TDS Return Filing

TDS Return Filing

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Intro

₹ 2799/-

All-inclusive Price for Upto 10 Entries

  • Expert Assistance
  • Filing of TDS Return Online
  • Call, Chat(WA),& Email Support
  • Frequent Updates through your filingbee account
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Base

₹ 4899/-

All-inclusive Price for Upto 20 Entries

  • Expert Assistance
  • Filing of TDS Return Online
  • Call, Chat(WA),& Email Support
  • Frequent Updates through your filingbee account
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Pro

₹ 6499/-

All-inclusive Price for Upto 30 Entries

  • Expert Assistance
  • Filing of TDS Return Online
  • Call, Chat(WA),& Email Support
  • Frequent Updates through your filingbee account
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As per the following timeline, your selected plan will be processed

Day 1-2

We collect necessary information & documents for TDS Return filing

Day 3-4

We reconcile the information and prepare TDS Return.

Day 5-6

We proceed to submit the TDS Return online and share acknowledgement with you.

Finally

Government Processing Time.

An Overview on TDS Return Filing

To ensure quick and efficient collection of taxes, the Income Tax Law has incorporated a deduction system of taxation at the point of generating income. This is known as “Tax Deducted at Source,” commonly referred to as TDS. In this system, tax is deducted from the source of income. Payers deduct tax and remit it to the government on behalf of the payee. TDS online enables the deductor to file the returns to the authority within the prescribed time.

The tax deduction provisions at source apply to several payments such as salary, interest, commission, brokerage, professional fees, royalty, contract payments, lottery, etc.

An Overview on TDS Return Filing

The TDS return summarises all tax deductions at source made by the individual to the income tax department during the quarter. It contains the entries of TDS deducted by the deductor and deposited with the government. The statement contains various details, including the PAN of the deductor and the deductee, along with details of all TDS paid to the government and the TDS Challan information.

What happens after the TDS deduction?

Deposit TDS with Government

The deductor must deposit TDS with the government within a certain period (7th day of the next month, 30th day of April for March).

File TDS Return

In addition to filing TDS returns (quarterly), the deductor must include the financial details of all deductees for whom TDS was deducted during the quarter.

Updation of 26AS

Once the government receives the TDS amount, the Form 26AS of the deductee is updated with the tax deposited details.

Issue of TDS Certificates & ITR Filing

The deductee (or payee) then considers the Form 26AS and claims the TDS credit therein when he submits his income tax return for the relevant year. This ultimately reduces their total tax liability to be paid via an income tax return (and in some cases result in tax refund/TDS refund).

What are different forms under TDS Return Filing?

Form 24Q

TDS statement for salaries deducted at source (quarterly)

Form 26Q

TDS statement for tax deducted at source in respect of all payments except ‘salaries’ (quarterly)

Form 27Q

Tax deduction statement for interest, dividends, or any other payment to a non-resident. (quarterly)

Form 26QB

Challan summation of a statement of tax deduction under Section 194-IA.

Form 26QC

Challan cum statement of deduction of tax u/s 194-IB.

Form 27EQ

Quarterly statement of collection of tax at source (TCS)

List of Documents Required for Company Registration in India

  • PAN Card of All Directors/Shareholders
  • Aadhar card and Voter ID/ Passport/ Driving License
  • Latest Telephone Bill /Electricity Bill/ Bank Account Statement
  • Notarized, Rent Agreement of the registered office should be provided, if any.
  • No-Objection letter from the Owner of Address to use the address of the registered office of the Company

Here Are Some Frequently Asked Questions

What are the requirements for company registration in India?

The number of members must be between 2-200.
Two directors are necessary, of whom at least one must be Indian.
And two shareholders. In this case, a shareholder may also serve as a director. The registered office address for a business must be in India.

The number of members must be between 2-200.
Two directors are necessary, of whom at least one must be Indian.
And two shareholders. In this case, a shareholder may also serve as a director. The registered office address for a business must be in India.

The number of members must be between 2-200.
Two directors are necessary, of whom at least one must be Indian.
And two shareholders. In this case, a shareholder may also serve as a director. The registered office address for a business must be in India.

The number of members must be between 2-200.
Two directors are necessary, of whom at least one must be Indian.
And two shareholders. In this case, a shareholder may also serve as a director. The registered office address for a business must be in India.

The number of members must be between 2-200.
Two directors are necessary, of whom at least one must be Indian.
And two shareholders. In this case, a shareholder may also serve as a director. The registered office address for a business must be in India.