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TDS Return Filling

at Just

2360

Expected To Be Complete* : 21-Nov-2025

Price Summary

Market Price 3000
Our Price 2000 excl. GST

2360 incl. GST
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Documents Required for TDS Return Filing

The below-mentioned documents are required for filing the TDS Return:-

  • General Documents
  • TAN (Tax Collection and Deduction Account Number) and PAN of the taxpayer.
  • Date of Incorporation of the Business.
  • Tenure for which the TDS is to be filed.
  • Last TDS filing details.
  • Form 16 and a Salary Certificate received from the Employer by the employee.
  • Interest Income
  • Passbook/Bank statement for interest on savings account
  • Income statement of Interest for fixed deposits
  • TDS certificates issued by the banks & other
  • Capital Gains
  • Particulars of investment in the Capital Gains Accounts Scheme
  • Sale & Purchase Deed of the property as well as stamp valuation of the property (for building/land)
  • Deed of Re-investment purchase for claiming the exemption from Capital Gains
  • Credentials for the cost of an improvement on the property (if any improvement is made)
  • Particular expense that has been acquired on transfer
  • Stock statement in case of the trading in shares etc. (specifying sale & purchase value of shares)
  • In the matter of other capital assets, the cost of purchase, cost of improvement, the value of a sale, if any)
      • Section 80 Investments: Section 80C investment documents: - The investment made under PPF, NSC, ELSS, ULIPS, and LIC qualifies for deductions under Section 80C
      • House Property
      • Co-owner details, if the property is co-owned
      • Address of the said property
      • Property Tax, Rent details
      • The Interest certificate issued by the bank for the housing loan
      • Tax Savings Investments
      • PPF passbook
      • Tuition fees receipts
      • Repayment certificate for housing loan
      • Donation receipts (along with PAN of the donee)
      • Fixed deposit receipts
      • Deposit receipts for senior citizen saving scheme.
      • Life and medical insurance payment receipt
      • Others
      • Receipts of any income from winning the horse races, lottery, etc
      • Details of accrued interest on NSC during the year
      • Dividend amount warrants/
      • Bank Passbook/Statement or interest income certificate
      • PPF passbook for interest
      • Interest certificates on bonds
      • Rent agreement for building, plant & machinery, etc. given on rent (if any)

Procedure for TDS Return Filing

The TDS Return filing contains the details of total TDS deducted and the amount deposited by Deductor, TAN/PAN of the Deductor and Deductee, challan information, etc.

The step-by-step process to file a TDS return is given below:

Step 1: Preparation of TDS Return Form: The applicant needs to prepare the TDS Return in the format prescribed by the Income-tax Department.

Step 2:Submission of Form along with necessary documents: The applicant must submit the form and the necessary documents at the nearest TIN Facilitation Centre.

Step 3:Verification of Form and Documents by the Authority: The authority shall verify all the documents, and if there is a need for any corrections, the authority will reject the form and provide a memo stating the reason for rejection.

Step 4: Issue of Receipt of Acknowledgment: The authority will provide the receipt of acknowledgement once the applicant corrects all the information.

Penalties in case of Default made by the Deductor while Filing TDS Return

If an individual or entity fails to file, the TDS Return by the due dates as prescribed has to bear the below-mentioned penalties.

Late TDS Return Filing as Per Section 234E

 Rs. 200 every day for such TDS return filing failure continues. However, the late fees shall not exceed the amount of the TDS Return filing.

Note: Before filing the TDS Return, the late return filing fee must be deposited.

Penalty under Section 271H

The authority has the power to issue orders to the defaulter to pay the penalty, which can be a minimum of Rs. 10,000 up to the maximum of Rs.1 lakh.

Note-This penalty is in addition to the late TDS return filing fees mentioned above.

What are the Benefits of TDS Return Filing?

Following are some benefits of TDS Return Filing:

  • Prevents Evasion of Taxes: Timely TDS Return Filing helps the government track the records of the inflow of Income which prevents people from evasion of taxes.
  • TDS isused for the welfare of the Nation: The TDS Return filing amount is utilized for the welfare of the Nation. It ensures a steady source of revenue for the Government.
  • Less Burden of Taxpayer: TDS is paid quarterly, so there is no burden of paying the lump sum tax at once. Due to this, the burden of the taxpayer as well as the tax collection agencies is reduced.
  • Facilitates Smooth Collection of Tax: TDS Return facilitates a smooth collection of the tax used for welfare purposes. It is convenient for the Deductee as Tax is automatically deducted.

Important Points to Know before Filing the TDS Return

  • Form 27A must be duly filled.
  • Verification of form with the e-TDS return filing 
  • Particular of the amount paid and the TDS must be correctly filled in all the forms, including Form No. 27A, Form No. 24, Form No. 26 and Form No. 27.
  • Do not forget to mention the Tax Deduction Account Number (TAN) in Form No. 27A.
  • Ensure that particulars relating to the depositing of TDS have been mentioned accurately.
  • Mention all the details recommended by the authority.
  • TDS return has to be filed properly
  • TDS returns forms are submitted at any TIN-FCs managed by NSDL.

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