TDS Return Filing Service | Savlana Init

TDS Services · Return Filing

TDS Return Filing — Accurate. On Time. Every Quarter.

Quarterly TDS returns filed correctly and on time — covering salary, contractor payments, rent, interest, and all TDS-liable transactions with full reconciliation and challan verification.

Every person liable to deduct Tax Deducted at Source (TDS) under the Income Tax Act, 1961 must file quarterly TDS returns — statements that report the TDS deducted, the deductees, and the challans under which the deducted tax was deposited with the government. Accurate, timely filing of these returns is critical: it determines the TDS credit visible in the deductee’s Form 26AS and directly affects their tax liability computation.

TDS returns are required to be filed quarterly on Form 24Q (salary TDS), Form 26Q (non-salary domestic TDS), Form 27Q (TDS on payments to non-residents), and Form 27EQ (TCS returns). The due dates are fixed — late filing attracts a mandatory fee under Section 234E of ₹200 per day, capped at the total TDS deducted. Errors in filed returns require formal correction statements, which must be filed before the TDS credit can appear correctly in the deductee’s account.

We manage the entire TDS return filing cycle — from gathering the data and verifying challans to preparing the return, validating it through NSDL/TRACES, and filing it on time. We also handle correction statements when errors are identified post-filing.

Our TDS Return Filing Services

Quarterly Return Filing (24Q / 26Q / 27Q / 27EQ)

Timely preparation and filing of all applicable quarterly TDS statements for salary, non-salary, non-resident, and TCS transactions.

Challan Verification & Reconciliation

Matching of challan details (BSR code, date, serial number, amount) against OLTAS records and TDS data to prevent mismatches.

Deductee Data Compilation

Collection and verification of PAN, payment amounts, TDS rates, and deductee details for each transaction covered in the return.

Return Validation & Filing

Validation of the return file through the FVU (File Validation Utility) and upload to the TRACES/TIN portal within the due date.

Correction Statement Filing

Preparation and filing of correction statements (C1, C2, C3, C4, C5, C9) to rectify errors in previously filed TDS returns.

Form 16 / 16A Generation

Generation and issuance of TDS certificates in Form 16 (salary) and Form 16A (non-salary) from the TRACES portal for deductees.

Lower Deduction Certificate Tracking

Management of Form 13 lower deduction certificates received from deductees and correct application of the lower rate in returns.

Section 234E Default Management

Monitoring of filing deadlines to prevent late filing fees and handling of defaults where late filing has occurred.

Our Process

Data Collection

We gather all TDS deduction data — payment details, PAN of deductees, challan information, and applicable TDS rates — for the quarter.

Challan Reconciliation

All TDS challans are matched against OLTAS records to verify correctness of BSR codes, amounts, and deposit dates.

Return Preparation & Validation

The TDS statement is prepared in the prescribed format, validated through the FVU, and checked for any errors before filing.

Timely Submission

The validated file is uploaded to the TRACES/TIN portal before the due date, and the provisional receipt is obtained and retained.

Form 16/16A & Follow-Up

TDS certificates are generated from TRACES after filing is accepted, and any queries from deductees or the department are addressed promptly.

Why It Matters

✓On-time filing prevents Section 234E late filing fees

✓Accurate challan reconciliation prevents mismatch defaults

✓Correct TDS credit in deductees’ Form 26AS

✓Correction statement support for past filing errors

✓Form 16 and 16A generation directly from TRACES

✓Lower deduction certificate compliance

✓Quarterly deadline tracking and proactive reminders

✓Complete TDS compliance calendar management

Frequently Asked Questions

For Q1 (April–June): 31 July. For Q2 (July–September): 31 October. For Q3 (October–December): 31 January. For Q4 (January–March): 31 May (for 24Q/26Q) or 15 June (for government deductors). These dates are subject to CBDT extensions when notified.

A mandatory fee of ₹200 per day is levied under Section 234E for each day of delay, subject to a maximum equal to the total TDS deducted during the quarter. This fee is not waivable — it is charged automatically.

Late deposit of TDS attracts interest at 1.5% per month (or part of a month) from the date of deduction to the date of deposit. Additionally, failure to deposit TDS can attract prosecution under Section 276B, which is a serious criminal provision.

Errors in filed TDS returns are corrected by filing correction statements (C-level corrections) through the TRACES portal. Different correction types (C1 to C9) address different categories of errors — challan corrections, deductee details, PAN corrections, and so on.

No. TDS credit appears in a deductee’s Form 26AS only after the deductor files the quarterly TDS return. If the return is not filed or is filed with errors, the deductee’s Form 26AS will not reflect the correct credit, and they may face a tax demand despite TDS having been deducted.

Yes. In addition to Section 234E, the AO can levy a penalty under Section 271H for failure to file a TDS return on time — ranging from a minimum of ₹10,000 to a maximum of ₹1,00,000. This is a discretionary penalty and may be imposed alongside the mandatory Section 234E fee.

TDS returns to file this quarter?

Deadlines are fixed and fees are automatic. Let us handle the data, reconciliation, and filing — on time, every quarter, without fail.