TDS Returns
An assigned accountant will be in full contact throughout the year and ensure timely filing of TDS returns.
Get Form 16 (yearly).
File TDS Return online for Just Rs.850 only!
*Prices are inclusive of taxes. No Hidden charges.
Choose your plan
Check out our packages and choose what suits your Business the best.
- TDS on both salaries and other than salaries
- TDS on both salaries and other than salaries
- Form 16 A generated on Quarterly basis
- Form 16 on yearly basis
- TDS on both salaries and other than salaries
- Form 16 A generated on Quarterly basis
- Form 16 on yearly basis
- TDS on both salaries and other than salaries
- Form 16 A generated on Quarterly basis
- Form 16 on yearly basis
*Prices are inclusive of taxes. No Hidden charges.
Who should file TDS Returns?
Persons making payment of Specified nature are required to deduct Tax at Source (TDS) or collect Tax at source (TCS) and remit the same to the Government. Such persons (Deductors) need to obtain TAN (Tax Collection Account Number) and electronically file TDS returns quarterly showing details of Payment, tax deducted, Deductees, etc in accordance with Section 206 of Income Tax Act, 1961. Such electronic filing of returns is compulsory and should be done on a timely basis failing which interest, late fees and penalties shall be charged.
Late Fees, Interest & penalties
- Late fees in addition to interest in delay of deposit, shall be charged on late filing of returns. Late fees of Rs. 200 shall be charged per day from the due date of return filing till the date such return has been filed.
- Interest on delay of deposit of TDS: TDS should be deposited by the 7th of the month following the month in which the TDS was deducted. Any delay will attract interests. When TDS not deducted either fully or partly , interest of 1 % per month from date on which Tax should have been deducted till date of deduction.When TDS deducted but not deposited either fully or partly, interest of 1.5% per month from date of deduction till date of deposit.
- Penalty: The Assessing Officer may direct payment of penalty in addition to late fees and interest. A minimum penalty of Rs. 10000 may be charged which may extend to Rs. 100000
TDS Returns Due Dates
TDS returns shall be filed on a Quarterly basis, except for Tax deducted on specific payments such as payment of rent or payment for purchase of property (sale consideration above 50 lakhs) where the return should be filed within 30 days from the last day of the month in which tax was deducted.
Also Note, that the due date for payment of TDS is the 7th of the following month.
Form 24Q
Type of Payment: Salaries
Due Dates: Q1- 31st July, Q2- 31st October, Q3- 31st January, Q4- 31st May
Form 26Q
Type of Payment: Payments other than Salaries
Due Dates:Q1- 31st July, Q2- 31st October, Q3- 31st January, Q4- 31st May
Form 27Q
Type of Payment: Interest, Dividends or any other payment to NRI (other than Salaries)
Due Dates:Q1- 31st July, Q2- 31st October, Q3- 31st January, Q4- 31st May
Form 26QB
Type of Payment: Sale of Property
Due Dates:30 days from the last day of the month is which tax was deducted
Form 26QC
Type of Payment: Rent
Due Dates: 30 days from the last day of the month is which tax was deducted
Form 26QB
Type of Payment: Payments to resident contractors and professionals
Due Dates:30 days from the end of the month in which payment has been made
Form 27EQ
Type of Payment: Collection of Tax at Source
Due Dates: Q1- 15th July, Q2- 15th October,Q3- 15th January, Q4- 15th May
TDS returns Filing Process
- Choose the plan that best suits you
- An accountant will be assigned
- The details required will be collected in a structured manner
- Returns will be filed on a timely basis
Testimonials
Need Assistance? Lets help you.
Fill in the below details and we will contact you within 24 hours.
