A TDS (Tax Deducted at Source) return is a quarterly statement summarizing all TDS-related transactions during a specific quarter. It includes details about the TDS collected and deposited with the Income Tax Authority by the deductor. The key information disclosed in a TDS return includes:
- PAN details of both the deductor and the deductee
- Particulars of TDS paid
- Challan details
These details are reflected in the payee’s Form 26AS. TDS returns Filing is mandatory for individuals who fall under the tax slabs specified by the Income Tax Department.
Eligibility for TDS Return Filing?
Entities with a valid TAN (Tax Deduction and Collection Account Number) are required to TDS returns filing. This includes employers and organizations, as well as individuals whose accounts are audited under Section 44AB of the Income Tax Act.
Those responsible for deducting TDS can include:
- Individuals
- Hindu Undivided Families (HUFs)
- Limited companies
- Local authorities
- Associations of individuals
- Partnership firms
- Government entities
Dates to File TDS Returns Filing
The dates for TDS Payment are as follows
Quarter 1 |
31st July |
Quarter 2 |
31st October |
Quarter 3 |
31st Jan |
Quarter 4 |
31st May |
Why Choose Our eTDS Return Filing Services in Mohali?
Acute Networks is a leading company based in Chandigarh, operating as a PKI and IT solution provider since the year 2014. It is a well-known name in the areas of Digital Signature Certificates, NSDL PAN Cards, eTender procurement, e-bidding and other IT solutions under the IT Act 2000. Acute therefore is a one-stop service provider that offers varied IT solutions like Digital Signature Certificate(DSC), eTendering, NSDL-PAN related services, and much more. The company is also authorized to appoint channel partners or Direct Sales Partners anywhere in India.
- Authorized Expertise: As an authorized partner, we bring specialized knowledge and experience in eTDS return filing in Mohali, ensuring compliance with the latest tax laws and regulations.
- Comprehensive Support: Whether you're an individual, a small business, or a large organization, we provide tailored solutions to meet your specific TDS filing needs.
- Timely Filing: We ensure that your TDS returns are filed well within the due dates, helping you avoid penalties and interest.
- Accurate Processing: Our team meticulously handles all aspects of TDS return filing, including data verification, computation of tax, and submission to the Income Tax Department.
Our eTDS Return Filing Services Include:
- TAN Registration Assistance: If you don't have a TAN, we help you obtain one swiftly.
- Quarterly TDS Return Filing: Filing of TDS returns for all types of deductors, including employers, companies, HUFs, and government entities.
- Form 27A and FVU Format Uploading: We assist in uploading Form 27A in FVU format, ensuring your returns are in the correct format and compliant with government requirements.
- Correction of TDS Returns: In case of any errors or discrepancies, we assist in correcting and refiling your TDS returns.
- Form 16/16A Generation: We generate Form 16 and Form 16A for your employees and vendors, ensuring they have the necessary documents for tax filing.
- TDS Compliance Support: Ongoing support and advisory services to help you stay compliant with TDS regulations.