TAN Registration & TDS Return Filing

SILVER

NIL DATA TDS RETURN

1300 /-(Includes)

  • Nil & Zero Entry
    • +
  • TAN Registration

GOLD

NORMAL TDS RETURN

2300 /-(Includes)

  • Less than 100 Entries
    • +
  • TAN Registration

PLATINUM

Voluminous TDS Return

5200 /-(Includes)

  • From 100 Entries to 500 Entries
    • +
  • TAN Registration

TDS Return Filing and TDS Due Date

TAN or Tax Deduction and Collection Number (TAN) is mandatory 10 digit alpha number required to be obtained by all persons who are responsible for Tax Deduction at Source (TDS) or Tax Collection at Source (TCS) on behalf of the Government. Tax deducted at source (TDS) ensures that the Government’s collection of tax is proponed and the responsibility for paying tax is diversified. The person deducting the tax at source is required to deposit the tax deducted to the credit of Central Government – quoting the TAN number. Individuals who are salaried are not required to obtain TAN or deduct tax at source. However, a proprietorship business and other entities (i.e., Private Limited Company, LLP, etc.,) must deduct tax at source while making certain payment like salary, payments to contractor or sub-contractors, payment of rent exceeding Rs.1,80,000 per year, etc. Finlegalforte can help obtain TAN Registration.

Those entities have TAN Registration must then file TDS returns. TDS returns are due quarterly Finlegalforte can help you file e file your TDS returns online. Our TDS experts can help you compute your TDS payments and e file the TDS return and keep you in compliance with TDS regulations. Use Remin Due to know more about your due dates for TDS return filing due date and TDS payment due date.

Documents Required For TDS Returns

1.   Copy of TDS Challans Deposited
2.   PAN of Deductees
3.   Amount of TDS Deducted and date of deduction
4.   Exemption Certificates if TDS is not deducted on any payments
5.   Nature of expense for which TDS is deducted
6.   Bank Statements and Invoices as supporting to check payments (Optional)

 

Person Required To File ETDS Return Filing Due Dates

Following person are liable to file ETDS/ETCS return:

1.   All Government department/office or
2.   All companies.
3.   All person required to get his accounts audited under section 44AB in the immediately preceding financial year; or
4.  The number of deduces’ records in a quarterly statement for any quarter of the immediately preceding financial year is equal to or more than fifty.

BENEFITS OF TAN REGISTRATION & TDS RETURN FILING

TIMELY PAYMENT OF TAXES

TDS is also most beneficial for the Government as it ensures timely payment of taxes from people earning salaries.

EASY TO COLLECT

TDS is a simple method of tax collection. The calculation for all the workers can be performed in a simple and fast manner with the assistance of the various tax calculators accessible online.

QUICK

TDS can be calculated for all employees in a quick and easy manner with the help of different tax calculators available on-line. These are easy to use, cost effective and they save a lot of time as well. There is no paper work involved as it can all be done on-line.

EASE OF FORMATION

A Private Limited Company can be formed by two persons only, by complying with the prescribed formalities of the Companies Act. With INC 29, this is the fastest way to register a company

EASE OF FORMATION

A Private Limited Company can be formed by two persons only, by complying with the prescribed formalities of the Companies Act. With INC 29, this is the fastest way to register a company

EASE OF FORMATION

A Private Limited Company can be formed by two persons only, by complying with the prescribed formalities of the Companies Act. With INC 29, this is the fastest way to register a company

FREQUENTLY ASKED QUESTION

HOW TO APPLY TAN?

Every deductor is required to obtain a unique identification number called TAN (Tax Deduction Account Number) which is a ten digit alpha numeric number. This number has to be quoted by the deductor in every correspondence related to TDS. It can be obtained by filing an application in form no. 49B to any of the TIN facilitation Centers (TIN-FC) namely NSDL. An applicant will fill Form 49B online and submit the form along with the fee for processing TAN application. A confirmation screen with all the data filled by the applicant will be displayed. On confirmation, an acknowledgment screen will be displayed. Save and print this acknowledgment.

Your acknowledgment and demand draft, if any, should reach NSDL within 15 days from the date of online application and sign within the box provided in the acknowledgment. For applicants other than ‘Individuals’, the authorised signatory shall sign the acknowledgment and affix the appropriate seal or stamp. Once you have applied online, documents showing your ‘proof of identity’ and ‘proof of address’ need to be sent over post/courier to NSDL – TAN Application division along with acknowledgment.

Once the documents and application are verified & confirmed by the department the TAN number will be communicated to the Deductor by NSDL.

Quarterly return will be filed online with user id & password with Digital signature of Authorized person and we can also file return online and then submit Form 27 & 27A to the department by physically signing the form.

The due dates for filing TDS quarterly Returns are:
  • Q1 1 Apr - 30 June 15th July
  • Q2 1 July - 30 Sept 15th Oct
  • Q3 1 Oct - 31 Dec 15th Jan
  • Q4 1 Jan - 31 Mar 15th Apr

Non Payment leads to Interest@ 1.50% p.m. or 18% p.a. from the date on which tax is deducted to the date of its payment. Failure to file quarterly TDS Returns in time late fee @ Rs. 200/- per day maximum of TDS amount) Section 234E.

The certificate in Form 16 & 16A should be issued within one month from the end of the month/Year in which the return is filled.

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