TDS Return Filing

Overview

TDS Return Filing is the quarterly compliance Taxeto manages for businesses and employers who deduct tax at source on payments such as salary, rent, commission or professional fees, as required under the Income Tax Act, 1961. Taxeto prepares and files Forms 24Q, 26Q, 27Q or 27EQ as applicable, ensuring deductees get proper tax credit and the deductor avoids late fees and penalties.

Benefits

• Ensures compliance with tax deduction laws
• Prevents late filing fees and interest
• Maintains transparent records of tax deductions
• Ensures deductees receive proper tax credit
• Avoids notices and legal issues from incorrect filing

Eligibility

• Must have a TAN (Tax Deduction Account Number)
• Must have deducted TDS during the period
• Must deposit TDS within the due dates

Documents Required

1. 1TAN details
2. 2PAN of deductor and deductees
3. 3Payment details
4. 4TDS challans
5. 5Salary details (if applicable)
6. 6Previous return data

Process

1. 1

   Preparation and filing of TDS returns

   Compile quarterly deduction data into Forms 24Q/26Q/27Q/27EQ.

2. 2

   Data validation and error correction

   Check for mismatches before filing.

3. 3

   TDS reconciliation

   Reconcile TDS deposited with challans and deductee records.

4. 4

   Issuance of TDS certificates

   Generate Form 16/16A for deductees.

5. 5

   Compliance and advisory support

   Guide on quarterly due dates and penalty avoidance.

Frequently Asked Questions