All TDS Returns for one year
*The price is exclusive of any amount payable to Government/Regulatory Authorities and GST.
All TDS Returns required to be filed by the entity will be filed by us for the year
Services covered :
- Registration on TRACES
- PAN Verification
- Preparation of Form 24Q/26Q/27Q (TDS Return) for one year
- Review of Forms by an expert
- Challan Verification
- Form 16/16A Generation
Documents Required :
- TAN and PAN of Deductor
- PAN of Deductee
- Details relating to date of payment and deduction, amount of payment and nature of payment to each deductee
- Challan Details
- Lower Deduction Certificate, if any
Which TDS Returns are covered in this service?
This services is for filing Form 24Q, 26Q and 27Q for 1 year (4 Quarters).
What is 24Q TDS return?
Form 24Q is used for preparing e-TDS returns for the TDS deducted on salary under Section 192 of the Income Tax Act, 1961. It has to be submitted on a quarterly basis by the deductor, however payment of TDS has to be done on Monthly basis. It contains details like salaries paid and the TDS deducted of the employees by the employer.
What is Form 26Q?
Form 26Q is used for preparing e-TDS returns for the TDS deducted on all payments made to residents other than salary. It has to be submitted on a quarterly basis by the deductor, however payment of TDS has to be done on Monthly basis.
What is form 27Q?
Form 27Q is filed by the deductor while making payments, other than salary, to Non-resident (NRI). Form27Q is to be submitted on a quarterly basis by the deductor, however payment of TDS has to be done on Monthly basis.
What is the Due Date for filing of TDS Returns?
Due Date for filing of TDS Returns (i.e. form 24Q, 26Q and 27Q) for quarter April to June is 31st July, for quarter July to September is 31st October, for quarter October to December is 31st January and for quarter January to March is 31st May.
What is the Due Date for payment of TDS?
Due date for Payment of TDS is 7th of the next month following the month in which deduction was made.
For E.g. Due date of TDS Payment for TDS deducted in May will be 7th June
However for the month of March the due date for TDS Payment is 30th April
How much is the interest for late payment of TDS?
If TDS is not deducted and paid interest will be 1% per month from the due date of deduction to Actual date of deduction.
If TDS is deducted but not paid interest will be 1.5% per month from the actual date of deduction to actual date of payment
What if Forms/TDS Returns are filed late? Is there any late fee or penalty?
Fees for late filing is Rs. 200 per day until the return is filed. Maximum late fees shall not exceed the TDS amount
In addition to late fees payable, Assessing Officer (AO) may charge a penalty of minimum of Rs. 10,000 and up to Rs. 1,00,000 maximum.
Will Expense will disallowed if TDS not deducted or Paid?
If a person liable to deduct and pay TDS fails to do so then the expense will be disallowed to the extent of 30% for payments made to resident Indian and 100% for payments made to non residents
However if TDS is deducted during the year and paid before due date of filing of ITR no expense will be disallowed.
Is revised return covered under this service?
Revised return filing on account of incorrect information provided by the assessee during the original return filing shall not form part of the plan.
Extremely delightful for the services provided by you, thanks a lot in filling my return in short time.
Must take a moment to recognise and appreciate Yash who was managing my papers . He is a diligent and patient guy but on the same hand also persuasive . Appreciate these traits . Wish him all the best .
I used to previously file my ITR through a professional, but I never understood why am I paying interest in my ITR even though I had filed my returns before due date. So, I went to AJVA for Tax Consultation they explained to me why I am paying interest and guided me on the Advance Tax concept and now I give them the required estimation of income and pay advance tax. It has helped me save a lot of money and avoid interest.
I wished to file my ITR at minimal cost, so I was convinced to file it by myself. During filing I came across a lot of queries but ignored it as didn’t seem much important. However, I received a notice from IT department as I had filed a defective return. To resolve this, I contacted AJVA, they not only resolved the issue but also guided me on how to file and where I went wrong.
I run an MSME but I was unaware what is the importance of Udyam Registration Certificate and the process, after consulting AJVA I learned that it is an identity certificate which is mandatory for all MSME’s for recognition. Thankfully I registered as a MSME in time with the help of AJVA and appreciate the co-ordination from the AJVA team.
I had started a new business but I had a lot of queries on how to Incorporate a company, where to apply, what documents are required and lot of other questions. The procedure was complicated and a time taking activity, I was hesitant to hire a professional for the incorporation process. Thankfully I found AJVA and they handled the entire Incorporation process and helped me complete the same in a timely manner.
[contact-form-7 id="3051" title="Footer Enquiry Form"]