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TDS Return 

TDS return is filing on quarterly basis and it is mandatorily required by all persons and entities who have deducted tax at source. TDS have to be deposited through “Challan No. ITNS 281” before the due date, whether It can be deposited online or manually at authorized bank.

TDS Return Form

Form No. Particulars
Form 24Q Statement of TDS deducted from Salaries
Form 26Q Statement of TDS deducted on all payments other than Salaries
Form 27Q Statement of TDS deducted from Interest, Dividend or any other sum paid to Non Resident
Form 27EQ Statement of collection of tax at source

Interest charged under section 201-A- The interest amount will be calculated on monthly basis not day to day basis, part of month will be calculated as full month.
  1. Non Deduction of TDS- 1% per month from the date on which TDS was due till the date it was deposited.
  2. TDS deducted but not deposited- 1.50% per month from the date of deduction till the date it was deposited.

Penalty for Delay or Non filling of TDS Return-
  1. Late filing Fees- Under Section 234E, an Assessee has to pay Rs. 200 per day for late filling of return till the date return has not been submitted. The penalty should not exceed the total amount of TDS.
  2. Non Filling Fees- Under Section 271H, an Assessee has not filled return within one year from the due date or incorrect filling of TDS return, the penalty should not be less than 10,000 or more than Rs. 1,00,000.

Our rates are for preparation & filling of TDS Return on quarterly basis-
  1. Nil Return Rs. 800/- per quarter per return
  2. Up to 10 transactions Rs. 1000/- per quarter per return
  3. Up to 20 transactions Rs. 1500/- per quarter per return*
  4. Up to 50 transactions Rs. 2500/- per quarter per return*
  5. up to 100 transactions Rs. 5000/- per quarter per return*

* Rates may vary subject to the number of deductees/transactions

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