Small Deductor
Starting from
₹1,499/ quarter
18% GST extra on professional fees
- One quarterly return (24Q, 26Q or 27Q)
- Up to 10 deductees
- Challan matching with OLTAS
- PAN verification of deductees
+ 2 more in this plan
Income Tax
TDS & TCS Return Filing
TAN-based TDS/TCS computation, challan deposits, quarterly returns (24Q, 26Q, 27Q, 27EQ), Form 16/16A and notice correction.
- From ₹1,499 / quarter + GST
- 2–4 working days after complete data; corrections 3–7 working days
- Confidential handling
About TDS & TCS Return Filing
TDS is where small businesses pick up avoidable penalties: a missed 7th-of-month deposit, a wrong PAN, an unfiled quarter. We calculate deductions, check challans, file the quarterly statements and issue Form 16/16A so deductees get their credit and you stay clear of late fee and default notices.
What is TDS & TCS Return Filing?
Tax Deducted at Source requires payers to deduct tax on salary, rent, professional fees, contract payments, interest and other specified payments and deposit it with the government. Tax Collected at Source applies to specified sellers, for example on sale of certain goods. Each deductor or collector holds a TAN and files quarterly statements showing who was paid, how much was deducted and which challan carried the tax.
We handle the full cycle: deciding the right section and rate, tracking the monthly challan, preparing the correct statement (24Q for salary, 26Q for resident non-salary payments, 27Q for payments to non-residents, 27EQ for TCS), validating it with the File Validation Utility, and uploading it. After processing we check the TRACES statement for defaults, and help with correction statements and issuing Form 16 and 16A.
Who needs this service?
You may need it if any of these describe you.
- Employers paying salaries above the basic exemption limit
- Businesses paying contractors, professionals, rent, commission or interest
- Companies, firms and LLPs with a TAN that have not filed past quarters
- Sellers or collectors required to collect TCS
- Deductors who received a default notice or a late-fee demand from TRACES
Benefits
Correct section and rate
Deductions are mapped to the right section (such as 192, 194C, 194J, 194I) with threshold checks.
Challan matching
Every challan is matched to deductee entries so the statement does not carry an unmatched balance.
PAN validation
Deductee PANs are verified to avoid higher-rate deduction and credit mismatch.
Form 16 / 16A on time
Certificates are generated from TRACES for each deductee.
Default clean-up
We review the conso file and clear short deduction, short payment and late-fee defaults.
Quarterly rhythm
We remind you before each filing date and keep an annual summary for audit.
Types of TDS & TCS Return Filing
Form 24Q
Quarterly statement for TDS on salary, with annual Annexure II in the Q4 statement.
Form 26Q
Quarterly statement for TDS on payments other than salary to residents.
Form 27Q
Statement of TDS on payments to non-residents.
Form 27EQ
Quarterly statement of tax collected at source.
Correction statements
Corrections to PAN, challan or amount after processing.
TAN-based Form 16 / 16A
Salary and non-salary TDS certificates downloaded through TRACES.
Eligibility requirements
- You need a TAN; if you do not have one, we can apply for it (see our TAN Application service).
- You must have deposited the tax by challan (ITNS 281) before the quarterly statement can be filed.
- You need the deductee details: PAN, amount paid, date of payment and section, for the quarter.
Documents required
Keep these ready to avoid delays. Send scans or photos over WhatsApp - never share passwords or OTPs.
Deductor details
- TAN and its TRACES / e-filing credentials
- PAN of the deductor and the responsible person
- Previous quarter's statement and provisional receipt number (PRN) if available
Payment details
- Salary sheets and employee PANs (for 24Q)
- Vendor/contractor/professional payments with PAN and invoice details (for 26Q)
- Challan receipts with BSR code, date and serial number
- Lower or nil deduction certificates, if any
Non-resident and TCS cases
- Remittance details and Form 15CA/15CB where applicable
- Tax residency certificate, if the treaty benefit is claimed
- Sale details on which TCS is collected
Step-by-step process
- Data collectionYou send payment registers and challans for the quarter.
- Rate and threshold checkWe apply section-wise thresholds and rates and flag short deductions.
- Statement preparationWe prepare the return in the NSDL/Protean RPU and validate with FVU.
- Upload and tokenThe return is uploaded through the e-filing portal or TIN facility and the token number is stored.
- Processing and defaultsAfter processing, we download the conso file and check the defaults on TRACES.
- Certificates and correctionsForm 16/16A are issued and any correction statement is filed.
Applicable rules & regulations
Plain-English notes. Always verify against the official notification.
| Section / rule / form | What it means |
|---|---|
| Chapter XVII-B, Income-tax Act 1961 | Core TDS provisions (sections 192 to 196), applicable to FY 2025-26; the Income-tax Act 2025 re-enacts them for tax year 2026-27 onwards with renumbered sections. |
| Section 200(3) and Rule 31A | Obligation to file quarterly TDS statements within the prescribed time. |
| Section 234E | Late fee of ₹200 per day until the statement is filed, not exceeding the TDS amount for that statement. |
| Section 201(1A) | Interest on late deduction and late deposit of TDS. |
| Section 271H | Penalty for failure to file or for furnishing incorrect statement, which can be levied alongside the late fee. |
| Section 206C | Collection of tax at source and filing of TCS statements in Form 27EQ. |
Important due dates
Statutory dates can be extended by notification - check the official portal before relying on them.
| Activity | Due date |
|---|---|
| Deposit of TDS for April–February | 7th of the following month |
| Deposit of TDS for March | 30 April (non-government deductors) |
| Quarterly statement: Q1 (Apr–Jun), Q2 (Jul–Sep), Q3 (Oct–Dec), Q4 (Jan–Mar) | 31 July, 31 October, 31 January, 31 May |
| Form 16 (salary) to employees | By 15 June of the following year |
| Form 16A for non-salary TDS | Within 15 days from the due date of the quarterly statement |
Transparent pricing
Plans from our TDS Services Pricing list. Government charges and GST are shown separately.
Growing Business
Starting from
₹2,499/ quarter
18% GST extra on professional fees
- Up to 30 deductees per return
- TDS computation by section
- Short-deduction and late-deduction alerts
- Challan and bank reconciliation
+ 2 more in this plan
Payroll & Contractors
Starting from
₹3,999/ quarter
18% GST extra on professional fees
- 24Q and 26Q together
- Up to 75 deductees
- Salary TDS workings with regime selection data
- Reconciliation with Form 26AS / TRACES
+ 2 more in this plan
Annual TDS Care
Starting from
₹12,999/ year
18% GST extra on professional fees
- All four quarters, any form type
- Up to 100 deductees per quarter
- Quarterly 26AS reconciliation
- Two correction statements in the year
+ 2 more in this plan
Package comparison
| Feature | Small Deductor | Growing Business | Payroll & Contractors | Annual TDS Care |
|---|---|---|---|---|
| Forms covered | One form | One form | 24Q + 26Q | All forms |
| Deductees per return | Up to 10 | Up to 30 | Up to 75 | Up to 100 |
| PAN verification | ||||
| 26AS reconciliation | Annual | Quarterly | Quarterly | |
| Correction statements | 1 | 1 | 2 | |
| Form 16 / 16A | Guidance | |||
| Notice reply | Check only | 1 notice |
Government fees & professional fees
We never mark up government payments.
Professional fee
Starts at ₹1,499 per quarter for up to a small number of deductee entries; higher volumes, corrections, and multi-TAN accounts are quoted separately. 18% GST extra.
Government charges
No government fee for filing TDS returns. Late fee under section 234E, interest under 201(1A) and any penalty apply only on default.
Other costs
TDS itself is deposited by you through challan. Digital signature, if needed for a company statement, is extra.
Rates, thresholds and due dates vary by section and are updated by Finance Acts and CBDT notifications. Confirm on incometax.gov.in and tdscpc.gov.in.
Deliverables
What you receive from us.
- Filed quarterly TDS/TCS statement with token number
- Challan-to-deductee matching sheet
- Form 16 / 16A
- TRACES default report and corrections
- Annual TDS summary
Turnaround time
2–4 working days after complete data; corrections 3–7 working daysTimelines assume complete, correct documents and, where applicable, timely action by the government portal or authority.
Why choose SK Wealth Tax Advisor?
- Experienced Professional SupportEvery file is handled by a person who knows the rules, not a call centre script.
- Transparent & Affordable PricingProfessional fees, government charges and GST are shown separately.
- Timely Filing & ComplianceWe track due dates for you and remind you before they arrive.
- Complete Business SolutionsRegistration, accounting, tax, ROC and licences under one roof.
- Digital & Paperless ServicesShare documents securely online. No office visit needed.
- Personalized Tax PlanningAdvice based on your income, goals and the regime that suits you.
TDS & TCS Return Filing - FAQs
What is the difference between 24Q, 26Q and 27Q?
24Q is for salary TDS, 26Q for payments other than salary to residents (contractors, professionals, rent, interest), and 27Q for payments to non-residents. 27EQ is the TCS statement. The form must match the nature of the payment.
What if I deducted TDS but forgot to deposit it?
Deposit it immediately with interest under section 201(1A). Late deposit also attracts interest, and non-deposit can lead to prosecution under section 276B in serious cases. File the statement only after the challan is correct.
Why is TDS credit not showing in my vendor's 26AS?
Common reasons are an unfiled statement, wrong PAN, an unmatched challan or a different section. We run a conso check and file a correction statement.
What late fee applies to a missed quarter?
Section 234E charges ₹200 per day until the return is filed, capped at the TDS amount for the statement. A penalty under section 271H can be separate, so file as early as possible.
Do I need to file a nil TDS return?
If no TDS was deducted in a quarter, there is generally no statement to file. If tax was deducted, a statement is required even if the amount is small.
Is TAN mandatory?
Yes. Every person who deducts or collects tax must obtain a TAN (section 203A) and quote it in statements, challans and certificates.
Get started with TDS & TCS Return Filing
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Contact us
- +91 98765 43210
- Chat on WhatsApp
- info@skwealthtax.com
- A-123, Sector-18, Rohini, New Delhi – 110085
- Mon – Sat: 10:00 AM – 7:00 PM