As an employer, you deduct TDS on employee salaries every month. And, each quarter, you need to file TDS returns using Form 24Q, which reports the details of salaries paid and the TDS deducted thereof.
You can generate Form 24Q using greytHR. But why do you need greytHR in the first place?
The process of Form 24Q generation involves complex calculations and is tedious, error-prone, and labour intensive. The process takes 1-2 days each quarter, depending on your employee count. The time required takes on added significance as any delay in Form 24Q submission leads to heavy penalties.
With greytHR, you can generate Form 24Q in as little as a few minutes. All you need to do is provide the challan details and CSI file. The updated FVU file can then be generated using the application. Here’s a quick 4-minute video guide that details the process. You can also read the step-the-step instructions here.
Here’s how you can generate Form 24Q using greytHR:
The entire Form 24Q generation process can be completed in minutes using greytHR.
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