TDS Return Filing Service — Form 24Q, 26Q, 27Q Online

TDS returns are filed quarterly: Q1 (April–June) — due July 31; Q2 (July–September) — due October 31; Q3 (October–December) — due January 31; Q4 (January–March) — due May 31. Government deductors have a due date of 15 days from the end of the quarter for Q1–Q3, and April 30 for Q4. Missing these dates attracts ₹200 per day penalty under Section 234E — our team files well before each deadline.

Form 24Q is the TDS return for salary payments — filed by employers who deduct TDS on employee salaries under Section 192. Form 26Q is for all non-salary payments — contractor fees, professional fees, rent, interest, commission, etc. Most businesses file both: 24Q for their employees and 26Q for vendor/contractor payments. Both are filed quarterly on the TRACES portal.

TAN (Tax Deduction and Collection Account Number) is a 10-digit alphanumeric number mandatory for all entities that deduct or collect tax at source. You cannot file TDS returns, deposit TDS challan, or issue Form 16/16A without a TAN. TAN is obtained by applying in Form 49B — it typically takes 7–10 working days. If you do not have a TAN, we can help you get one before starting TDS filing.

Late filing of TDS return attracts a mandatory penalty of ₹200 per day under Section 234E, starting from the due date. This penalty continues until the return is filed, subject to a maximum of the total TDS amount. Additionally, under Section 271H, the Assessing Officer can levy a penalty of ₹10,000 to ₹1,00,000 for deliberate failure to file or for furnishing incorrect information. Both penalties can apply simultaneously.

If TDS is deducted but not deposited to the government by the due date (7th of the following month), interest at 1.5% per month is charged under Section 201(1A) from the date of deduction to the date of deposit. Non-payment of TDS is treated as a criminal offense under Section 276B and can result in rigorous imprisonment of 3 months to 7 years along with a fine. Deposit TDS on time — our team sends monthly reminders.

Form 16 is the TDS certificate issued by employers to their employees for TDS deducted on salary. It has two parts: Part A (generated from TRACES — shows TDS deducted and deposited quarter-wise) and Part B (prepared by the employer — shows salary breakdown, perquisites, and deductions). Form 16 must be issued by June 15 after the financial year ends. Our team generates Form 16 for all employees after Q4 TDS return filing.

Form 16A is the TDS certificate for non-salary payments — issued to vendors, contractors, professionals, landlords, etc. for TDS deducted on their payments. It must be issued within 15 days of the TDS return due date for each quarter. Form 16A is generated directly from the TRACES portal and must bear the TRACES watermark to be valid. Failure to issue Form 16A can attract penalties.

Errors in TDS deduction — wrong rate, wrong PAN, wrong amount — can be corrected by filing a correction return on TRACES. There are different types of corrections (C1 through C9) depending on what needs to be fixed. Correction returns should be filed promptly — prolonged errors can lead to TRACES notices and interest calculations. Our team handles correction returns as part of our TDS service.

No. TDS under the Income Tax Act is deducted on the base amount (excluding GST). For example, if a contractor raises an invoice of ₹1,00,000 + ₹18,000 GST = ₹1,18,000, TDS is deducted only on ₹1,00,000, not on the GST component. The CBDT has clarified this in Circular No. 23/2017. Separately, GST also has a TDS mechanism under Section 51 of the CGST Act applicable to government entities and certain specified recipients — this is different from Income Tax TDS.

A lower deduction certificate (Form 13) is issued by the Income Tax Department allowing a deductee (vendor/employee) to receive payments with TDS at a lower rate or nil rate, if they can prove their total tax liability is lower than the applicable TDS rate. For example, a company expecting heavy losses can apply for a nil TDS certificate so vendors do not deduct TDS on payments to them. Our CA can assist in preparing and filing Form 13 applications.