TDS returns filed every quarter, with Form 16 and 16A on time.

Our fee starts at from ₹1,499 per quarter per quarter for one return with up to 50 deductees, including challan verification and Form 16 or 16A generation. The yearly plans cover all four quarters with rate advice on each payment and lower deduction certificate support. Late fees under Section 234E, if you have any, are paid to the government at cost.

Two to three working days from the payment register to the filed return, most of it spent matching challans and validating PANs. The quarterly return is due on 31 July, 31 October, 31 January and 31 May; we start two weeks after the quarter ends. Form 16A follows within 15 days of the due date, and Form 16 by 15 June.

Every company, LLP and partnership firm, and any individual or HUF whose business was under tax audit in the previous year, must deduct TDS on payments above the section thresholds (as per the current Finance Act) and hold a TAN. Individuals outside audit deduct only on property purchases above ₹50 lakh (Form 26QB) and rent above ₹50,000 a month (Form 26QC), without a TAN.

Deposit the TDS deducted in a month by the 7th of the next month, and by 30 April for March. File the quarterly return by 31 July, 31 October, 31 January and 31 May. Issue Form 16A within 15 days of each return due date and Form 16 to employees by 15 June. Property TDS in Form 26QB is due within 30 days of the month end.

₹200 for every day the quarterly return is late, from the due date until it is filed, capped at the TDS amount in the return. It is a fee, not a penalty, so it cannot be waived and must be paid before the return is accepted. A return more than a year late can also draw a penalty of ₹10,000 to ₹1 lakh under Section 271H.

Interest is 1% per month or part of a month from the date TDS should have been deducted until it was, and 1.5% per month or part of a month from deduction until deposit. Because part months count as full months, a deposit on the 8th instead of the 7th can cost 3% of the tax. Interest is paid through the same challan.

Form 24Q reports TDS on salaries, with the employee-wise salary and tax details that feed Form 16. Form 26Q reports TDS on all other payments to residents: rent, contractors, professional fees, commission, interest. Form 27Q reports payments to non-residents under Section 195. A business that pays both salaries and vendors files 24Q and 26Q every quarter.

Form 16 goes to every employee by 15 June, after the fourth-quarter 24Q is filed. Form 16A goes to every other deductee within 15 days of each quarterly return's due date. Both are generated on TRACES from the filed return, so a late or incorrect return delays the certificates and the credit your vendors and staff see in Form 26AS.

A certificate under Section 197 that lets a payee receive payments at a lower or nil TDS rate because their actual tax liability is lower. The payee applies in Form 13 on TRACES with projected income; the officer issues it for the year. It is common for loss-making companies, NRIs selling property and vendors with thin margins. We support the application and the deductor-side setup.

Contractors 1% for individuals and 2% for others (194C); professional fees 10% (194J); rent 10% for buildings and 2% for machinery (194I); commission 2% (194H); salary at slab rates (192). Without a PAN, 20% applies. Each section has its own threshold, as per the current Finance Act; we confirm the rates and thresholds for your payments on the call.

Yes. A correction statement can add a missed challan, fix a PAN, change an amount or add a deductee, using the consolidated file downloaded from TRACES. There is no fee for a correction, but interest on any short deduction still applies. For a shortfall where the payee has already paid tax on the income, Form 26A can remove the deductor's liability.

Apply for one now in Form 49B; it takes about a week. Every quarter of TDS that should have been deducted is still due with interest, and each unfiled return runs the 234E clock from its original due date up to the TDS amount. We list the missed quarters, compute the interest and fees, and file them in order so the exposure stops growing.