TDS Compliance & Filings

Tax Deducted at Source (TDS) obligations apply to a wide range of payments — from salaries and contractor payments to rent, interest, and professional fees. Errors in TDS deduction, deposit, or reporting can attract penalties, interest, and disallowance of expense deductions for the payer. We manage the complete TDS compliance cycle — from determining the applicability and applicable rate, deducting the correct amount, ensuring timely deposit with the government, filing quarterly TDS returns in the prescribed forms, and providing TDS certificates to deductees. We also advise on lower deduction certificates and handle correction statements where needed.

Key highlights:

• Determination of TDS applicability and rates across all payment categories
• Timely deposit of TDS with the government within due dates
• Quarterly TDS return filing (Forms 24Q, 26Q, 27Q, and 27EQ)
• Generation and distribution of TDS certificates (Form 16 and Form 16A)
• Filing of correction statements to rectify errors in previously filed returns