Documents Required For TDS Return Filing
- PAN Card
- TDS Certificate
- TDS Acknowlwdgement
- Tax payment Challan
- Bank Statement
What is TAN?
The TAN, or Tax Withdrawal and Collection Number, is a mandatory 10-digit alphabetical number that must be obtained by all persons responsible for withholding or collecting tax withholding on behalf of the government.
Private individuals do not have to obtain a TAN or deduct withholding tax. We ( Taxesquire ) can help you with that.
For real estate, corporations and other entities are required to withhold taxes when making certain payments such as salaries, contractor payments, rent payments over Rs 240,000 per year.
people with a valid TAN number are required to submit TDS feedback once a quarter.
Our TDS experts can help you calculate TDS payments and submit TDS returns in accordance with TDS regulations.
procedure for filing TDS return
Step 1: The multi-column Form 27A must be completed first, and in the case of a paper version of the form.
Step 2: In the next step, the tax withheld and the total amount paid must be filled in correctly and added up.
Step 3: The TAN of the organization must be entered on form 27A. If the transmitted TAN is wrong, there will be difficulties with the verification.
Step 4: When submitting the TDS, please provide your Challan number, payment method and relevant tax details.
Step 5: To ensure consistency, use the base form used to submit the e-STDS. To facilitate the counting process, enter the 7-digit BSR code.
Step 6: Physical TDS returns must be submitted to TIN FC managed by NSDL. In the case of an online application, it can be submitted on the official website of the NSDL NIP.
Step 7: If the information provided is correct, you will receive a temporary token number or receipt. This is proof that the TDS declaration has been submitted.