TAX DEDUCTION AT SOURCE

TDS Compliance & Return Filing Services in Dwarka, New Delhi

Tax Deducted at Source (TDS) is a statutory obligation under the Indian income tax law. It applies when certain payments, such as salary, professional fees, contract charges, rent, interest, or property consideration, are made. TDS compliance is not limited to deduction alone. It also includes timely deposit of tax, correct return filing, and issuance of TDS certificates to the deductee.

At Vivek Tiwari & Company (Tiwariv), based in Dwarka Sector 23B, we assist individuals, businesses, and organisations with complete TDS compliance & return filing, ensuring accuracy, timeliness, and legal clarity, saving you time and avoiding penalties.

COMPLIANCE IMPORTANCE

Why TDS Compliance Matters

TDS is a key monitoring tool for the Income Tax Department. Even a slight delay or clerical error can trigger late fees, interest, or notices, so precise handling reassures clients about staying compliant.

In practice, we often see issues such as incorrect PAN, wrong challan mapping, delayed quarterly returns, or missed certificate issuance. These errors affect the deductee's tax credit and create avoidable follow-ups. Proper handling of TDS compliance protects you from penalties and ensures smooth reconciliation with Form 26AS and AIS.

Who Is Required to Comply with TDS

Businesses and Companies

Deducting TDS on salary or vendor payments

Professionals and Consultants

Making payments covered under TDS provisions

Startups and MSMEs

Registered with a TAN for tax compliance

Individuals

Deducting TDS on property purchase (PAN-based TDS)

Trusts, NGOs, and Societies

Making specified payments requiring TDS deduction

All Deductors

If applicability is unclear, a review helps avoid non-compliance at an early stage

Applicable Laws & Compliance Framework

TDS provisions are governed by the Income-tax Act, 1961, and related Rules. Key provisions include:

Section	Applicability	Description
Section 192	TDS on Salary	Tax deduction on salary payments to employees
Sections 194, 194A, 194C, 194J, 194I	TDS on Various Payments	Interest, contract payments, professional fees, rent, etc.
Section 200(3)	Filing of Quarterly TDS Statements	Mandatory quarterly return submission
Rule 31 and Rule 31A	TDS Certificates and Statements	Issuance of Form 16/16A certificates
Various Forms	Return Filing	Form 24Q (Salary), 26Q (Non-Salary), 26QB/QC (PAN-based)

Returns are filed in prescribed forms, such as Form 24Q or 26Q, or PAN-based forms, depending on the nature of the deduction.

STRUCTURED APPROACH

Our TDS Compliance Process

At Tiwariv, TDS compliance is handled through a structured approach:

Review of TDS applicability and identification of the correct TDS section
Verification of PAN, TAN, and deductee details for accuracy and compliance
Calculation of TDS and timely deposit through prescribed challans
Preparation and filing of quarterly TDS returns as per statutory timelines
Handling of TDS Return (TAN-Based) and TDS Return (PAN-Based) cases
Generation and issuance of TDS Certificates (Form 16 / Form 16A)
Assistance with TDS return corrections and responses to departmental notices

Each step is tracked to reduce the risk of mismatch or delay.

Documents & Information Required

For smooth TDS return filing services online, the following information is generally required:

PAN and TAN of the deductor

Deductee details and payment breakup

Challan details (BSR code, date, amount)

Salary computation, where applicable

Previous TDS return data, if any

Clients are guided clearly on documentation to avoid rework.

Timelines, Validity & Compliance Cycle

TDS must be deposited monthly, while returns are filed quarterly. TDS certificates are issued after filing the respective return. Delays attract mandatory late fees and interest, which are system-driven and difficult to reverse once levied.

Monthly TDS Deposit

TDS must be deposited monthly, while returns are filed quarterly.

Quarterly Returns

TDS certificates are issued after filing the respective return.

TDS Certificates

Delays attract mandatory late fees and interest, which are system-driven and difficult to reverse once levied.

Common Mistakes, Notices & Penalties

From real compliance cases handled at our Dwarka office, common issues include:

Incorrect PAN leading to higher TDS deduction

Late filing fees under section 234E

Interest for delayed deposit under section 201(1A)

Mismatch between challan and return data

Non-issuance of TDS certificates on time

Penalties for incorrect or non-filing of returns

Our professional review and proactive approach help prevent penalties, and if issues arise, we assist with corrections and notices, ensuring your TDS compliance remains smooth and compliant.

Why Choose Vivek Tiwari & Company
Dwarka, Delhi

Local Presence

Local presence in Dwarka Sector 23B, New Delhi

Practical Experience

Practical experience in handling TDS compliance across sectors

Clear Process

Clear process and transparent communication

End-to-End Handling

End-to-end handling, including corrections and notices

Advisory Approach

Advisory approach focused on long-term compliance

Client Preference

Clients prefer us for clarity, accuracy, and reliability

+91-8800022202 www.tiwariv.com Dwarka Sector 23B, Delhi

Frequently Asked Questions

1. What is TDS compliance?

It includes deductions, deposits, return filing, and the issuance of TDS certificates as per law.

2. How can I get a TDS certificate online?

TDS certificates are generated after filing returns and can be issued digitally.

3. Who needs TAN-based TDS returns?

Regular deductors such as businesses and professionals registered with TAN.

4. What is a PAN-based TDS return?

It generally applies to property transactions in which TDS is deducted without a TAN.

5. What happens if the TDS return is filed late?

Late fees, interest, and possible notices from the Income Tax Department may arise.

6. Can mistakes in TDS returns be corrected?

Yes, revised returns can be filed in accordance with the prescribed procedures.