ETDS Returns
Easiest, Quickest and Cost-Effective Way To TDS Return.
Required Documents for the preparation of Projection Report:
- Experts will manage your online TDS return filing
- Experts will guide you on rates, provisions of deduction and all related to TDS.
- Experts will make sure you never miss due dates and comply with provisions of TDS
TDS or Tax Deducted at Source is income tax reduced from the money paid at the time of making specified payments such as rent, commission, professional fees, salary, interest etc. by the persons making such payments.
Usually, the person receiving income is liable to pay income tax. But the government with the help of Tax Deducted at Source provisions makes sure that income tax is deducted in advance from the payments being made by you.
The recipient of income receives the net amount (after reducing TDS). The recipient will add the gross amount to his income and the amount of TDS is adjusted against his final tax liability. The recipient takes credit of the amount already deducted and paid on his behalf.
Filing Tax Deducted at Source returns is mandatory for all the persons who have deducted TDS. TDS return is to be submitted quarterly and various details need to be furnished like TAN, amount of TDS deducted, type of payment, PAN of deductee, etc. Also, different forms are prescribed for filing returns depending upon the purpose of the deduction of TDS. Various types of return forms are as follows:
Form 26QTDS on all payments except salaries
Q1 - 31st July
Q2-31st October
Q3-31st January
Q4-31st May
Form No |
Transactions reported in the return |
Due date |
Form 24Q |
TDS on Salary |
Q1-31st July
Q2-31st October
Q3-31st January
Q4-31st May
|
Form 27Q |
TDS on all payments made to non-residents except salaries |
Q1-31st July
Q2-31st October
Q3-31st January
Q4-31st May
|
Form 26QB |
TDS on sale of property |
30 days from the end of the month in which TDS is deducted |
Form 26QC |
TDS on rent |
30 days from the end of the month in which TDS is deducted |