TDS Compliance for Employers & Businesses
TDS Return Filing Online — Form 24Q & 26Q
Businesses and employers deducting TDS must file quarterly TDS returns with the Income Tax Department. We handle Form 24Q (salary) and 26Q (non-salary) TDS filing 100% online with accurate challan reconciliation.
What is TDS?
TDS (Tax Deducted at Source) is a system where a certain percentage of tax is deducted at the time of payment (such as salary, rent, professional fees) and deposited directly to the government. It ensures a regular flow of revenue for the government and prevents tax evasion.
Who Must File TDS Returns?
Any person or organization that has a TAN (Tax Deduction and Collection Account Number) and deducts TDS on payments must file a TDS return. This includes employers, businesses paying rent over ₹2.4L/year, and entities paying contractors or professionals.
Types of TDS Returns
We assist in filing all major TDS forms:
- Form 24Q: For TDS deducted on salary payments (filed quarterly).
- Form 26Q: For TDS deducted on non-salary payments like rent, commission, and professional fees.
- Form 27Q: For TDS on payments made to Non-Resident Indians (NRIs) and foreigners.
- Form 27EQ: For TCS (Tax Collected at Source).
TDS Return Due Dates
TDS returns must be filed quarterly. The typical due dates are:
- Q1 (April - June): 31st July
- Q2 (July - Sept): 31st October
- Q3 (Oct - Dec): 31st January
- Q4 (Jan - March): 31st May
TDS Challan Reconciliation
A crucial step in filing is reconciling your TDS challans with the OLTAS (Online Tax Accounting System) data. We ensure every rupee you've deposited matches the government's records to prevent mismatch notices.
Form 16 / 16A Generation
After filing your TDS returns successfully, we also generate the necessary Form 16 (for employees) or Form 16A (for non-employees) so you can distribute them to your deductees.
Penalties for Late TDS Return
Failing to file on time attracts severe penalties:
- Section 234E: A late fee of ₹200 per day until the return is filed (capped at the total TDS amount).
- Section 271H: An additional penalty ranging from ₹10,000 up to ₹1,00,000 may be levied.
Our Process
- Collect TAN, deductee details, and challan payment data.
- Prepare the return using the latest RPU utilities.
- Reconcile challan data online.
- File the return via TRACES or the Income Tax portal.
- Generate and provide Form 16/16A.
Frequently Asked Questions
TAN (Tax Deduction Account Number) is mandatory for anyone required to deduct TDS. It's a 10-digit alphanumeric number issued by the Income Tax Department. We help you apply for TAN if you don't have one.
Late filing attracts a mandatory penalty of ₹200 per day under Section 234E, plus additional penalties up to ₹1,00,000 under Section 271H. File as soon as possible to minimise penalties.
Yes, all TDS deducted and deposited against your PAN reflects in Form 26AS and the Annual Information Statement (AIS) on the Income Tax portal.
Ready to Get Started?
Tell us your requirement and we'll help you understand the right next step.