Tax Payment Life Cycle
Check the states of a tax payment and their significance.
Following are the 2 life cycles in tax payments:
Following is the tax payment life cycle.
The TDS payment is uploaded to our system. A payout may have been created, but not successfully made against the TDS payment.
Possible payout states:
- Payout not yet created.
rejected
cancelled
failed
reversed
The TDS payment is being processed. A payout is created and is being processed.
Possible payout states:
pending
queued
processing
From the processing
states, the payout can go back to the unpaid
state if:
- If you cancel or reject the payout.
- If the payout fails or is reversed.
The TDS payment was successful. Possible payout state: processed
.
After the TDS is successfully paid, you can download the challan from the Dashboard and file the TDS as per your convenience.
You have manually cancelled the TDS payment from the Dashboard.
- You can only cancel a TDS payment in the
unpaid
state. - You cannot cancel a TDS payment after a payout is initiated for it.
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