How to use J1IC194J - Annual Return under section 194J

SAP Transaction Code - Details

• Transaction Code: J1IC194J

  Description: Annual Return under section 194J

  Release: S/4HANA and ECC 6

• • Program: J_1IF26J

    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: J1IC194J - Annual Return under section 194J

  
  Overview: 
  The SAP transaction code J1IC194J is used to generate an annual return under section 194J of the Income Tax Act, 1961. This return is used to report the tax deducted at source (TDS) on payments made to contractors and professionals. 
  
  Functionality: 
  This transaction code allows users to generate an annual return under section 194J of the Income Tax Act, 1961. It enables users to report the TDS deducted on payments made to contractors and professionals. The return can be generated for a particular financial year and can be used for filing the TDS returns with the Income Tax Department. 
  
  Step-by-step How to Use: 
  1. Enter the transaction code J1IC194J in the command field of the SAP system. 
  2. Select the financial year for which you want to generate the return. 
  3. Enter the details of the contractor or professional for whom you want to generate the return. 
  4. Enter the details of the TDS deducted on payments made to them. 
  5. Generate and save the return in PDF format. 
  6. Submit the return to the Income Tax Department for filing your TDS returns. 
  
  Other Recommendations: 
  It is recommended that users should keep a copy of all returns generated using this transaction code for future reference and audit purposes. Additionally, users should ensure that all details entered in this transaction code are accurate and up-to-date before submitting it to the Income Tax Department.