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PAN Verification of Deductees
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Generation of Form 16/16A, etc.
TDS Payment Challan Review
Filing of correction returns (if needed)
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New TAN Application
Inclusive of Taxes
TDS on Salary
Inclusive of Taxes
TDS on Other Payments
Inclusive of Taxes
Purchase of Property
Inclusive of Taxes
Payment to NRIs
Inclusive of Taxes
TDS on Rent
Inclusive of Taxes
TCS Payments
Inclusive of Taxes
Contractual and Professional Payments
Inclusive of Taxes
VDA Transactions
Inclusive of Taxes
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TDS stands for Tax Deducted at Source. It is a mechanism through which tax is deducted by the payer at the time of making certain payments such as salary, interest, rent, etc.
Any individual or entity making specified payments as per the Income Tax Act, 1961 is required to deduct TDS if the payment exceeds the specified threshold limits.
There are different types of TDS returns such as Form 24Q for salary, Form 26Q for non-salary payments to residents, Form 27Q for payments to non-residents, and Form 27EQ for TCS (Tax Collected at Source).
Yes, it is mandatory to file TDS returns even if no TDS has been deducted or paid.
Yes, TDS returns can be revised within a specified time frame in case of any errors or omissions.
Late filing of TDS returns may attract penalties and interest as per the Income Tax Act.
TDS deducted refers to the amount deducted at the source, while TDS deposited refers to the amount deposited with the government after deduction.