TDS Return Filing

LegalsExpert offers comprehensive Tax Deducted at Source (TDS) return filing services to assist businesses in meeting their compliance obligations with the Income Tax Department of India. TDS is a mechanism through which tax is deducted at the source from certain types of payments, such as salaries, interest, rent, and contractor payments, and remitted to the government. Our specialized services ensure accurate and timely filing of TDS returns, helping businesses fulfill their tax responsibilities effectively. Our TDS Return Filing Services Include:

1. TDS Data Compilation: We assist businesses in compiling data related to TDS deductions made during the relevant period, including details of deductees, deduction amounts, and TDS payment particulars.
2. TDS Return Preparation: Our expert team prepares TDS returns, including Form 24Q for salaries, Form 26Q for non-salary payments to residents, Form 27Q for payments to non-residents, and Form 27EQ for TCS (Tax Collected at Source), ensuring compliance with regulatory requirements.
3. Verification and Validation: We verify the accuracy and completeness of TDS data before filing returns, ensuring that all necessary details are correctly captured and reported as per Income Tax rules and guidelines.
4. Filing of TDS Returns: We electronically file TDS returns with the Income Tax Department through the designated portal, adhering to the prescribed formats and submission timelines to avoid penalties for late filing.
5. TDS Compliance Advisory: Our team provides expert advice and guidance on TDS compliance matters, including changes in TDS rates, thresholds, and reporting requirements, helping businesses stay updated on regulatory developments.
6. TDS Certificate Issuance: We assist in issuing TDS certificates, such as Form 16 for salaries and Form 16A for non-salary payments, to deductees, ensuring timely compliance with TDS certificate issuance requirements.
7. Resolution of TDS Notices and Queries: In case of TDS notices or queries from the Income Tax Department, we provide support in preparing responses, gathering relevant documents, and resolving any issues with tax authorities.

Benefits of Choosing LegalsExpert for TDS Return Filing:

• Expertise: Our team comprises experienced tax professionals with in-depth knowledge of TDS rules, regulations, and procedures.
• Accuracy: We ensure accurate and error-free filing of TDS returns, minimizing the risk of penalties or fines for non-compliance.
• Timeliness: We file TDS returns within the prescribed timelines, avoiding penalties for late filing and ensuring compliance with regulatory requirements.
• Efficiency: We streamline the TDS return filing process, saving businesses time and resources while ensuring regulatory compliance.
• Comprehensive Support: We offer end-to-end support throughout the TDS return filing cycle, from data compilation and preparation to filing, compliance advisory, and query resolution.

At LegalsExpert, we understand the importance of proper TDS compliance for businesses. Contact us today to learn more about our TDS return filing services and how we can assist your business in meeting its tax obligations effectively.