TDS Return Filing – Complete Information & Services
What is TDS?
TDS (Tax Deducted at Source) is a tax collection method introduced by the Government of India to ensure tax is collected at the time of payment itself. In this process, the payer (deductor) deducts a certain percentage of the payment and deposits it with the government.
The deductor must also file a TDS Return – a quarterly statement providing details of payments made and TDS deducted.
Who is Required to File TDS Return?
You need to file TDS return if:
- You are a company, firm, LLP, or an individual required to deduct TDS.
- You have an employer–employee relationship and deduct TDS on salaries.
- You make payments such as rent, professional fees, contractor charges, commission, or interest that are subject to TDS.
- You have deducted TDS under any provision of the Income Tax Act.
TDS Return Forms & Purpose
| Form No. | Purpose | Applicable Section | Example |
|---|---|---|---|
| Form 24Q | TDS on Salary | Section 192 | Employer deducting TDS from employees’ salaries |
| Form 26Q | TDS on all payments except salaries | All sections except 192 | Rent, contractor, professional fees, interest |
| Form 27Q | TDS on payments to Non-Residents | Various | Payments to foreign companies or NRI individuals |
| Form 27EQ | TCS Return | Section 206C | Tax Collected at Source |
TDS Return Filing Due Dates
| Quarter | Period Covered | Due Date |
|---|---|---|
| Q1 | 1 April – 30 June | 31 July |
| Q2 | 1 July – 30 September | 31 October |
| Q3 | 1 October – 31 December | 31 January |
| Q4 | 1 January – 31 March | 31 May |
Documents & Information Required for TDS Return Filing
- TAN (Tax Deduction and Collection Account Number)
- PAN of deductor and deductees
- Details of payment made (date, amount, nature of payment)
- Rate at which TDS is deducted
- Challan identification number (CIN) of TDS deposited
- Book adjustment details (for government deductors)
Penalties for Late Filing of TDS Return
- Late filing fee (Section 234E): ₹200 per day until the return is filed, subject to the maximum TDS amount.
- Penalty (Section 271H): ₹10,000 to ₹1,00,000 if incorrect information is furnished or return is not filed at all.
- Interest on late deposit of TDS also applies.
Benefits of Filing TDS Return on Time
- Avoids penalties and legal notices
- Ensures smooth processing of deductees’ income tax returns
- Helps in maintaining compliance record with the Income Tax Department
- Builds business credibility and avoids unnecessary scrutiny
Why Choose Us for TDS Return Filing?
✅ Experienced Tax Professionals – handled 1000+ returns successfully
✅ Error-Free Filing – 100% compliance with latest rules
✅ On-Time Reminders – never miss a due date
✅ End-to-End Support – from preparation to submission
✅ Affordable Pricing – no hidden charges
Our TDS Return Filing Process
1️⃣ Document Collection – You share the required details & challans
2️⃣ Return Preparation – We prepare your TDS statement as per the latest format
3️⃣ Validation & Verification – Cross-check using TDS utility (RPU/FVU)
4️⃣ Return Filing – File through TRACES/Income Tax Portal
5️⃣ Acknowledgement & Support – Share filing receipt & post-filing assistance
