TDS Returns
TDS Returns
| Particulars | Details |
| Concept of TDS | Tax Deducted at Source (TDS) ensures tax is collected at the source of income. |
| Who Deducts? | A deductor deducts tax while making specified payments to a deductee. |
| Deposit of TDS | The deducted tax is remitted to the Central Government. |
| TDS Return | A quarterly statement filed with the Income Tax Department. |
| Mandatory Requirement | Filing TDS Returns is compulsory for all deductors. |
| Contents of Return | Details of TDS deducted and deposited. |
| Our Services | Relitrade Consultancy offers TDS calculation, timely filing, and compliance support for individuals and businesses. |
FAQs
Q.1 What is Quarterly e-TDS/TCS Statement?
Quarterly e-TDS/TCS statements are electronic returns filed under Sections 200(3) and 206C of the Income
Tax Act from FY 2005-06 onwards.
TDS Forms: 24Q, 26Q, 27Q
TCS Form: 27EQ
They must be accompanied by Form 27A (signed verification) when filed physically.
Q.2 Who Must File e-TDS/TCS Returns?
As per the Income Tax Act, 1961, all corporate and government deductors/collectors must file returns electronically. Others may file either physically or electronically.
Q.3 Who is a Government Deductor?
All Drawing and Disbursing Officers (DDOs) of Central and State Governments are considered government deductors.
Q.4 Under Which Provisions Are e-TDS/TCS Returns Filed?
- e-TDS: Filed under Section 206 as per scheme notified by Central Board of Direct Taxes (CBDT).
- e-TCS: Filed under Section 206C as per CBDT scheme.
- Quarterly filing is mandatory from FY 2005-06.
Q.5 Who is the e-Filing Administrator?
CBDT has appointed the Director General of Income Tax (Systems) as the e-Filing Administrator.
Q.6 Who is the e-TDS/TCS Intermediary?
National Securities Depository Limited (NSDL) is appointed by CBDT and operates TIN Facilitation Centres (TIN-FCs) across India.
Q.7 Forms for TDS/TCS Returns
| Form | Purpose | Periodicity |
| 24Q | TDS on Salaries | Quarterly |
| 26Q | TDS on Non-Salary Payments | Quarterly |
| 27Q | TDS for Non-Residents | Quarterly |
| 27EQ | TCS Statement | Quarterly |
Q.8 What is Form No. 27A?
Form 27A is a control summary of e-TDS/TCS returns containing total amount paid and TDS deducted. It must match the electronic return totals.
Q.9 What is Data Structure/File Format?
e-TDS/TCS returns must be prepared as per the file format prescribed by the e-Filing Administrator.
Q.10 What is File Validation Utility (FVU)?
FVU is a validation tool developed by National Securities Depository Limited (NSDL) to check errors in e-
TDS/TCS return files.
It generates an error report and confirms control totals once the file is error-free
Why Choose Easilywork.in?
1️ Expert Professionals – Skilled team with strong legal and compliance expertise.
2️ Hassle-Free Process – We handle all paperwork and government procedures.
3️ Quick & Reliable Service – Fast processing with accurate documentation.
4️ Affordable Pricing – Professional services at reasonable cost.
5️ End-to-End Support – Assistance from application to final approval.
6️ Trusted Platform – Dedicated support for businesses, startups, and NGOs.
