Quaterly TDS Salaries Return

TDS Return

All assessee who has deducted TDS has to file Quarterly TDS return with NSDL with the deductions during that quarter. TAN and PAN are pre-requisites for filing the TDS returns. There are four types of forms each for specific type of deductions. These returns are made in electronic medium & filed with facilitation centres.

TDS due dates

Due dates for filing TDS Return (both online as well as physical) is as follows: –

Quarter Due Date for Form 24Q & Form 26Q Form 27Q Form 27EQ
April to June 31st July 31st July 15th July
July to Sept 31st Oct 31st Oct 15th Oct
Oct to Dec 31st Jan 31st Jan 15th Jan
Jan to March 31st May 31st May 15th May

TDS rate chart

See Annexure A

TDS penalties

  1. Late filing of TDS return: INR 200 per day till the time the default continues but not exceeding the total amount of tax deducted. (as per Section 234E).
  2. Non filing of TDS return: If the TDS return is not filed within one year from the due date of filing the return, then a penalty not less than INR. 10,000/- and not more than INR. 100,000/-

Our Services

Our services includes:

  1. Computation &Quarterly Filing of four TDS Returns as applicable with NSDL/Traces.
  2. Assistance in the correction or rectification of TDS returns with TRACES website.

Why us?

  • Experienced and qualified professionals handling your assignment – QUALITY GUARANTEED
  • We understand your business & will meet & beat your due dates – STEP WISE UPDATE & FOLLOW-UP
  • We use latest technology platforms to deliver the services in prompt & accurate manner – TECH SAVVY
  • Our efficiency will help you to get the services in your budget – ALL INCLUSIVE

Pricing

Particulars Fees
Services as defined above INR 3000/- only

For a customized quote on the above service please submit your details here GET QUOTE

Annexure A

TDS Rate ChartTDS Rates Applicable for Persons Resident in India (General cases)
PARTICULARS TDS RATE (%)
section 192: payment of salary normal slab rate
section 193: interest on securities. 10
section 194: dividend other than the dividend as referred to in section 115-o 10
section 194a: income by way of interest other than “interest on securities” 10
section 194b: income by way of winnings from lotteries, crossword puzzles, card games and other games of any sort 30
section 194bb: income by way of winnings from horse races 30

section 194c: payment to contractor/sub-contractors.

a)   huf/individuals

b)   others

 

 

1

2

section 194d: insurance commission 5
section 194da: payment in respect of life insurance policy 1
section 194ee: payment in respect of deposit under national savings scheme 10
section 194f: payment on account of repurchase of unit by mutual fund or unit trust of india 20
section 194g: commission, etc., on sale of lottery tickets 5
section 194h: commission or brokerage 5

section 194-i: rent on a) plant & machinery

b) land or building or furniture or fitting

(a) 2

(b) 10

section 194-ia: payment on transfer of certain immovable property other than agricultural land

 

section 194 -ib   :  rent payable by an individual or huf not covered u/s. 194i (w.e.f from 01.06.2017)

1

 

 

5

(w.e.f from 01.06.2017)

(if payment of rent 

exceeds rs. 50,000/- pm. )

section 194j: any sum paid by way of: fee for professional services and technical services 10
section 194la: payment of compensation on acquisition of certain immovable property 10
section 194lba: certain income distributed by a business trust to its unit holder 10
any other income 10