Tax Deducted at Source (TDS) is a means of collecting income tax in India, governed under the Indian Income Tax Act of 1961. Any payment covered under these provisions shall be paid after deducting prescribed percentage.It is managed by the Central Board for Direct Taxes (CBDT) and is part of the Department of Revenue managed by Indian Revenue Service (IRS). It has a great importance while conducting tax audits. Assessee is also required to file quarterly return to CBDT. Returns states the TDS deducted & paid to government during the Quarter to which it relates.

We can Provide Following Services for the Tax Deduction at Source(TDS):

Advice on all matters related to compliance of TDS/TCS provisions.

Obtaining Tax Deduction Account Number (TAN).

Periodic review of TDS/ Withholding Tax compliance.

Computation of monthly TDS.

Monthly reconciliation of TDS due and deposited.

Monthly deposit of TDS electronically/manually.

Issue of monthly/annual TDS certificates.

Filing of quarterly E-TDS/Manual Returns.

Filing of Correction Statements.

TDS assessment.