TDS Compliance – Complete Deduction, Payment & Filing Support

End-to-end TDS management to avoid penalties, interest, and tax notices.

Frequently Asked Questions

Businesses Deducting TDS Regularly

Companies, LLPs, and proprietorships deducting TDS on salary, contractor, rent, or professional payments must ensure full compliance.

Organizations deducting TDS under Section 192 must manage salary TDS, deposit, return filing, and Form 16 issuance.

All persons holding TAN and deducting tax are required to comply with TDS provisions.

Payments to contractors, professionals, landlords, or commission agents require proper TDS deduction and reporting.

Growing businesses with increasing vendor payments need structured TDS compliance to avoid errors.

Eligibility Criteria

Valid TAN (Tax Deduction Account Number)

TDS deducted on specified payments

PAN details of deductees available

Timely deposit of deducted TDS

Maintenance of proper payment records

Documents Required

TAN & PAN of Deductor

1.

PAN of Deductees

2.

Salary Details (if applicable)

3.

Payment details (Contractor / Professional / Rent etc.)

4.

TDS Challan Details (CIN)

5.

Bank Statements

6.

Previous TDS Return Copies

7.

Step-by-Step Process

Identification of applicable TDS sections

01

Accurate deduction of TDS at prescribed rates

02

Timely deposit of TDS to government

03

Preparation of quarterly TDS returns

04

Filing of returns (24Q / 26Q / 27Q as applicable)

05

Issuance of TDS Certificates (Form 16 / 16A)

06

Reconciliation with Form 26AS

07

Handling corrections or notices if required

07

Estimated Timeline 10–15
working days

Government Fees Varies by authorised capital (starts at ₹500)

Penalty & Non-Compliance Risks

Interest on late TDS deposit (1% / 1.5% per month)

Late filing fee under Section 234E (₹200 per day)

Penalty under Section 271H (₹10,000 to ₹1,00,000)

Disallowance of expenses under Income Tax Act

Income Tax notices and prosecution in serious cases

Compliance Checklist

01

Deduct TDS at correct applicable rates

02

Deposit TDS before due dates (7th of next month)

03

File quarterly TDS returns on time

04

Verify PAN of deductees

05

Issue TDS certificates within due date

06

Reconcile returns with Form 26AS

Frequently Asked Questions

What is TDS Compliance?

It includes deduction, deposit, return filing, and certificate issuance under TDS provisions.

Yes, if TDS has been deducted during the quarter.

Interest and penalties will be applicable.

Generally 7th of the following month.

Yes, TAN is required to deduct and file TDS returns.

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