TDS / TCS Compliance

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Taxation & GST

TDS / TCS Compliance

End-to-end TDS and TCS compliance — deduction computation, timely deposit, quarterly return filing, Form 16/16A issuance, and default rectification.

What is TDS / TCS Compliance?

Tax Deducted at Source (TDS) and Tax Collected at Source (TCS) are withholding tax mechanisms that make every business a tax collector on behalf of the government. Non-compliance — whether through incorrect deduction, delayed deposit, or late return filing — attracts interest, penalties, and prosecution risk.

AccentTax Consulting provides comprehensive TDS/TCS compliance services that cover the entire lifecycle: identifying applicable TDS sections for each payment, computing the correct deduction, depositing tax on time, filing quarterly returns (Form 24Q, 26Q, 27Q, 27EQ), and issuing Form 16/16A to deductees. We also handle TDS default rectification and responses to TRACES notices.

At a Glance

Who is this for

All businesses making salary payments, contractor payments, rent, professional fees, interest, or any other TDS-applicable payments

Governed by

Income Tax Act, 1961 (Sections 192–206C) | Income Tax Rules | CBDT Circulars | TRACES Portal

Estimated timeline

Monthly deposit: 7th of following month | Quarterly returns: 31 July, 31 Oct, 31 Jan, 31 May

Our fee

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Why Choose This Service?

Key advantages of engaging AccentTax Consulting for TDS / TCS Compliance.

All TDS Sections Covered

Salary (192), contractor (194C), professional fees (194J), rent (194I), interest (194A), property (194IA), and all other applicable sections.

Zero Default Risk

Timely deposit and return filing eliminates interest under Section 201(1A) and penalties under Section 271C.

Form 16 / 16A Issuance

Timely generation and issuance of TDS certificates to all deductees — employees (Form 16) and others (Form 16A).

TRACES Compliance

Registration, challan verification, correction statements, and response to TRACES demand notices handled end-to-end.

How It Works — Our Process

Simple, transparent, and fully managed by our team.

1

Payment Review & TDS Mapping

We review all your payment categories and map each to the applicable TDS section, rate, and threshold.

2

Monthly TDS Computation

Each month, we compute TDS on all applicable payments — salary, contractor, rent, professional fees, and others.

3

Challan Preparation & Deposit

We prepare Challan 281 and ensure TDS is deposited to the government account by the 7th of the following month (30 April for March).

4

Quarterly Return Filing

We prepare and file Form 24Q (salary), 26Q (non-salary), 27Q (NRI payments), and 27EQ (TCS) within the prescribed due dates.

5

Form 16 / 16A Generation

After each quarter, we generate TDS certificates from TRACES and issue them to all deductees within the statutory deadline.

6

Reconciliation & Correction

We reconcile TDS data with Form 26AS of deductees and file correction statements for any mismatches or errors.

We handle everything — you just provide documents.

Documents Required

TAN (Tax Deduction Account Number)
Details of all payments subject to TDS (salary register, vendor invoices)
PAN of all deductees (employees, vendors, contractors)
Bank challan details for TDS already deposited
Previous quarter TDS returns (for continuation)
Lower deduction certificates (Form 13) from deductees, if any
TRACES login credentials (for correction and certificate download)

Don't have all documents ready? Contact us — we'll guide you step by step.

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Estimated Timeline

Monthly deposit: 7th of following month (30 April for March) | Quarterly returns: 31 July / 31 Oct / 31 Jan / 31 May

Form 16 must be issued by 15 June; Form 16A within 15 days of the due date of the quarterly return.

Professional Fee

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All fees exclude 18% GST. Transparent pricing, no hidden charges.

Frequently Asked Questions

What is the penalty for not deducting TDS?
What is the penalty for late TDS deposit?
What is the threshold for TDS on contractor payments (Section 194C)?
How do I handle TDS on rent above ₹50,000 per month?
What happens if a deductee's PAN is not available?

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Tax Audit (u/s 44AB)

Statutory tax audit for businesses above the threshold.

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