How to use J1IC194D - Annual Return under section 194d

SAP Transaction Code - Details

• Transaction Code: J1IC194D

  Description: Annual Return under section 194d

  Release: S/4HANA and ECC 6

• • Program: J_1IF26D

    Screen: 1000

    Authorization Object:

  • Development Package: J1I2

    Package Description: India, Phase II

    Parent Package: APPL

  • Module/Component: FI-LOC-LO-IN

    Description: Logistics India

Smart SAP Assistant

• SAP Tcode: J1IC194D - Annual Return under section 194d

  
  Overview: 
  The SAP transaction code J1IC194D is used to generate an annual return under section 194d of the Indian Income Tax Act. This return is used to report the tax deducted at source (TDS) on payments made to non-residents. 
  
  Functionality: 
  This transaction code allows users to generate an annual return under section 194d of the Indian Income Tax Act. It enables users to report the TDS deducted on payments made to non-residents. The return can be generated for a single or multiple company codes. 
  
  Step-by-step How to Use: 
  1. Enter the transaction code J1IC194D in the command field. 
  2. Select the company code for which you want to generate the return. 
  3. Enter the financial year for which you want to generate the return. 
  4. Enter the period for which you want to generate the return. 
  5. Enter the details of TDS deducted on payments made to non-residents in the relevant fields. 
  6. Click ‘Save’ and ‘Generate’ to generate the return. 
  7. Print or save a copy of the generated return for future reference. 
  
  Other Recommendations: 
  It is recommended that users check all details entered in the return before generating it, as any incorrect information may lead to penalties or other legal issues. Additionally, users should ensure that all TDS deductions are reported accurately and timely in order to avoid any penalties or interest charges from the tax authorities.