TDS Return Filing

TDS Return Filing :

Complete your TDS Return Filing Online 

  • Apply of TAN
  • Payment of TDS Timely
  • Preparation of TDS return filing Statements
  • Filing of TDS Return in Time
Get Started with Rs. 749/-
TDS Return Filing

TDS Return Filing

All you need to know

TDS or Tax Deducted at Source is a source of collecting tax by Government of India when a payment transaction takes place. The TDS tax is required to be deducted by the payer at the time money is credited to the payee’s account or at the time of payment, whichever is earlier.

In case of payment of salary or life insurance policy, tax is deducted at the time of only payment. The deductor then deposits this TDS amount to the TAN number issued by the Income Tax (I-T) department. Through TDS, some portion of your tax is automatically paid to the I-T department. So, TDS is considered as a way of reducing tax evasion.

Tax is deducted usually over a range of rates from 1% to 30%.

Due Dates for Payment of TDS

What is TDS Return Online Filing ?

Aside from keeping the expense, the deductor ought to likewise document a TDS return.

TDS return is a quarterly assertion to be given to the I-T office. It is necessary for deductors to present a TDS return on schedule. The subtleties needed to document TDS returns are:

  • NAME of the Business
  • PAN Number of Business
  • BUSINESS TYPE
  • ADDRESS of Business
  • EMAIL ID Business
  • MOBILE NUMBER Business
    MANAGER DETAILS ( HE OR SHE MUST HAVE A DSC )
  • NAME
  • FATHER NAME
  • PAN number
  • ADDRESS
  • EMAIL ID
  • MOBILE NUMBER

Due Dates of TDS Return Filing ?

TDS/TCS Statement > Online Filing
Step – I
The data structure (file format) in which the e-TDS / e-TCS return is to be prepared has been notified in https://www.tin-nsdl.com/services/etds-etcs/etds-rpu.html

Step – II
e-TDS/e-TCS return in accordance with the file formats is to be prepared in clean text ASCII format with ‘txt’ as filename extension. e-TDS/e-TCS return can be prepared using Return Preparation Utility provided by NSDL or any other third party software

Step – III
Once the file has been prepared as per the file format, it should be verified using the File Validation Utility (FVU) provided by NSDL

Step – IV
In case file has any errors the FVU will give a report of the errors. Rectify the errors and verify the file again through the FVU.

Step – V
Generated .fvu file can be submitted at TIN-FC or uploaded at https://www.incometax.gov.in/iec/foportal/ website

For Online upload of TDS/TCS Statement, registration of organisation at https://www.incometax.gov.in/iec/foportal/ is mandatory