TDS Return Filing
Quarterly e-TDS statements prepared from your deduction records, with challan and PAN validation before upload.
If you deduct tax at source you must not only deposit it but also report it, quarterly, in an electronic statement. The return is what maps each deduction to the deductee’s PAN, and it is the only way the credit reaches the person from whom the tax was deducted.
That is why accuracy matters more than it might appear. A wrong PAN or a mismatched challan does not just attract a penalty — it means your vendor or employee cannot claim the credit in their own return, and they will come back to you to fix it.
What this costs
Which form applies
- Form 24Q — tax deducted from salaries
- Form 26Q — tax deducted from payments to residents other than salary
- Form 27Q — tax deducted from payments to non-residents
- Form 27EQ — tax collected at source
- Form 26QB — tax on the sale of immovable property, filed per transaction
The deadlines
Tax deducted must be deposited by the seventh of the following month, except for March where the deadline extends. The quarterly statements are then due by the end of the month following each quarter, with the final quarter allowed until the end of May.
What errors cost
- Interest for late deduction, and a higher rate for late deposit of tax deducted
- Late filing fee under Section 234E, charged per day until the return is filed
- Penalty under Section 271H for a return not filed or filed with incorrect particulars
- Disallowance of the underlying expense in your own income tax computation
- Your deductee cannot claim credit, and will require a correction statement
Form 16 and Form 16A
Once the return is processed, the certificates are generated from the traces portal — Form 16 for salaried employees and Form 16A for other deductees. They cannot be issued before the return is filed and processed.
Issuing certificates is a statutory obligation with its own deadline, not an optional courtesy, and employees increasingly need Form 16 to file on time.
How we handle it
- 1 Collecting deduction data We compile the payments, deduction rates and challans for the quarter.
- 2 Validating PANs Every deductee PAN is validated, since an invalid PAN attracts a higher deduction rate and blocks the credit.
- 3 Reconciling challans Challans are matched with the deductions claimed so the statement does not fail validation.
- 4 Preparing the statement The return is prepared in the correct form and run through the file validation utility.
- 5 Filing The statement is filed and the acknowledgement preserved.
- 6 Certificates Once processed, Form 16 or 16A is downloaded from traces and issued to your deductees.
Frequently asked questions
Do I need a TAN?
Yes. Anyone required to deduct tax at source must hold a TAN and quote it on every challan and return. It is separate from PAN.
What if I deducted tax but did not file the return?
A late fee runs per day under Section 234E until the return is filed, and a penalty under 271H may follow. Your deductees also cannot claim credit until the return is filed.
What if a deductee gives a wrong PAN?
Tax must be deducted at the higher rate prescribed for cases where PAN is not furnished. Filing with an invalid PAN causes a mismatch and a correction statement becomes necessary.
Can a filed return be corrected?
Yes, by filing a correction statement. This is routine and is the normal way to fix a wrong PAN, an incorrect amount or a challan mismatch.
Do I file a nil return if there was no deduction?
Where no tax was deducted in a quarter, a declaration on the traces portal is the appropriate route rather than a nil statement. We handle this so no default is recorded against your TAN.
What is not included. Government fees, statutory charges, stamp duty, court and registry fees, digital signature costs and any third-party professional charges are separate and payable at actuals. GST applies on professional fees where indicated. Prices shown are indicative and may change without notice; we confirm the total in writing before any work begins — see our terms on pricing.
Talk to us about TDS Return Filing
Share your requirement and our team will confirm the documents needed, the exact charges and a realistic timeline — usually the same working day.
- Expert document checking before submission
- Regular status updates on WhatsApp
- Transparent professional charges
- Assistance in Marathi & English
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