TDS Filing
Accurate quarterly TDS return filing for businesses and employers
Tax Deducted at Source (TDS) is a mechanism where the payer deducts tax from payments made and remits it to the government. Businesses deducting TDS must file quarterly TDS returns (Form 24Q for salary, 26Q for non-salary, 27Q for NRI payments). Errors in TDS returns lead to notices and penalties. ComplyBridge ensures accurate TDS computation, timely challan deposits, and error-free return filing.
Service Overview
Key Benefits:
Key Benefits of TDS Filing
Documents Required
Registration Process
TDS Computation
Calculate TDS on all applicable payments as per the Income Tax Act rates.
Challan Payment
Deposit TDS to the government treasury within the due date via OLTAS.
Return Preparation
Prepare quarterly TDS return (Form 24Q/26Q/27Q) using NSDL RPU software.
Error Checking
Validate the TDS return file for errors using the NSDL File Validation Utility (FVU).
Return Filing
File the validated TDS return on the TIN-NSDL or TRACES portal.
TDS Certificate Issuance
Generate and issue Form 16 (salary) and Form 16A (others) to deductees.
Frequently Asked Questions
What are the TDS return due dates?
Quarter 1 (Apr–Jun): July 31; Quarter 2 (Jul–Sep): Oct 31; Quarter 3 (Oct–Dec): Jan 31; Quarter 4 (Jan–Mar): May 31.
What is the penalty for late TDS return filing?
Late filing fee of ₹200 per day under Section 234E, subject to a maximum of the TDS amount. Additionally, penalty under 271H can be ₹10,000 to ₹1 lakh.
What is TAN and is it mandatory?
TAN (Tax Deduction Account Number) is a 10-character alphanumeric code mandatory for every entity required to deduct or collect tax at source.
What is Form 16 and Form 16A?
Form 16 is the TDS certificate issued by employers to employees for salary TDS. Form 16A is issued for non-salary TDS like contract, professional fees, rent, etc.
Can TDS returns be revised?
Yes, TDS returns can be corrected by filing a correction statement on the TRACES portal.
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