HRStop

How-to

Form 24Q

Last updated May 16, 2023 · Tushar Agarwal

HRStop lets you generate Form 24Q for employees. You have to update the deductor details, add a challan in the system and assign it to the employees. Once the challan has been assigned, you can generate the FVU file. Follow the steps below to update the information in the system.

  1. Add deductor details
  2. Add a challan and assign it to the employee
  3. Generate the FVU file

How to add/update deductor details in the system

  1. Navigate to Control Panel → Payroll → Form 24Q, and select the financial year and quarter.
  2. Fill in the deductor details, select the entity and click the Update/Submit button. If the deductor details are already filled in and you want to update them, click the Deductor Details button in the top-right corner.
  3. Update the deductor details and click the Submit button to save the information.

Note: The deductor details you add here apply to the specific entity chosen. If you generate Form 24Q for a specific entity, it picks up the details added for that entity.

How to add a challan and assign it to employees

  1. Navigate to Control Panel → Payroll → Form 24Q → + Challan button.
  2. Fill in all the challan information, select the entity and click the Submit button.
  3. The system uses the deductor details added for the selected entity.
  4. Once the challan information is added, it appears on the Form 24Q details page. Click the Challan number in the Challan column.
  5. Download the Challan: Click the Save drop-down button and select the file format to download.
  6. Assign the Challan: Select the employees and click the Assign button.
  7. Import Challan: Click the grey Import Challan button in the top-right corner of the Deduction Detail table. Importing the challan shows all employees whose payroll has been run for the selected period. Select the employees by selecting their checkboxes, then click the Assign button.

How to download salary details of employees for the selected quarter

  1. Navigate to Control Panel → Payroll → Form 24Q. A new page opens.
  2. Select the Financial year and the quarter, available in the left corner of the page.
  3. Click the Generate FVU drop-down and select the Annexure 2 option. Click the button to download Form 24Q Annexure 2 in CSV format.

How to generate the FVU file

  1. Navigate to Control Panel → Payroll → Form 24Q. A new page opens.
  2. Make sure the deductor details are filled in and the challan is added and assigned to the employee. Select the entity in the title bar at the top, just before your profile details. The selected entity lets the system pick up the entity-specific deductor details.
  3. In the top-right corner above the Generate FVU option, select the financial year and the specific quarter. Note: If the quarter and financial year are not selected, you can't generate the FVU file. Click Generate FVU. On the new page that opens, fill in the information, update the 15-digit token number (Provisional Receipt Number) of the last return and click Generate FVU file.