Expert TDS Return Filing
Don’t let late filing fees and compliance errors hurt your business. We provide end-to-end support for quarterly TDS/TCS filings, ensuring your records are always perfect.
Our TDS Compliance Scope
Quarterly Returns
Accurate preparation and filing of quarterly returns for various forms (24Q, 26Q, 27Q, etc.).
TDS Reconciliation
We reconcile your books with the TRACES portal to ensure consistency and resolve any data mismatches.
Certificate Issuance
Generating and verifying Form 16/16A certificates for your deductees, ensuring seamless compliance.
Why Accuracy in TDS Filing is Vital
TDS is a mechanism to collect tax at the source, and the government is strictly monitoring compliance. Errors in filing lead to:
- Late Filing Fees: A fee of ₹200 per day is charged for late filing, which can accumulate rapidly.
- Interest Charges: Penal interest is levied if TDS is deducted but not deposited on time.
- Disallowance of Expenses: Failure to deduct or deposit TDS can lead to the disallowance of business expenses, effectively increasing your tax liability.
Frequently Asked Questions
Is TDS filing mandatory for all businesses?
Any business or professional required to get their accounts audited, or who meets the specific threshold criteria for deduction, must file TDS returns quarterly.
What is the penalty for late TDS filing?
The penalty is ₹200 per day of delay under Section 234E of the Income Tax Act, until the filing is completed.
Can EasyBiz360 handle my TDS correction requests?
Yes. If you have filed an incorrect return or made a data entry error, we assist in preparing and submitting correction statements (revised returns).
Streamline Your TDS Compliance
Upload your deduction details or share your requirements below. Our experts will manage your quarterly filings effectively.