS software, clicking on "Company" and selecting "Create Company", filling in company details, entering authorized signatory details, uploading DSC, verifying and saving company details, and configuring company settings.

Q: What are common issues faced while creating a new company in Saral TDS? A: Common issues include invalid PAN number, invalid DSC, and duplicate company name.

Q: How can I troubleshoot issues while creating a new company in Saral TDS? A: Troubleshooting tips include checking software version, checking system configuration, and contacting Saral TDS support team.

To create a new company in Saral TDS, you first create a new data file for a specific financial year and then populate the deductor master details. 1. Create a New Data File

Access the File Menu: Open the Saral TDS software and click on File in the top menu bar.

Select New: Choose the New option to open the file creation window.

Enter File Details: Provide a File Name (usually the company name) and select the relevant Financial Year.

Select Purpose: Choose between eTDS Purpose Only (for standard filing) or With Tax Computation (if you need automatic salary tax calculation for Form 24Q).

Save File: Click Create. The file will be saved in your default data directory. 2. Enter Company (Deductor) Details

Once the file is created, you must set up the deductor master information:

Go to Master Menu: Navigate to Master and select Deductor Master.

Mandatory Information: Fill in all grey-colored fields, which are mandatory. This includes: Company Name and Address.

TAN (Tax Deduction Account Number) and PAN (Permanent Account Number). Responsible Person details (name and designation).

Statutory Details: Enable relevant checkboxes for TDS, PF, or ESI as applicable to your company. Save: Click Save or Update to finalize the company profile. 3. Optional: Create from Existing (New FY)

If you are starting a new financial year for an existing client: Go to File > Create New from Existing.

Select the existing file and choose which master data (Deductors, Deductees, or Employees) to carry forward to the new year's file.

For further assistance, you can refer to the official Relyon Saral TDS Tutorials or download the Saral TDS Installation Guide provided by Relyon Softech. New file Creation in Saral TDS software

Keep these details handy before you begin:

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.

In this comprehensive guide, we will walk you through the exact process of creating a new company in Saral TDS, along with essential settings, common pitfalls, and professional tips to ensure seamless TDS compliance. This information appears on Form 16A and other certificates