TDS Return Filing

Tax Deduction at Source (TDS) is governed by Chapter XVII-B of the Income Tax Act, 1961 (Sections 192 to 196D). The deductor must:\n\n1. Deduct tax at applicable rates at the time of payment or credit, whichever is earlier (Section 199)\n2. Deposit deducted tax to the government within prescribed timelines — by 7th of the following month (30 April for March)\n3. File TDS returns quarterly in the prescribed forms:\n - Form 24Q — salary TDS (Section 192)\n - Form 26Q — TDS on non-salary payments (contractor, professional, rent, etc.)\n - Form 27Q — TDS on payments to non-residents\n - Form 27EQ — Tax Collected at Source (TCS)\n4. Issue TDS certificates — Form 16 (salary, annual) and Form 16A (non-salary, quarterly)\n\nDue dates for quarterly returns:\n- Q1 (Apr–Jun): 31 July\n- Q2 (Jul–Sep): 31 October\n- Q3 (Oct–Dec): 31 January\n- Q4 (Jan–Mar): 31 May\n\nConsequences of non-compliance:\n- Late filing fee under Section 234E: ₹200/day until return is filed (maximum = tax deducted)\n- Penalty under Section 271H: ₹10,000 to ₹1,00,000 for failure to file\n- Disallowance of expenses under Section 40(a)(ia): 30% of payments where TDS not deducted/deposited

TDS return filing is the preparation and the filing of the quarterly TDS and TCS returns under the Income-tax Act 1961 — the Form 24Q for the salaries, the Form 26Q for the TDS on the non-salary payments, the Form 27Q for the payments to the non-residents, and the Form 27EQ for the TCS — with the deductor's and the deductee's details, the challan details and the certificates, filed within the prescribed due dates, and followed by the generation of the Form 16 and the Form 16A for the deductees. The quarterly return is where the deductions are reported to the tax department.

The TDS return is the quarterly declaration of the deductions — every deductee, every payment, every challan — reported in the applicable form within the due date, with the PAN validation and the challan matching that the department's systems run. The return is the basis of the deductees' Form 26AS and their own claims, and its accuracy is the deductee's credit and the deductor's record.

The cost of a late or a wrong return is the late fee and the mismatch: the fee for the delayed filing, the interest, and the deductees whose 26AS does not show the credit — each a consequence that the timely and the accurate filing avoids.

This service is for deductors filing the TDS returns. We prepare the quarterly returns in the applicable forms — 24Q, 26Q, 27Q, 27EQ — reconcile the challans and the deductee data, file within the due dates, generate the Form 16 and the Form 16A, and manage the corrections and the notices so the deductions are reported correctly and the deductees' credits are right.