Form 24Q — Salary TDS Returns. Filed Correctly Every Quarter.
Quarterly salary TDS returns under Section 192 — accurate employee-wise TDS computation, Form 12BB reconciliation, challan matching, and Form 16 generation from TRACES.
Contact UsForm 24Q is the quarterly TDS return filed by employers for tax deducted from employees’ salary under Section 192 of the Income Tax Act, 1961. It is one of the most complex TDS returns because it requires employee-wise income and deduction data, correct application of slab rates, integration of Form 12BB declarations, and reconciliation across all four quarters of the financial year.
The Q4 return (for the January to March quarter) is particularly important: it contains the complete annual salary, deductions, and tax computation for each employee in Annexure II, and forms the basis for generating Form 16 — the salary TDS certificate that employees need for their income tax filings. Errors in Q4 Form 24Q directly translate to errors in Form 16 and mismatches in employees’ AIS/Form 26AS.
We manage the complete Form 24Q lifecycle for employers — from collecting employee Form 12BB data and computing monthly TDS to filing quarterly returns, generating challans, validating through FVU, filing within deadlines, and generating Form 16 from TRACES for all employees after Q4 filing.
Our Form 24Q Services
Monthly Salary TDS Computation
Employee-wise monthly TDS computation under Section 192, incorporating salary components, Form 12BB deductions, and applicable slab rates.
Form 12BB Integration
Processing of employees’ Form 12BB declarations — HRA, LTA, Section 80C-80U deductions — for correct TDS computation throughout the year.
Quarterly Form 24Q Filing
Preparation, FVU validation, and timely filing of Q1, Q2, Q3, and Q4 Form 24Q returns with accurate employee and challan data.
Challan Reconciliation
Matching of monthly TDS challans with OLTAS records before inclusion in each quarterly return.
Form 16 Generation
Generation of Form 16 (Part A from TRACES, Part B from employer) for all employees after Q4 Form 24Q is accepted.
Correction Statement Filing
Preparation and filing of correction statements for errors in previously filed Form 24Q returns, including PAN corrections and amount corrections.
Year-End Reconciliation
Final reconciliation of total salary paid, TDS deducted, TDS deposited, and amounts declared across all four quarters before Q4 filing.
New Regime vs Old Regime TDS
Correct application of the applicable tax regime (new or old) for each employee based on their option declaration.
Our Process
Payroll Data Collection
We collect monthly salary data, Form 12BB declarations, perquisite valuations, and challan details for the quarter.
TDS Computation & Verification
Employee-wise TDS is computed and reconciled with amounts already deducted in the payroll system.
Challan Reconciliation
TDS challans are matched against OLTAS records and any discrepancies are resolved before return preparation.
FVU Validation & Filing
The quarterly return is prepared, validated through FVU, and filed on the TIN-NSDL portal within the due date.
Form 16 Generation
After Q4 acceptance, Form 16 Part A is downloaded from TRACES for all employees, merged with employer-prepared Part B, and issued.
Why It Matters
Frequently Asked Questions
Form 24Q returns to manage?
Employee-wise TDS computation, quarterly filing, and Form 16 for every employee — we run the full salary TDS cycle so you stay compliant all year.
