TDS Return Filling
Filing TDS (Tax Deducted at Source) returns in India involves submitting various documents and details related to the tax deducted at source. Here are the key documents and information required for TDS return filing:
TDS Challan Copies (Form 26QB, 26QC, 26QD, etc.): These are the challans generated after depositing TDS with the government. They contain details such as BSR code of the bank branch, date of deposit, and the challan serial number.
TDS Certificates (Form 16 and Form 16A): These certificates are issued by the deductor (employer or entity deducting TDS) to the deductee (employee or party from whom TDS is deducted). They contain details of TDS deducted, deposited, and other relevant particulars.
PAN (Permanent Account Number): PAN details of both the deductor and deductee are required for TDS return filing.
TAN (Tax Deduction and Collection Account Number): TAN is a 10-digit alphanumeric number required for all those who are liable to deduct tax at source. It is mandatory to quote TAN in TDS returns.
Details of Deductees: Information about the deductees, including their name, PAN, and TDS deduction details, needs to be provided.
Details of Deductions: Information about the nature and amount of payments on which TDS is deducted, like salary, interest, rent, etc.
Details of TDS Payment: Proof of TDS payment, such as bank challan or online payment details, should be kept ready.
Form 24Q/26Q/27Q/27EQ: The TDS return forms (like Form 24Q for salaries, Form 26Q for non-salary payments, and Form 27Q for TDS on payments to non-residents) need to be filled as per the nature of payments