About This Plan
Every person or entity who has deducted TDS while disbursing salary to its employees is required to file your quarterly TDS returns. A delay in filing the returns attracts interest and penalty levied by the Tax Department. GoodCa provides you with a prompt mechanism to comply with all the TDS compliance on account of salary payment.
- Our agents will set up a seamless process for data collection
- Your return will be prepared as required
- Before you know it, your return will be ready for filing.
- Registration on TRACES
- Form 24Q Up to 100 employees (1 no.)
- Bulk PAN Verification
- Challan Verification
- Online FVU Generation and Submission
- Generation of Form 16
Who Should Buy
- Any individual who is required to make a payment of salary and has to deduct TDS
- Any organisation such as corporate, partnership firm etc required to make salary payment after deduction of TDS
- Any branch of principal business office
How It's Done
- Purchase of plan
- FIll in the details in the template provided
- Upload documents on vault
- Return form prepared by Tax Expert
- Generation of Form 16
How do we help in Filing TDS Return?
It is mandatory for every deductor to submit TDS return to the Income Tax Department of India in quarterly statements. Every detail of the returns has to be accurate and precise. Keeping up with the quarterly payments can be cumbersome and if not done on time, you may attract huge penalty. The rate of TDS is set by the IT department based on expense recognized by them. Hence the prescribed rate of deduction varies. Keeping the threshold limit in mind while making payments can be tedious. Once you choose us, our affiliates prepare the account and file TDS refund on your behalf. From the very first stage of preparing the returns till the last phase of the refund, we act as your consultants. GoodCa not only does all the paperwork for you, but also makes sure that every government interaction is smooth. Our process is truly transparent and always meets your expectations.
Documents To Be Submitted
- Copy Of Tax Challan
- Details Of Deductor
- Deduction Details
You can purchase this plan in below price.
Frequenty Asked Questions
TDS or Tax Deducted at Source, is a type of tax levied by the Indian government wherein taxes are collected on the basis of pay as you get . The taxes are deducted at the source of payments such as salary paid to an employee or commission earned by a broker. The taxe is deducted by the employer before making the payment to employee and is deposited with the govt. The employer later issues form 16 to its employees which serves as a proof of tax payment in the hands of employee.
If the expenditure incurred/payment made during the year is below the threshold limit, then there is no requirement to deduct tax at source. If net taxable income is less than maximum amount which is not chargeable to tax Rs. 2,50,000 for an individual Rs. 3,00,000 for Senior Citizens Rs. 5,00,000 for Super Senior Citizens
In case you have not deposited TDS by the due date, the following penalties are applicable: Late filing fee (if you do not file by the deadline) Interest (if you do not deposit the TDS amount in time) Penalty (if TDS is not filed within one year of the due date)