Tax Deducted at Source (TDS) is a system introduced by the Income Tax Department where tax is deducted at the source of income. Every individual or business that deducts TDS must file TDS returns quarterly with the government. Failure to file can result in penalties and legal issues.
At India Accountant, we provide expert TDS Return Filing services to help you stay compliant and penalty-free.
What is TDS Return Filing?
TDS Return Filing involves submitting a quarterly statement to the Income Tax Department, showing:
- TDS deducted on payments (like salary, rent, interest, etc.)
- PAN details of deductees
- Type and amount of payments
- Challan details of TDS deposited
Who Needs to File TDS Returns?
- Companies
- Partnership Firms
- Proprietors (if liable to deduct TDS)
- Individuals or HUFs (if subject to tax audit)
- Employers paying salaries
- Businesses paying contractors, rent, commissions, etc.
Types of TDS Return Forms
- Form 24Q – TDS on salaries
- Form 26Q – TDS on all payments other than salaries
- Form 27Q – TDS on payments to non-residents
- Form 27EQ – TCS (Tax Collected at Source)
TDS Return Filing Due Dates
- Q1 (Apr–Jun): 31st July
- Q2 (Jul–Sep): 31st October
- Q3 (Oct–Dec): 31st January
- Q4 (Jan–Mar): 31st May
Penalties for Late Filing
- ₹200 per day for late filing under Section 234E
- Additional penalty from ₹10,000 to ₹1,00,000 under Section 271H for incorrect or non-filing
Why Choose India Accountant?
- End-to-end TDS management
- Accurate calculation and timely filing
- PAN validation and form preparation
- TDS payment challan generation
- Reconciliation with Form 26AS
- Expert support for notices and corrections
Contact Us for TDS Return Filing
Avoid penalties and stay compliant with expert TDS filing services from India Accountant.
Email: info@indianaccountant.in
Website: indianaccountant.in
Phone: 917310106210
Timely and accurate TDS returns—File with confidence, file with India Accountant.