Efficient TDS and TCS Services for Tax Compliance

  • Accurate TDS return and filing to ensure timely submissions.
  • Comprehensive TCS return and filing for collectible taxes.
  • Specialized handling of TDS on rent 26QC and TDS on sale of property 26QB.
  • Easy TAN apply for deductors and collectors.
  • Regular updates on Rules & Rates
  • Form 16 of Deductees
  • Acknowledgement of Return
  • Expert Assistance

TDS and TCS Return Filing

File your TDS/TCS returns smoothly with Growphin Partners, ensuring accuracy, statutory compliance, and timely filing—without showing any plans or pricing.

A Tax Deduction and Collection Account Number (TAN) is mandatory for TDS & TCS return filing. TAN is a 10-character alphanumeric code issued to entities responsible for deducting or collecting tax on behalf of the Government. TDS ensures efficient tax collection at the source. The deductor must deposit the deducted tax with the Central Government by quoting the TAN. Individuals earning salary income are not required to obtain a TAN or deduct tax.

Businesses are required to deduct tax at source while making specific payments such as salaries, contractor or sub-contractor payments, professional fees, and rent. After obtaining TAN registration, these entities must file quarterly TDS returns. Growphin Partners provides complete assistance with online TDS return filing. Our experts help with TDS calculation, challan reconciliation, and e-filing, ensuring full compliance with TDS regulations.

Documents Required for TDS Return Filing

  • TAN of the deductor

  • Ledger details for transactions subject to TDS

  • PAN of deductees

  • Challans for TDS payments

  • Nature of TDS deduction (salary, contractor, professional fees, rent, etc.)

Prevent Tax Evasion

It helps government to track revenue of assessee and prevent tax evasion.

100%

Flow of Revenue to Government

TDS ensures regular flow of Revenue to Government.

100%

Shortage of Working Capital

When TDS is deducted it results in shortage of working to deductee.

20%

Frequently asked questions

Any person or entity making specified payments is responsible for deducting TDS and filing the TDS return. These payments include salary, interest, commission, brokerage, professional fees, royalty, and contract-related payments. The person deducting tax is known as the deductor, while the person whose tax is deducted is called the deductee.

The commonly used TDS/TCS forms include:

  • Form 24Q – TDS deducted on salary payments

  • Form 26Q – TDS deducted on payments other than salary

  • Form 27Q – TDS on payments made to non-residents

  • Form 27EQ – TCS return

Yes. Non-government deductors must quote their PAN, and it is mandatory to mention the PAN of all deductees while filing TDS returns.

The due dates for filing quarterly TDS returns are:

  • 31st July – Q1

  • 31st October – Q2

  • 31st January – Q3

  • 31st May – Q4

Every person deducting tax under the Income Tax Act must issue a TDS certificate to the deductee, detailing the tax deducted and related particulars. Even banks deducting TDS on pension payments are required to issue TDS certificates.

Types of TDS Certificates:

  • Salary Payments: Form 16, containing details of salary paid, TDS deducted, and tax computation

  • Non-Salary Payments: Form 16A, showing payment details and TDS deducted

  • TCS: Form 27D, reflecting tax collected and deposited

TDS must be deposited using Challan 281, quoting the deductor’s TAN. The general due date for depositing TDS is the 7th day of the following month. For deductions made in March, the due date is 30th April.

For support with TDS/TCS deposit or filing, you can reach out to Growphin Partners, and our experts will guide you through the process smoothly and compliantly. Call us at

+91 7426822027