An entity that holds a TAN number (Tax Deduction and Collection Account Number) must quarterly file TDS returns. Each entity has to file two quarterly TDS returns, one for employees and one for Other deductees.
-You provide us with the details of TDS deducted and Challans.
-We prepare the TDS Returns after doing due diligence on our end.
-The TDS returns are then filed and an acknowledgement is shared with the entity.
3 working days from the day we receive all the details required.
Soft copies of the Challans for TDS payments made and details of Tax deductions made. We shall email you a specimen excel sheet for all the details required once you avail our service.
Rs 1,000/- per return (Professional Fees) upto 100 deductees including generating of TDS certificates.
- Q : Will you generate TDS certificates (Form 16 and Form 16A) in the above mentioned cost? Or will that be charged extra ?We will generate TDS certificates (Form 16 and Form 16A) in the above mentioned cost. You will not be charged extra for generating Form 16 and Form 16A.
For the Quarter ending on 30th June: 31st July
For the Quarter ending on 30th September: 31st October
For the Quarter ending on 31st December: 31st January
For the Quarter ending on 31st March: 31st May
- Q : We have missed the due dates. Can we still file our TDS returns? Is there any penalty or late fees for filing TDS returns ?Missed your deadlines? No worries. You can still file your TDS returns. The late fees for filing TDS returns is Rs 200/- per day subject to maximum of the TDS paid in the particular quarter.
- Q : When will the credit of the TDS paid by us be reflected in the party’s/employee’s 26AS for whom we have deducted TDS ?
Once we file your return, the credit of the TDS paid will be reflected in the party’s/employee’s 26AS within 5-7 working days from the date of filing of the TDS returns.
No. The process of filing TDS returns is completely online. Just send us the details we have asked for and we will file your returns.
- Although having a Digital Signature can ease the process of filing TDS returns, it is not compulsory to have a Digital Signature to file TDS returns.
The due dates for payment of TDS are as under:
TDS for the month of April-February7th of the next month. For example TDS for the month of April has to be paid till the 7th of May.
TDS for the month of March 30th April
Rates of Interest on Late Payment/Late Deduction of TDS, Nature of Default, Interest Rates, Period for which Interest has to be paid, For Late deduction of TDS 1% Per Month
From the date on which tax is deductible till the date on which the Tax is deducted 1.5% Per month. From the date of Tax deduction to the actual date of payment.
It is mandatory for all companies (Private Limited and Limited) and for all other entities to whom tax audit is applicable to pay TDS online.