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TDS / TCS Filing
Your Compliance Partner

Quarterly returns and TRACES management. Accurate and timely TDS/TCS compliance is essential to ensure seamless credit flow and protect your business from significant statutory interest and penalties.

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Statutory Overview

Tax Deducted at Source (TDS) is a system where a person responsible for making specified payments is required to deduct tax.

Failure to file these returns correctly results in vendor dissatisfaction and heavy interest charges from the department.

We handle the entire cycle from payment vetting to quarterly return filing and Form 16/16A generation.

Precise TDS/TCS management is vital for maintaining corporate integrity. Compliance Katta provides a rigorous verification process to ensure every deduction is accurate and every return is filed well within statutory timelines, protecting you from cumulative interest and disallowed expenses.

Ensures vendors get tax credit
Zero interest liability on delays
Clean financial records
Avoidance of Section 234E late fees

Eligibility & Applicability

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Employers
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Firms paying professional fees
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Real Estate developers
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Any entity with a valid TAN

Official Mandate Under Law

TDS/TCS provisions apply to all deductors/collectors including Individual/HUF (subject to audit), Partnership Firms, LLPs, Private Limited Companies, and Government Entities. Anyone responsible for paying specified sums like salary, professional fees, rent, or contract payments above prescribed limits must obtain a Tax Deduction and Collection Account Number (TAN) and comply with quarterly filing requirements.

Documentation Checklist

Registration & Profile

  • TAN Certificate copy
  • PAN of the Entity
  • Digital Signature (DSC) of Authorized Signatory
  • Login details for TRACES portal

Transaction Data

  • Monthly Payment & Deduction Register
  • TDS/TCS payment challans
  • Salary statement with employee PANs (for Form 24Q)
  • Vendor PAN details and invoices (for Form 26Q/27Q)

Historical Records

  • Previous quarter's acknowledgment (if applicable)
  • Pending TDS defaults summary from TRACES

Our Execution Roadmap

1

Data Collection & Validation

Gathering monthly transaction data and verifying PAN validity of deductees to prevent 20% high-rate deductions.

2

Return Preparation

Drafting quarterly returns (24Q, 26Q, 27Q, 27EQ) using latest FVU tools and ensuring challan matching.

3

Technical Review

Rigorous cross-verification of data by senior tax consultants to identify potential errors or interest leakages.

4

Portal Filing

Official submission of the return on the Income Tax portal and TRACES system.

5

Post-Filing Support

Generation and distribution of TDS certificates (Form 16/16A) and handling subsequent justifications for defaults.

The Katta Advantage

10+ Years of veteran professional experience
Deep technical expertise in TRACES portal management
100% accuracy in challan matching and PAN validation
Strict adherence to quarterly deadlines to avoid per-day late fees
Proactive coordination with your internal finance team
Comprehensive support for handling historical defaults

We provide actionable intelligence, not just document processing.

Why Choose Compliance Katta

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Uncompromising Accuracy

Identifying data vetting errors others overlook.

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Process-Driven Approach

Eliminating guesswork with structured roadmaps.

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Proactive Risk Shield

Identifying statutory gaps before they manifest.

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Seamless Coordination

Working as an extension of your existing staff.

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End-to-End Handling

Taking full ownership of your legal obligations.

FAQs

What is the penalty for late filing of TDS returns?
A late fee of ₹200 per day is applicable under Section 234E until the return is filed, subject to a maximum of the total TDS amount for that quarter.
What happens if I deduct tax but forget to deposit it?
Non-payment of deducted tax is a serious offense that attracts interest at 1.5% per month and can lead to prosecution under the Income Tax Act in extreme cases.
Is it mandatory to file a Nil TDS return?
While not strictly mandatory if no tax was deducted, filing a Nil return or declaring a 'Nil statement' on the portal is recommended to prevent unwarranted system-generated notices.
How do you ensure my vendors get the credit for tax deducted?
By ensuring the correct PAN is quoted in the return and filing on time, the tax credit will automatically reflect in the vendor's Form 26AS and AIS.