Compliance Alert: Late filing of TDS returns attracts a strict penalty of ₹200 per day under Section 234E until the return is filed.
Expert TDS Reconciliation

Seamless TDS Return Filing. Avoid ₹200/Day Penalty.

Whether you need to file Form 24Q for salaries or Form 26Q for vendor payments, our TRACES experts ensure 100% accurate data entry and timely submission.

Zero Deductions

Nil TDS Return

/ quarter

If you hold a TAN but did not deduct any tax during the quarter, you must still file a Nil return or declaration.

  • Filing of Nil Declaration
  • Avoids automated notices
  • Zero Challan Processing
  • Proof of Filing provided
Regular Business Plan
Form 24Q / 26Q

Regular TDS Return

/ quarter onwards

Complete end-to-end processing for salaries, vendor payments, rent, and professional fees.

  • Data Entry & Validation
  • Challan Mapping (Oltas)
  • Generation of Form 16 / 16A
  • Revision & Correction Support
Avoid Late Fees
Error-Free Mapping
Form 16/16A Issuance
Statutory Laws

Why is TDS Filing Mandatory?

Tax Deducted at Source (TDS) ensures regular cash flow to the government. Failing to deduct or file leads to extreme consequences for your business.

Consequences of Non-Filing

The Income Tax Department strictly monitors TAN holders. Non-compliance results in:

  • Late Filing Fee (234E): A mandatory fee of ₹200 for every day the return is delayed, up to the total TDS amount.
  • Interest (201A): Interest at 1.5% per month if TDS is deducted but not paid to the government on time.
  • Expense Disallowance: Under Sec 40(a)(ia), 30% of your business expense will be disallowed if TDS is not deducted/filed.

Who Needs to File & Which Form?

Any business (Company/LLP) or audited Proprietorship making specified payments must deduct tax and file returns.

Form 24Q: For TDS deducted on Employee Salaries (Sec 192).
Form 26Q: For TDS on Rent, Professional Fees, Contracts, Commission (Sec 194).
Form 26QB: For TDS on the sale/purchase of Immovable Property.
Compliance Calendar

Quarterly TDS Deadlines

TDS Returns (24Q, 26Q) must be filed quarterly. Delaying past these dates instantly triggers the ₹200/day penalty.

Quarter 1

Apr - Jun

First quarter of the financial year.

Due Date 31st July

Quarter 2

Jul - Sep

Second quarter of the financial year.

Due Date 31st Oct

Quarter 3

Oct - Dec

Third quarter of the financial year.

Due Date 31st Jan

Quarter 4

Jan - Mar

Final quarter of the financial year.

Due Date 31st May

Required Information

To accurately map your challans and generate Form 16/16A, we will need the following details uploaded to your vault.

TAN & TRACES Login

Your company's Tax Deduction Account Number and portal credentials.

Deductee Details

PAN, Name, and amount paid to each employee, vendor, or contractor.

TDS Payment Challans

BSR Code, Date of Deposit, and Challan Serial Number for tax deposited.

Don't have a TAN yet?

It is illegal to deduct TDS without a valid Tax Deduction Account Number (TAN). If you are a new business, we can help you obtain your TAN registration instantly.