TDS Return refers to the statement that an individual or a business (deductor) needs to file after deducting Tax Deducted at Source (TDS) from payments such as salaries, interest, rent, or professional fees. The deductor must deposit the deducted tax with the government and file a TDS return periodically, providing details of the TDS deducted and deposited.
TDS Return refers to the statement that an individual or a business (deductor) needs to file after deducting Tax Deducted at Source (TDS) from payments such as salaries, interest, rent, or professional fees. The deductor must deposit the deducted tax with the government and file a TDS return periodically, providing details of the TDS deducted and deposited.
Key components of TDS Return include:
1. The amount of TDS deducted from various payments.
2. PAN details of the deductor and the deductees.
3. Payment details, such as the type of income (salary, interest, etc.).
4. Date of TDS deduction and deposit with the government.
TDS returns need to be filed quarterly, and different forms are used based on the nature of the payment:
– Form 24Q: For TDS on salaries.
– Form 26Q: For TDS on all payments other than salaries (e.g., professional fees, interest, rent).
– Form 27Q: For TDS on payments to non-resident Indians (NRIs).
– Form 27EQ: For TCS (Tax Collected at Source) returns.
Filing a TDS return ensures that the deductor has complied with the tax regulations, and it allows the deductee to claim the TDS deducted as credit while filing their income tax return.
Terms & Conditions
Govt fee Rs 1000 extra to be borne by the client
All tax payments and penalties if any to be borne by the client
Stamp paper and notary should be borne by the client
This pricing is applicable only if the LLP is not having any assets and liabilities.
There will be additional charges if there is BANK ACCOUNT STATEMENT transactions having above 100 entries
DINeKYC & DSC needs to be active till the e-filing status of the LLP changes to “UNDER PROCESS OF STRIKE OFF”.
Separate forms to be filed with MCA for updating of Registered Office address/mail id & and the add/remove partners (additional charges applicable).
LLPs must file FORM-3 within 30 days of incorporation. Failure to do so incurs a penalty, which must be paid before filing FORM-24 for closure of LLP with the MCA.
TDS Return refers to the statement that an individual or a business (deductor) needs to file after deducting Tax Deducted at Source (TDS) from payments such as salaries, interest, rent, or professional fees. The deductor must deposit the deducted tax with the government and file a TDS return periodically, providing details of the TDS deducted and deposited.
Key components of TDS Return include:
1. The amount of TDS deducted from various payments.
2. PAN details of the deductor and the deductees.
3. Payment details, such as the type of income (salary, interest, etc.).
4. Date of TDS deduction and deposit with the government.
TDS returns need to be filed quarterly, and different forms are used based on the nature of the payment:
– Form 24Q: For TDS on salaries.
– Form 26Q: For TDS on all payments other than salaries (e.g., professional fees, interest, rent).
– Form 27Q: For TDS on payments to non-resident Indians (NRIs).
– Form 27EQ: For TCS (Tax Collected at Source) returns.
Filing a TDS return ensures that the deductor has complied with the tax regulations, and it allows the deductee to claim the TDS deducted as credit while filing their income tax return.