File TDS Online with Filemydoc.com starting at Rs. 1999/-. Connect with India's best Tax consultant and professionals for your TDS Filings.
Popular : Pvt Ltd Company Startup India TM Registration GST Registration
Leave all your complex hassles of TDS Filings with Filemydoc.com in 3 simple steps
Fill in the basic details eg. Name, Email, Phone, City.
Get callback from our experts and submit required details.
We will audit your account and file your TDS.
* These fields are required.
Tax deducted at source or TDS is the tax that is collected by the Government of India at the time when a transaction takes place. Here, in this case, the tax is to be deducted at the time the money is credited to the payee's account or at the time of payment whichever happens earlier.
In this case of salary payment or the life insurance policy, the tax is deducted at the time when the payment is done. The deductor is required to deposit this amount with the Income Tax Department. Through TDS a portion of the tax is paid directly to the Income Tax Department. The Tax is deducted usually over a range of 10%.
Apart from depositing the tax the deductor also has to do TDS return filing. TDS return filing is a quarterly statement that is to be given to the Income Tax department. It is necessary to submit the TDS returns on time. TDS return filing can be done completely online. Once the TDS returns are submitted the details will come up on Form 26 AS.
TAN or the Tax Deduction and Collection Number is a mandatory 10 digit alpha number that is to be obtained by all the people who are responsible for deducting tax at source or tax collection at source on behalf of the government. Salaried individuals are not required to obtain TAN or to deduct the tax at the source.
In the case of the proprietorships businesses and other entities are required to deduct tax at the source while making certain payments like the salary, payments to the contractor, payment of rent that is exceeding Rs.2,40,000 per year. Filemydoc.com can help in obtaining the TAN registrations.
The entities that have a valid TAN registration have to file the TDS returns quarterly. Our TDS experts can help in computing the TDS payments and file the TDS returns while complying with the TDS regulations.
* These fields are required.
TDS return filing is done by organizations or employers who have availed a valid tax collection and deduction number (TAN). Any person who is making specified payments mentioned under the Income Tax Act is required to deduct the taxes at the sources and they are needed to deposit the tax within the stipulated time for making the following payments.
As per the IT Act of 1961 filing TDS return is mandatory as well as it fetches some benefits to person or company. A few advantages of submitting a return and knowing the refund status are:
TDS forms are depending on the income of the deductee or the type of deductees paying taxes. The TDS forms are mentioned below :
|Form 24Q||Quarterly||The quarterly statement for TDS from "Salaries"|
|Form 26Q||Quarterly||Quarterly statement of TDS in respect of all payments other than “Salaries”|
|Form 27Q||Quarterly||Quarterly statement of TDS from interest, dividend, or any other sum payments to non-residents|
|Form 27EQ||Quarterly||Quarterly statement of collection of tax at source|
The following documents have to be submitted for filing the TDS returns:
Here is the step-by-step procedure to file the TDS returns online:
Some of the best reasons to choose us are:
1. 3 Working Days: Just share your bank statement and cash transaction details and we'll create the financial statements. In three working days, you'll get your ITR filed.
2. Customer Score: We make your interaction with government as smooth as is possible by doing all the paperwork for you. We will also give you absolute clarity on the process to set realistic expectations.
3. Strong Legal Team: Our team of experienced business advisors are a phone call away, should you have any queries about the process. But we'll try to ensure that your doubts are cleared before they even arise.
It is the duty of the person who is making payment to someone for specified goods or services to deduct TDS and file TDS return. The specified payment includes salary, interest, commission, brokerage, professional fees, royalty, contract payments, etc. The person who deducts TDS is called deductor and the person whose tax is being deducted is called deductee. TDS is not required to be deducted by Individuals and HUF.
Yes. It is mandatory for deductors and employees to submit their PAN as well.
While paying TDS, E-payment is the compulsory process.
Following are the basic duties of any individual who is liable to deduct tax at source.
• He shall obtain Tax Deduction Account Number and quote the same in all the documents pertaining to TDS.
• He shall deduct the tax at source at the applicable rate.
• He shall pay the tax deducted by him at the source to the credit of the Government (by the due date specified in this regard*).
• He shall file the periodic TDS statements, i.e., TDS return (by the due date specified in this regard*).
• He shall issue the TDS certificate to the payee in respect of tax deducted by him (by the due date specified in this regard*). *Refer tax calendar for the due dates.
Payment can be done using net banking online on NSDL by selecting Challan 281. The TDS payments should be made before filing the TDS return. E-payment is compulsory for all Corporate assesses and non-corporate assessees who are liable for audit u/s 44AB. Physical payment can be made using Challan 281 in an authorized bank branch.
It is a document which serves as an annexure to the intimation to be sent to the deductor. Intimation will be sent to the deductor through mail/post but a justification report will have to be downloaded from the portal.
We handle all your messy startup legalities and make you stress-free
Raise service request by simply filling our easy to use online form to get started in 3 seconds.
We instantly assign a dedicated manager for your service who helps you throughout entire job cycle.
Submit required documents, make partial payment & track job progress in realtime.
Get your job done within the timeline provided and start building a great business.
90% Positive Google Reviews with 4.8 overall rating.
“Service is very good. Every problem related to gst, income tax related issues solved in a good manner.”
“Good behaviour of staffs and very co-operative. Service provided by them is good.”
“Excellent service, quick, patienceful and supportive. All our work regarding ITR have been solved.”
“Thankyou Filemydoc.com for incorporating my company in a hassle-free and fastest manner.”
“The company helped to get my GST registered with an ease. Staffs here are well-knowledgeable.”
“Got my trademark in 7 days. Competitive and affordable pricing is their advantage.”
“Company is utilizing technology to provide a hassle-free experience of getting all legal issues solved.”