TDS Return Filing
RecommendedProfessional assistance and application support included.
PricingContact us
<h1>Please Wait..</h1>
File your Tax Deducted at Source (TDS) returns accurately and on time.
Select the option that matches your requirement. Our team will confirm the scope before starting your application.
Professional assistance and application support included.
Government fees and third-party charges apply where mentioned.
Tax Deduction at Source refers to deducting tax from income at the point of payment. Individuals and entities that deduct tax at source are legally required to deposit the tax and file quarterly TDS returns within the prescribed due dates.
TDS returns provide details of the deductions made during the quarter. Accurate and timely filing helps deductors meet their tax obligations and enables deductees to receive the corresponding tax credit.
LegallensIndia assists with TDS calculation, online payment, return preparation, validation, filing, and documentation management.
Tax Deducted at Source is a mechanism in which the payer, known as the deductor, deducts tax when making a specified payment to the recipient, known as the deductee.
TDS can apply to payments such as salary, rent, interest, professional fees, and commission. The deductor deposits the tax with the Government and reports the transaction through the applicable TDS return.
The recipient receives the net amount after deduction but reports the gross income in the income tax return and claims credit for the TDS deposited on their behalf.
Individuals, Hindu Undivided Families, firms, companies, and other entities required to deduct TDS under the Income Tax Act, 1961 must complete the applicable registration and compliance process. The requirement depends on turnover, payment type, and other specified conditions.
TDS deducted from a payment must be remitted to the Government within the prescribed due date. Timely deposit and subsequent return filing help the deductor avoid penalties and other legal consequences.
The supplied content provides the following thresholds and recommends verifying current provisions because the limits may be revised.
| Payment | Threshold |
|---|---|
| Rent under Section 194I | Annual rent exceeding ₹2,40,000. |
| Contractor or Subcontractor under Section 194C | A single payment exceeding ₹30,000 or aggregate annual payments exceeding ₹1,00,000. |
| Professional Fees under Section 194J | Annual payments exceeding ₹30,000. |
| Interest under Section 194A | Annual interest exceeding ₹40,000 for non-senior citizens or ₹50,000 for senior citizens. |
| Salary under Section 192 | Employee's taxable salary exceeding the basic exemption limit. |
TDS rates vary according to the nature of income and may change. The supplied content lists the following basic rates:
| Section | Nature of Payment | Basic Rate |
|---|---|---|
| 192 | Salary | According to the applicable slab. |
| 194A | Interest other than interest on securities | 10% |
| 194C | Payments to contractors or subcontractors | 1% for individuals or HUFs and 2% for others. |
| 194I | Rent for land, building, or machinery | 2% or 10%. |
| 194J | Professional or technical services | 10% |
TDS return filing applies to employers and organisations holding a Tax Deduction and Collection Account Number. It also applies to specified individuals subject to audit under Section 44AB and persons in Government or corporate positions required to complete quarterly filing.
TDS return filing covers transactions involving:
| Quarter | Period | Due Date |
|---|---|---|
| Quarter 1 | April to June | 31 July |
| Quarter 2 | July to September | 31 October |
| Quarter 3 | October to December | 31 January |
| Quarter 4 | January to March | 31 May |
| Form | Periodicity | Particulars |
|---|---|---|
| Form 24Q | Quarterly | TDS statement for salary payments. |
| Form 26Q | Quarterly | TDS statement for payments other than salary. |
| Form 27Q | Quarterly | TDS statement for interest, dividend, or other payments to non-residents. |
| Form 27EQ | Quarterly | Statement of tax collected at source. |
Under Section 192, an employer deducts TDS while paying salary. Form 24Q is filed every quarter with details of salary paid and tax deducted from employees.
Form 26Q reports TDS on payments other than salary. It contains the total payments made during the quarter and the corresponding tax deducted.
Form 27Q reports TDS on payments other than salary made to non-resident Indians and foreign persons. It includes payment and deduction details and is filed quarterly.
Form 27EQ contains details of tax collected at source under Section 206C and is filed quarterly by applicable corporate and Government collectors.
Gather TAN, deductor and deductee PAN details, TDS payment challans, and previous return details where applicable.
Choose Form 24Q, 26Q, 27Q, 27EQ, or another applicable form according to the payment and deductee type.
Download the latest Return Preparation Utility provided for preparing TDS returns.
Enter the deductor, deductee, challan, payment, and deduction details in the RPU and resolve the identified data errors.
Use the File Validation Utility to check the return file against the Income Tax Department's requirements.
After successful validation, generate the final .fvu file for submission.
Log in to the Income Tax e-Filing Portal using TAN, open the TDS filing facility, upload the .fvu file, and attach a DSC where required.
Preserve the acknowledgement received after successful filing for future reference.
A revised TDS return may be required when the original statement contains errors such as incorrect challan information, missing PAN, or an incorrect PAN. Correction helps the tax credit appear properly in Form 16, Form 16A, and Form 26AS.
The deductee claims TDS credit by reporting the TDS details in the income tax return. The correct TDS certificate number and deduction details should be quoted so that the tax credit can be matched during return processing.
Incorrect details can create a discrepancy and affect the availability or processing of the tax credit.
LegallensIndia provides professional guidance throughout the TDS return filing process. Our team helps with tax calculations, form selection, payment records, return preparation, validation, filing, and document management.
Our services support individuals and businesses in meeting filing deadlines and maintaining TDS compliance while reducing the complexity of the process.
Start streamlining your TDS return filing with LegallensIndia today.