TDS Return
Number of Entries (Quarterly Filing) | Fee (₹) |
---|---|
Up to 25 Entries | ₹3,000 |
Up to 50 Entries | ₹4,000 |
Up to 100 Entries | ₹5,000 |
Up to 200 Entries | ₹8,000 |
Up to 400 Entries | ₹10,000 |
TDS Return refers to the statement that an individual or a business (deductor) needs to file after deducting Tax Deducted at Source (TDS) from payments such as salaries, interest, rent, or professional fees. The deductor must deposit the deducted tax with the government and file a TDS return periodically, providing details of the TDS deducted and deposited.
₹10,000.00
Number of Entries (Quarterly Filing) | Fee (₹) |
---|---|
Up to 25 Entries | ₹3,000 |
Up to 50 Entries | ₹4,000 |
Up to 100 Entries | ₹5,000 |
Up to 200 Entries | ₹8,000 |
Up to 400 Entries | ₹10,000 |
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TDS Return refers to the statement that an individual or a business (deductor) needs to file after deducting Tax Deducted at Source (TDS) from payments such as salaries, interest, rent, or professional fees. The deductor must deposit the deducted tax with the government and file a TDS return periodically, providing details of the TDS deducted and deposited.
Key components of TDS Return include:
1. The amount of TDS deducted from various payments.
2. PAN details of the deductor and the deductees.
3. Payment details, such as the type of income (salary, interest, etc.).
4. Date of TDS deduction and deposit with the government.
TDS returns need to be filed quarterly, and different forms are used based on the nature of the payment:
– Form 24Q: For TDS on salaries.
– Form 26Q: For TDS on all payments other than salaries (e.g., professional fees, interest, rent).
– Form 27Q: For TDS on payments to non-resident Indians (NRIs).
– Form 27EQ: For TCS (Tax Collected at Source) returns.
Filing a TDS return ensures that the deductor has complied with the tax regulations, and it allows the deductee to claim the TDS deducted as credit while filing their income tax return.