Every person liable to deduct tax at source is liable to file a return of tax deducted at source i.e TDS Return. ‘Person’ can be Company, firm, LLP, Individual liable to tax audit in the previous financial year etc.
Tax deducted by the deductor has to be paid to the Govt. account within 7 days from the end of the month of deduction.
TDS Return is to be filed once for every quarter of the financial year.
- The due dates for filing the TDS Returns for various quarters are as follows:
| S.No. | Date of ending of quarter of Financial Year | Quarter of the Financial Year | Due date for filing TDS Returns |
| 1. | 30th June | 1st Qtr | 31st July of the financial Year |
| 2. | 30th September | 2nd Qtr | 31st October of the financial Year |
| 3. | 31st December | 3rd Qtr | 31st January of the financial Year |
| 4. | 31st March | 4th Qtr | 31st May of the financial Year immediately following the financial year in which the deduction is made |
There is a late fee of Rs. 200/- per day(limited to the amount of TDS) u/s 234E of the Income Tax Act’1961 for delay in filing the TDS Return.
After filing the returns, The TDS Certificates in form 16 and 16A are to be downloaded and issued to the deductees/payees within 15 days from the due date for filing the TDS Returns.
There is a late fee of Rs. 100/- per day for delay in furnishing the TDS certificates in form 16 and 16A.
Our Tax experts will file your TDS returns.
| Collection of Documents Collection of necessary documents for the preparation of TDS return |
Computation of TDS We will compute the TDS and prepare the challan for payment of TDS. |
||
| Payment of challan of TDS Payment of TDS in challan ITNS 281 by the client. |
Filing of TDS Returns Preparation and filing TDS return with the Income Tax department. |
||
Contact us for filing your TDS Returns