TDS Return

TDS Return Filing involves submitting details of tax deducted at source to the income tax department.

    Overview About Service

    The deductor is accountable for filing the TDS return, which comprises sending a quarterly statement to the Income Tax department, in addition to depositing the tax. It's critical to submit TDS returns on time. The full procedure can be finished online. The information will appear on Form 26AS once the TDS returns have been filed.

    Choosing FilingMan for your TDS Return Filing offers a distinct advantage due to our specialized expertise and commitment to simplifying complex tax processes. Our team of experienced professionals is well-versed in the intricacies of TDS regulations, ensuring accurate and timely filing while mitigating the risk of errors that could lead to penalties or legal issues. With FilingMan, you can confidently delegate your TDS Return Filing responsibilities, allowing you to focus on core business activities and strategic growth.

    The following details must be included when submitting TDS returns:

    • both the deductee's and the deductor's PAN.
    • tax payment made to the government.
    • information on TDS challan.
    • any more information that might be pertinent.

    TDS, or tax deducted at source, is a method of tax collection used by the Indian government in transactions. It entails withholding tax at the earlier of the moment of payment or when the funds are credited to the payee's account.

    For instance, the tax is subtracted at the time of the actual payment for life insurance policies or wage payments. This deducted sum must be deposited with the Income Tax Department by the deductor. The Income Tax Department receives a portion of the tax through TDS, normally at a deduction rate of roughly 10%.

    Eligibility Criteria for TDS Return Filing

    TDS return filing is carried out by organizations or employers that possess a valid Tax Collection and Deduction Number (TAN). Individuals or entities making specified payments mentioned under the Income Tax Act are required to deduct taxes at the source and deposit them within the stipulated time. Some of the payments that require TDS deduction include:

    • Salary Payments
    • Income from Securities
    • Income from Winning Lotteries, Puzzles, etc.
    • Income from Winning Horseraces
    • Insurance Commissions
    • Payments related to the National Saving Scheme, and more.

    Procedure for TDS Return Filing

    Step 1:

    Start by completing Form 27A, which has several columns. If submitting a paper copy, make sure it is verified and submitted with the E-TDS return.

    Step 2:

    Enter the correct and meticulously totaled information regarding the source-tax deduction and the total amount paid.

    Step 3:

    Double-check that the organization's TAN is listed correctly on Form 27A. Giving the wrong TAN could make verification difficult.

    Step 4:

    Clearly state the challan number, payment method, and tax information when submitting the TDS returns. Mismatches may result from inaccurate challan numbers or payment dates, necessitating the re-filing of TDS returns.

    Step 5:

    Keep everything uniform by using the fundamental Form for e-TDS filing. To help in tallying, enter the 7-digit BSR (Basic Statistical Return) code.

    Step 6:

    Actual TDS returns must be delivered to the TIN Facilitation Centre (TIN FC), which is run by NSDL. They can be filed online for filing by visiting the NSDL TIN's main website.

    Step 7:

    After supplying accurate information, you will obtain a token number or a provisional receipt as verification that your TDS return was filed.

    Step 8:

    If a return is rejected, a non-acceptance notice specifying the cause is provided, and the returns must be resubmitted in accordance with the new instructions.

    TDS Return Filing Costs

    TDS Return Filing

    ₹ 799 / Only

    Per Quarter

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      Why Choose FilingMan

      For TDS Return Filing?

      FilingMan's user-friendly approach to TDS Return Filing streamlines the entire process. Our advanced software systems facilitate smooth data compilation, verification, and submission, reducing manual effort and the likelihood of mistakes. We stay updated with the latest tax laws and regulatory changes, ensuring that your TDS returns are compliant with the most current standards. By choosing FilingMan, you benefit from a hassle-free experience, transparent communication, and a dedicated team that not only ensures accurate filing but also provides insights to optimize your tax strategies and compliance.

      Moreover, FilingMan's commitment extends beyond the filing itself. We offer post-filing support, including assistance with responding to any queries or notices from tax authorities. With FilingMan as your TDS Return Filing partner, you gain peace of mind, knowing that your tax obligations are efficiently managed by professionals who are dedicated to your financial success and compliance.

      TDS Return Filing FAQ'S

      Why should I choose FilingMan for my TDS Return Filing instead of doing it myself?
      FilingMan's experts specialize in TDS regulations and ensure accurate and timely filing, reducing the risk of errors and penalties. Our streamlined process saves you time and effort, allowing you to focus on your core business activities while entrusting your TDS compliance to experienced professionals.
      How does FilingMan ensure the accuracy of my TDS Return Filing?
      FilingMan's advanced software systems and knowledgeable team meticulously compile and verify your TDS data, ensuring that it aligns with the latest tax laws and regulations. Our attention to detail and commitment to staying up-to-date with changing requirements guarantee accurate and compliant TDS return filing.
      What types of TDS returns does FilingMan assist with?
      FilingMan offers comprehensive support for various TDS returns, including Form 24Q, Form 26Q, Form 27Q, and Form 27EQ. Whether you have employee-related deductions, payments to contractors, or non-resident payments, FilingMan's expertise covers a wide range of TDS scenarios.
      Can FilingMan help with post-filing support and responding to tax notices?
      Yes, FilingMan's services extend beyond filing. We offer assistance with any queries or notices from tax authorities related to your TDS returns. Our team is dedicated to ensuring a seamless process from start to finish, providing you with peace of mind and a reliable partner to address any post-filing matters.
      How can I get started with FilingMan's TDS Return Filing services?
      Getting started is easy. Simply reach out to FilingMan through our website or contact channels. Our experts will guide you through the process, understand your specific TDS requirements, and provide you with a customized solution that aligns with your business needs, ensuring efficient and accurate TDS return filing.