TDS Returns

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TDS Return Services

At R. Maheshwari and Associates, we provide comprehensive TDS (Tax Deducted at Source) return services to clients in Moradabad, Noida, Delhi, NCR, Western U.P and the surrounding areas. Our team of experienced tax professionals is committed to ensuring accurate, timely, and compliant TDS return filing for our clients.

Our TDS return services include:

  1. TDS Computation
    • Calculating TDS liability based on the relevant sections of the Income Tax Act
    • Identifying TDS rates applicable to various payments
    • Ensuring accurate computation of TDS to be deducted and deposited
  2. TDS Deduction and Deposit
    • Assisting clients with timely deduction of TDS from relevant payments
    • Ensuring TDS is deposited with the government within the prescribed due dates
    • Providing guidance on TDS deposit procedures and challans
  3. TDS Return Preparation and Filing
    • Preparing and filing quarterly TDS returns (24Q, 26Q, and 27Q) within the specified due dates
    • Reconciling TDS returns with the books of accounts and actual TDS deducted and deposited
    • Generating and issuing TDS certificates (Form 16A and Form 16) to deductees
  4. TDS Compliance Review
    • Conducting periodic reviews of TDS compliance to identify any gaps or discrepancies
    • Recommending corrective actions to ensure compliance with TDS provisions
    • Assisting with responses to TDS notices and queries from tax authorities
  5. TDS Advisory
    • Providing guidance on TDS applicability and implications for various transactions
    • Advising on TDS-related issues and challenges faced by clients
    • Helping clients stay updated with changes in TDS rules and regulations

Our TDS Return Approach

Our approach to TDS return services is designed to provide clients with accurate, reliable, and hassle-free solutions. Our methodology includes:

  1. Understanding Client Requirements
    • Gaining a thorough understanding of the client’s business operations and TDS obligations
    • Identifying specific TDS compliance requirements based on the nature of payments made
  2. Meticulous TDS Computation and Deduction
    • Ensuring accurate computation of TDS liability for each payment
    • Assisting with timely deduction and deposit of TDS
  3. Timely Return Filing
    • Preparing and filing TDS returns well before the due dates to avoid penalties and interest
    • Reconciling TDS returns with books of accounts and actual TDS deposited
  4. Ongoing Support and Guidance
    • Providing continuous support and guidance on TDS-related matters
    • Keeping clients informed of updates and changes in TDS provisions

Our TDS Return Process

Our TDS return process is structured to ensure smooth, efficient, and compliant TDS filing for our clients. The key stages of our TDS return process include:

  1. Data Collection and Verification
    • Collecting relevant data from clients, including payment details and deductee information
    • Verifying the accuracy and completeness of the data provided
  2. TDS Computation and Deduction
    • Computing TDS liability for each payment based on applicable rates
    • Assisting with TDS deduction and timely deposit
  3. Return Preparation and Filing
    • Preparing quarterly TDS returns using the verified data
    • Filing TDS returns electronically within the prescribed due dates
  4. Reconciliation and Certification
    • Reconciling TDS returns with books of accounts and actual TDS deposited
    • Generating and issuing TDS certificates to deductees

By choosing R. Maheshwari and Associates for your TDS return needs, you can be confident of accurate, timely, and compliant TDS filing, along with expert guidance and support from our experienced tax professionals.