A TDS (Tax Deducted at Source) return is a quarterly statement submitted to the Income Tax Department by any person or organization that has deducted TDS. This includes: Companies and LLPs Proprietorship firms Government bodies Individuals subject to tax audit If you deduct TDS from payments like salaries, contractor fees, rent, professional services, etc., you must file TDS returns

Form 24Q – TDS on salaries Form 26Q – TDS on non-salary payments to residents (e.g., professional fees, rent, contract work) Form 27Q – TDS on payments to non-residents Form 27EQ – For TCS (Tax Collected at Source)

Late filing fee of ₹200 per day under Section 234E Penalty ranging from ₹10,000 to ₹1,00,000 under Section 271H for non-filing or incorrect filing Interest on late payment of TDS may also apply

TAN and PAN of the deductor PAN of deductees (employees/vendors) Payment details (amount paid, TDS deducted, section) Challan details (CIN, BSR code, date of payment) Nature of payment (salary, rent, etc.)

Filing a NIL return is not mandatory, but recommended to maintain compliance if TDS was not applicable in a given quarter but you're a regular deductor with TAN.

Yes. You can revise a TDS return to correct: PAN errors Challan details Amounts paid Deductee details We assist with revision filings and error rectification.

Yes. If an individual or proprietor is subject to audit under Section 44AB or has deducted TDS on rent, salary, or contractor payments, they are legally required to file TDS returns.