TDS Returns
TDS Rrturn on Salary Payment (From 24Q)
4.2
6 reviews
₹ 1500/-
• Registration on TRACES
• Form 24Q up to 100 employees (1 no.)
• Form 16 Generation
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. PayTax provides you with a prompt mechanism to comply with all the TDS compliance on account of salary payment.
Services Covered
• Registration on TRACES
• Form 24Q Up to 100 employees (1 no.)
• Fulfillment using ClearTDS Returns Software
• 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
10 days estimate
Information Guide
Documents To Be Submitted
1. Details of deductor
2. Details of responsible person
3. Details of deductee
4. Challan details
5. Deduction details
FAQs
• What is TDS in salary?
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.
• Is there any minimum amount upto which tax is not deducted on salary payment?
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
• When is online return mandatory?
For certain people, it is compulsory to be submit the quarterly return online. If the deductor is :
• A Government office
• A company’s principal officer
• Assessee who is required to have its accounts audited for the previous year under 44AB of the Income Tax Act, 1961.
• If there are 20 or more records of deductees in a statement for any quarter of a particular financial year. Annexure I and Annexure II are also forms that require submission along with this form. Annexure I has to be filled in for all four quarters of the year. Annexure II needs to be filed only for the final quarter of the year. PayTax Experts will guide you on the same.
• Is their any interest and penalty for non or late filing of Form 24Q?
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) For more details:
• Is revised return covered under the plan?
Revised return filing on account of incorrect information provided by the assessee during the original return filing shall not form part of the plan.
• I need to file my TDS returns for more than 100 employees. Can you advise?
Our plan caters to filing TDS returns for up to 100 employees. If your firm has more than 100 employees, our representatives will advise you on the fees. Please submit your enquiry here or write to us at enquiries@PayTax.in
TDS Rrturn on Salary and other Payment (From 24Q and From 26Q)
4
3 reviews
₹ 2500/-
• Registration on TRACES
• Form 24Q Up to 100 employees (1 no.)
• Form 26Q upto 10 deductees (1 no.)
• Generation of Form 16 & 16A
About This Plan
This plan enables you to file your quarterly TDS returns related to all specified payments along with salary where TDS is required to be deducted and return is required to be filed via Form 24Q & 26Q without any hassles.
A delay in filing the returns attracts interest and penalty levied by the Tax Department, hence, it is important to pay TDS within due date and subsequent return filing is equally important.
Services Covered
• Registration on TRACES
• Form 24Q Up to 100 employees (1 no.)
• Form 26Q upto 10 deductees (1 no.)
• Bulk PAN Verification
• Challan Verification
• Online FVU Generation and Submission
• Generation of Form 16 & 16A
Who Should Buy
• Any individual who is required to make a payment of salary or other specified payments and has to deduct TDS
• Any organisation such as corporate, partnership firm etc required to make salary or other specified payments 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 & 16A
10 days estimate
Information Guide
Documents To Be Submitted
1. Details of deductor
2. Details of responsible person
3. Details of deductee
4. Challan details
5. Deduction details
FAQs
• What is TDS in salary and other payment?
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 other payments like commission earned by a broker.
The taxes are deducted by the employer before making the payment to employee and is deposited with the govt. The employer later issue form 16 to its employees and form 16B to other deductees which serves as a proof of tax payment in their hands.
• What is form 26Q?
Form 26Q is required to be submitted for TDS details on all payments other than salary on a quarterly basis by the deductor. Form 26Q is applicable for TDS deducted under section 200(3) of the Income Tax Act for TDS under sections 193 & 194 being interest on securities, Dividend securities, professional fees, directors' remuneration etc.
• When is online return mandatory?
For certain people, it is compulsory to submit the quarterly return online. If the deductor is : A Government office A company’s principal officer Assessee who Is required to have their accounts audited for the prior year under 44AB of the Income Tax Act, 1961. If there are 20 or more records of deductees in a statement for any quarter of a particular financial year. PayTax Experts will guide you on the same.
• Is their any interest and penalty for non or late filing of Form 24Q & Form 26Q?
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)
For more details: https://PayTax.in/tds/guides/tds-not-filed-on-time
• I need to deduct TDS returns for more than 10 vendors. Can you advise?
Our plan caters to filing TDS returns for up to 100 employees and up to 10 deductees. If your firm has more than 100 employees or 10 deductees, our representatives will advise you on the fees. Please submit your enquiry here or write to us at enquiries@PayTax.in
• Do all deductors require to quote their PAN?
It is compulsory to quote the PAN for non-Government deductors whereas In the case of Government deductors, "PANNOTREQD" has to be mentioned on the form.
• Is revised return covered under the plan?
Revised return filing on account of incorrect information provided by the assessee during the original return filing shall not form part of the plan.
TDS Return on payment other than salary (Form 26Q)
₹ 1500/-
• Registration on TRACES
• Form 26Q upto 10 deductees (1 no.)
• Generation of Form 16A
Who Should Buy
• Any individual who is required to make a payment other than salary and has to deduct TDS
• Any organisation such as corporate, partnership firm etc required to make specified payments (other than salary) 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 & 16A
10 days estimate
Information Guide
Documents To Be Submitted
1. Details of deductor
2. Details of responsible person
3. Details of deductee
4. Challan details
5. Deduction details
FAQs
• What is TDS in salary and other payment?
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 other payments like commission earned by a broker.
The taxes are deducted by the employer before making the payment to employee and is deposited with the govt. The employer later issue form 16 to its employees and form 16B to other deductees which serves as a proof of tax payment in their hands.
• What is form 26Q?
Form 26Q is required to be submitted for TDS details on all payments other than salary on a quarterly basis by the deductor. Form 26Q is applicable for TDS deducted under section 200(3) of the Income Tax Act for TDS under sections 193 & 194 being interest on securities, Dividend securities, professional fees, directors' remuneration etc.
• When is online return mandatory?
For certain people, it is compulsory to submit the quarterly return online. If the deductor is : A Government office A company’s principal officer Assessee who Is required to have their accounts audited for the prior year under 44AB of the Income Tax Act, 1961. If there are 20 or more records of deductees in a statement for any quarter of a particular financial year.Paytax Experts will guide you on the same.
• Is their any interest and penalty for non or late filing of Form 24Q & Form 26Q?
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)
For more details: https://paytax.in/tds/guides/tds-not-filed-on-time
• I need to deduct TDS returns for more than 10 vendors. Can you advise?
Our plan caters to filing TDS returns for up to 100 employees and up to 10 deductees. If your firm has more than 100 employees or 10 deductees, our representatives will advise you on the fees. Please submit your enquiry here or write to us at enquiries@paytax.in
• Do all deductors require to quote their PAN?
It is compulsory to quote the PAN for non-Government deductors whereas In the case of Government deductors, "PANNOTREQD" has to be mentioned on the form.
• Is revised return covered under the plan?
Revised return filing on account of incorrect information provided by the assessee during the original return filing shall not form part of the plan.
TDS Returns - Payments outside India (Form 27Q)
About This Plan
Foriegn payments on your mind? Make sure TDS form 27Q is filled when applicable. Buy this plan from us and leave the filling to us.
Services Covered
• Registration on TRACES
• Form 27Q upto 10 deductees (1 no.)
• Challan Verification
• Online FVU Generation and Submission
• Generation of Form 16A
Who Should Buy
• Indians who are making payments to NRIs or any other payments outside India
How It's Done
• Purchase the plan
• Send us all the details regarding payments made outside India
• Paytax experts will prepare and file the TDS retun - Form 27Q
10 days estimate
Information Guide
Documents To Be Submitted
1. The documents needed shall depend on the service you need at a particular point of time. The same shall be communicated to you by our experts based on your requirements.
FAQs
• What is TDS return?
A deductor has to deposit the deducted TDS to the government and the details of the same have to be filed in the form of a TDS return. A TDS return has to be filed quarterly. Different types of TDS deductions have to be filed using different TDS return forms.
• What is Quarterly eTDS/eTCS statement?
TDS/TCS returns filed in electronic form as per section 200(3)/206C, as amended by Finance Act, 2005, are quarterly TDS/TCS statements. As per the Income Tax Act, these quarterly statements are required to be furnished from FY 2005-06 onwards. However, as advised by Income Tax Department, acceptance of e-TDS/TCS statements pertaining to Financial Years prior to 2007-08 has been discontinued at the TIN. The forms used for quarterly e-TDS statements Forms are 24Q, 26Q and 27Q and for quarterly e-TCS statement is Form No. 27EQ. These statements filed in CD/Pen Drive should be accompanied by a signed verification in Form No. 27A in Expert'se of both, e-TDS/TCS statements.
TDS on Rent - Form 26QC
₹ 1500/-
About This Plan
A tenant of a property making monthly rent payment exceeding ₹ 50, 000 is required to deduct tax at the rate of 5% from the rent payable to a resident landlord.
Services Covered
• Filling form 26QC
• Challan Verification
• Generation of Form 16C
Who Should Buy
A tenant of a property making monthly rent payment exceeding ₹ 50, 000 is required to deduct tax at the rate of 5% from the rent payable to a resident landlord.
How It's Done
• Purchase the plan
• Filing of Form 26QC
• Payment of TDS
• Generation of Form 16A
3 days estimate
Information Guide
Documents To Be Submitted
1. PAN of the tenant
2. PAN of the owner
3. Rental agreement of the property
4. Challan details
FAQs
• What is TDS return?
A deductor has to deposit the deducted TDS to the government and the details of the same have to be filed in the form of a TDS return. A TDS return has to be filed quarterly. Different types of TDS deductions have to be filed using different TDS return forms.
• What is Quarterly eTDS/eTCS statement?
TDS/TCS returns filed in electronic form as per section 200(3)/206C, as amended by Finance Act, 2005, are quarterly TDS/TCS statements. As per the Income Tax Act, these quarterly statements are required to be furnished from FY 2005-06 onwards. However, as advised by Income Tax Department, acceptance of e-TDS/TCS statements pertaining to Financial Years prior to 2007-08 has been discontinued at the TIN. The forms used for quarterly e-TDS statements Forms are 24Q, 26Q and 27Q and for quarterly e-TCS statement is Form No. 27EQ. These statements filed in CD/Pen Drive should be accompanied by a signed verification in Form No. 27A in Expert'se of both, e-TDS/TCS statements.
TCS Returns - Form 27EQ
₹ 1500/-
About This Plan
Every person having a TAN and collecting tax at source needs to file Form 27EQ Quarterly.
Services Covered
• Registration on TRACES
• Form 27EQ upto 10 deductees (1 no.)
• Challan Verification
• Online FVU Generation and Submission
• Generation of Form 27D
Who Should Buy
• Anyone having a TAN number
How It's Done
• Purchase the plan
• Document collection and verification
• Paytax experts will prepare and file the TCS retun - Form 27EQ
3 days estimate
Information Guide
Documents To Be Submitted
1. The documents needed shall depend on the service you need at a particular point of time. The same shall be communicated to you by our experts based on your requirements.
FAQs
• What is TDS return?
A deductor has to deposit the deducted TDS to the government and the details of the same have to be filed in the form of a TDS return. A TDS return has to be filed quarterly. Different types of TDS deductions have to be filed using different TDS return forms.
• What is Quarterly eTDS/eTCS statement?
TDS/TCS returns filed in electronic form as per section 200(3)/206C, as amended by Finance Act, 2005, are quarterly TDS/TCS statements. As per the Income Tax Act, these quarterly statements are required to be furnished from FY 2005-06 onwards. However, as advised by Income Tax Department, acceptance of e-TDS/TCS statements pertaining to Financial Years prior to 2007-08 has been discontinued at the TIN. The forms used for quarterly e-TDS statements Forms are 24Q, 26Q and 27Q and for quarterly e-TCS statement is Form No. 27EQ. These statements filed in CD/Pen Drive should be accompanied by a signed verification in Form No. 27A in Expert'se of both, e-TDS/TCS statements.
