Checklist
Documents required for TDS & Tax Compliance
Keep these ready (clear photos or PDFs are fine) and share them on WhatsApp or email.
TDS / TCS Return Filing
- TAN and TRACES login
- Challan details of TDS deposited
- Deductee-wise payment details (PAN, amount, date)
- Salary details (for Form 24Q)
- Lower deduction certificates, if any
Advance Tax & Compliance Calendar
- PAN and income tax portal login
- Estimated income for the year
- Books of accounts or monthly sales and expenses
- Previous year ITR
Who it is for
Who needs this service?
- 01Companies, LLPs and firms deducting TDS on salaries, rent, contracts or professional fees
- 02Businesses required to collect TCS
- 03Taxpayers liable to pay advance tax
- 04Businesses that received TDS default notices
How it works
Step-by-step process
- 01 Share TAN, challans and deductee details each quarter
- 02 Deductions and rates verified for each payment
- 03 TDS / TCS return prepared and filed
- 04 Form 16 / 16A generated from TRACES and shared
- 05 Advance tax estimated and due dates tracked
Typical timeline: Quarterly returns are filed before the due dates: 31 July, 31 October, 31 January and 31 May for the four quarters.
Deliverables
What you receive
- Filed TDS / TCS returns with acknowledgement
- Form 16 and Form 16A
- Advance tax computation and challans
- Tax compliance calendar
FAQs
TDS & Tax Compliance: frequently asked questions
What are the TDS return due dates?
Quarterly TDS returns are generally due by 31 July, 31 October and 31 January for the first three quarters and by 31 May for the last quarter, subject to any extension notified by the government.
What is the penalty for late TDS returns?
A late filing fee of ₹200 per day applies under Section 234E, capped at the TDS amount, and a penalty can also apply under Section 271H. Interest is charged separately for late deduction or deposit.
Which TDS return form applies to us?
Form 24Q is for TDS on salaries, 26Q for other payments to residents, 27Q for payments to non-residents and 27EQ for TCS. We file whichever apply to your payments.
When is advance tax payable?
In instalments by 15 June (15%), 15 September (45%), 15 December (75%) and 15 March (100%) of the estimated tax, where the tax payable for the year after TDS is ₹10,000 or more.
Keep exploring
