TDS Return Filing

Flawless tax deduction compliance. Prevent penalties with accurate quarterly filings.

TDS calculation & challan payment

Quarterly return filing (24Q, 26Q, 27Q, 27EQ)

Form 16 / 16A generation for employees & vendors

TDS notice response & correction filings

File TDS Returns

Stay compliant with quarterly TDS filings

What is TDS Return Filing?

TDS (Tax Deducted at Source) is a mechanism where tax is deducted at the point of income generation. Employers, businesses, and professionals who deduct TDS must file quarterly returns reporting these deductions to the Income Tax Department.

Types of TDS Returns

Form 24Q: TDS on salary payments — filed quarterly
Form 26Q: TDS on non-salary payments (rent, professional fees, etc.)
Form 27Q: TDS on payments to non-residents
Form 27EQ: Tax Collected at Source (TCS) statement

Penalties for Non-Compliance

Late filing fee of ₹200/day under Section 234E (capped at TDS amount)
Penalty of ₹10,000 to ₹1,00,000 under Section 271H
Interest at 1.5% per month for late deduction or payment
Disallowance of 30% of expenditure if TDS not deducted

Our TDS Filing Process

Step 1: Collect and verify all deduction details
Step 2: Calculate TDS amounts and prepare challans
Step 3: File TDS return on TRACES portal
Step 4: Generate and distribute Form 16/16A certificates

TDS Return Filing FAQs

Common questions about TDS compliance

Who is required to deduct TDS?

Any person (company, firm, or individual under tax audit) making specified payments like salary, rent, professional fees, or contract payments above threshold limits must deduct TDS.

What is the due date for TDS return filing?

TDS returns are due within one month from the end of each quarter: July 31 (Q1), October 31 (Q2), January 31 (Q3), and May 31 (Q4).

Can I revise a TDS return after filing?

Yes, correction returns can be filed on TRACES to rectify errors in PAN, challan details, or deductee information. FilingsForU.com handles all correction filings promptly.