TDS Retun Filing

TDS Return Filing

File your TDS Return. All inclusive price ₹ 3,000/- ₹ 2,000/- per quarter

• TDS Return Filing
• Dedicated manager to process your TDS return end to end
• Online Process
• Free Advice

File your TDS Return

Call/What's App: 9711690276

From: ₹2000.00

Select Expert

Select ExpertTDS Return Filing in IndiaTDS Return Filing in DelhiTDS Return Filing in NarelaTDS Return Filing in BurariTDS Return Filing in TimarpurTDS Return Filing in Adarsh NagarTDS Return Filing in BadliTDS Return Filing in RithalaTDS Return Filing in BawanaTDS Return Filing in MundkaTDS Return Filing in KirariTDS Return Filing in Sultan Pur MajraTDS Return Filing in Nangloi JatTDS Return Filing in Mangol PuriTDS Return Filing in RohiniTDS Return Filing in Shalimar BaghTDS Return Filing in Shakur BastiTDS Return Filing in Tri NagarTDS Return Filing in WazirpurTDS Return Filing in Model TownTDS Return Filing in Sadar BazarTDS Return Filing in Chandni ChowkTDS Return Filing in Matia MahalTDS Return Filing in BallimaranTDS Return Filing in Karol BaghTDS Return Filing in Patel NagarTDS Return Filing in Moti NagarTDS Return Filing in MadipurTDS Return Filing in Rajouri GardenTDS Return Filing in Hari NagarTDS Return Filing in Tilak NagarTDS Return Filing in JanakpuriTDS Return Filing in VikaspuriTDS Return Filing in Uttam NagarTDS Return Filing in DwarkaTDS Return Filing in MatialaTDS Return Filing in NajafgarhTDS Return Filing in BijwasanTDS Return Filing in PalamTDS Return Filing in Delhi CantonmentTDS Return Filing in Rajinder NagarTDS Return Filing in New DelhiTDS Return Filing in JangpuraTDS Return Filing in Kasturba NagarTDS Return Filing in Malviya NagarTDS Return Filing in R K PuramTDS Return Filing in MehrauliTDS Return Filing in ChhatarpurTDS Return Filing in DeoliTDS Return Filing in Ambedkar NagarTDS Return Filing in Sangam ViharTDS Return Filing in Greater KailashTDS Return Filing in KalkajiTDS Return Filing in TughlakabadTDS Return Filing in BadarpurTDS Return Filing in OkhlaTDS Return Filing in TrilokpuriTDS Return Filing in KondliTDS Return Filing in PatparganjTDS Return Filing in Laxmi NagarTDS Return Filing in Vishwas NagarTDS Return Filing in Krishna NagarTDS Return Filing in Gandhi NagarTDS Return Filing in ShahdaraTDS Return Filing in SeemapuriTDS Return Filing in Rohtas NagarTDS Return Filing in SeelampurTDS Return Filing in GhondaTDS Return Filing in BabarpurTDS Return Filing in GokalpurTDS Return Filing in MustafabadTDS Return Filing in Karawal NagarTDS Return Filing in MumbaiTDS Return Filing in RajasthanTDS Return Filing in Haryana Clear

(TDS Return Filing)

TDS Meaning

TDS stands for ‘Tax Deducted at source’. TDS is a source of collecting tax by Income tax department at the time when a transaction takes place. TDS is required to be deducted at the time of payment or bill booked, whichever is earlier. 
 

How to avoid TDS

If a person whose total income in a financial year will be below the exemption limit, he can ask the payer not to deduct TDS by submitting Form 15G/15H.

Employee does not need to pay tax if he gives investment proof to his employer for claiming deductions of H.R.A, 80C, 80D, Interest on Home loan etc. and after investment his total taxable income is below taxable limit.

Due date for deposit TDS

Due date for depositing TDS is month end within 7 days; for the month of March, due date is 30 April.

 

Interest for late TDS deposit

For late deposit of TDS, 1.5% per month interest applicable from the date of deduction. If TDS is not deducted 1% per month interest applicable.                                                                 

  TDS Rate

Section	Nature of Payment	Cut off Amount	Individual/ Huf	Company/
				Partnership
194	Dividend	5K	10%
194 A	Interest	Bank 10k	10%
		Other = 5k
194 C	Contractor	1 Lac p.a.	1%	2%
		30 K per contract
194H	Commission/Brokerage	15K p.a.	5%
194 I	Rent           Building	2.40 Lac p.a.	10%
	Other		2%
194I B	Rent Paid by Individual/ Huf other than those covered u/s 44AB	50000	5%	-
194 J	Professional Charges	30k p.a.	10%
194 J	Professional Charges technical Services	30k p.a.	2%
192 B	Salary		As per Income Tax Slab
194 IA	Purchase of Immovable Property (Other than agriculture land)	50 Lac	1%

• TDS on Transporter is nil if transporter owing upto 10 goods carriage
• No education cess and surcharge applicable on TDS
• If pan no. not mention 20% TDS rate applicable
• No. TDS deduct for person fill form 15G and 15H
• Contractor include Airline, C & F Agent, Courier, Restaurant booking, Recruitment agency, FDR (Commission & Brokerage), Electrician, Repair & Maint., Cha Agent, Advertisement services, Security Agency, Job Work
• TCS @ 0.1%  on sale of goods in excess of 50 lakh rupee in a year by a seller whose turnover is more than 10 crore rupees

TDS Return

TDS return is a quarterly statement and is required to be submitted by deductor electronically. TDS return filingmust be filed by every person who has deducted TDS.   There are following  types TDS forms:

• Form 24Q :  For the statement for tax deduction at source from salary (salary TDS)
• Form 26Q:   For the statement for tax deduction source (TDS) from everywhere except for the salary.
• Form 24QB :  For the statement for tax deduction at source from transfer of immovable property
• Form 27Q:   For the statement for the tax deduction of source from other means of earning like interests from savings or fixed deposits, dividend funds or any other sum payable. 
• Form 27EQ:   For the statement for the tax deduction of TCS

The return statement of quarterly TDS must be accompanied with a signed in form number 27A. These are to be filed by those deducting or collecting along with quarterly statements. It’s a summary of TDS return filing or TCS returns that are containing the totals of amount that’s paid and the income tax that’s deducted at source

Due date for filing TDS Return

Due date for filing TDS return is Quarter end within next month; For March month, due date is 31 May.

Penalty for late filing TDS return

For late filing of TDS return Rs. 200/- per day penalty applicable. However, the penalty shall be limited to the actual TDS amount.

TDS Return Filing Process

Step – I

The data structure (file format) in which the e-TDS / e-TCS return is to be prepared has been notified in https://www.tin-nsdl.com/services/etds-etcs/etds-rpu.html

 

Step – II

e-TDS/e-TCS return in accordance with the file formats is to be prepared in clean text ASCII format with 'txt' as filename extension. e-TDS/e-TCS return can be prepared using Return Preparation Utility provided by NSDL or any other third party software

 

Step – III

Once the file has been prepared as per the file format, it should be verified using the File Validation Utility (FVU) provided by NSDL

 

Step – IV

In case file has any errors the FVU will give a report of the errors. Rectify the errors and verify the file again through the FVU.

 

Step – V

Generated .fvu file can be submitted at TIN-FC or uploaded at http://incometaxindiaefiling.gov.in


For a professional opinion, please get in touch with us at: 9711690276