How To Create New Company In Saral Tds |top| May 2026
Creating a new company in Saral TDS involves setting up a dedicated data file for a specific financial year and configuring the master details for the deductor. Whether you are using the desktop version or the cloud-based Saral Pro, the process is designed to be sequential and user-friendly. 1. Initial File Creation
The first step is to create the database file that will house all your company's TDS records. Launch Software: Open your Saral TDS application.
Access the File Menu: Go to the File menu and select the New option. Set File Details:
Financial Year: Select the relevant year for which you are filing returns.
File Name: Enter a recognizable name for the company or entity.
Data Directory: By default, files are saved in the pre-set data directory. If you need to change this, go to File > Data Directory, select a new path using the three-dotted button, and click Accept. Choose Purpose: how to create new company in saral tds
eTDS Purpose Only: Select this if you only need the file for quarterly return filing.
With Tax Computation: Select this if you want the software to automatically compute salary taxes for Form 24Q. Create: Click the Create button to generate the new file. 2. Configuring Company (Deductor) Master Details
Once the file is created, you must enter the official details of the organization responsible for deducting tax.
Navigate to Master: Go to the Master menu and select Deductor Master.
Mandatory Fields: Fill in the fields highlighted in grey, which are mandatory. This includes: Company Name and TAN. Address and Contact Information. Creating a new company in Saral TDS involves
Responsible Person Details: Enter the name and designation of the person authorized for company processes.
Statutory Info: If applicable, enable checkboxes for PF, ESI, or PT and provide the respective registration numbers. 3. Setting Up Branches (Optional)
If your company operates from multiple locations under a single registration, you can enable branch-wise tracking.
Enable Multi-Branch: In the Company Master window, enable the Multi Group or Branch option.
Create Branches: Navigate to Master > Branch Details to enter information for each specific unit. 4. Alternative: Create New from Existing Duplicate Entry: If you try to create a
For recurring users, you don’t need to re-enter all master data every year. New file Creation in Saral TDS software
2. Configure Challan Bank & Branch Mapping
Navigate to Masters > Bank Master. Add the bank branches where you deposit TDS. Enter the BSR code, challan serial number, and date of deposit. This mapping is essential for matching your 26AS/TRACES.
Common Troubleshooting / Tips
- Duplicate Entry: If you try to create a company with a PAN and TAN that already exists in the software for the selected Financial Year, Saral TDS will prompt you that the company already exists. You should "Open" the existing one rather than creating a new one.
- Migration: At the start of a new Financial Year (e.g., April 1st), Saral TDS usually has a "Migration" feature. You do not need to create the company from scratch every year. You can right-click the previous year's company and select "Migrate to [New Year]" to carry forward master data.
- Validation: Before entering deductions, click the "Validate" button on the company screen to ensure the PAN/TAN format is correct.
3. Add Deductee (Vendor/Employee) PANs
Before entering payments, go to Deductee Master and add the PAN and name of each vendor, contractor, or employee from whom you have deducted tax. Saral TDS validates PAN format automatically.
Step 6: Advanced Settings (Deductor Category & Challan Type)
Saral TDS will ask you to confirm a few operational settings:
- Regular Deductor or Govt Deductor? Generally, select Regular Deductor.
- Challan Type:
- Physical Challan (280) for offline payments.
- Online (OLTAS) for tax paid through net banking. Choose Online for most cases.
- Book Type: Optional for professionals.
Make your selections and click Finish or Save.
