TDS / TCS Returns & Form 16/16A
Quarterly e-TDS and e-TCS return filing for businesses, employers, contractors, and property buyers under Chapter XVII-B of the Income Tax Act. TRACES Form 16/16A generation and Form 26Q/24Q correction filings.
1. Quarterly TDS Return Forms & Due Dates
Form 24Q (Salary TDS u/s 192)
Filed quarterly by employers deducting TDS from employee salaries. Generates Form 16 Part A & B.
Form 26Q (Non-Salary TDS u/s 194C, 194J, 194I)
Filed for TDS on Contractor payments (194C), Professional fees (194J), Rent (194I), and Commission (194H). Generates Form 16A.
Section 234E Late Fee Mandate
Late filing of quarterly TDS returns attracts a mandatory statutory late fee u/s 234E of ₹200 per day for every day of delay until the return is submitted.
3. Mandatory Document Checklist
Required Data for TDS Filing
- TAN Number of Deductor
- TDS Deposit Challans (ITNS 281) with BSR codes
- Deductee PAN Numbers & Transaction Values
- Lower TDS Certificate Copies u/s 197 (If applicable)
4. Step-by-Step TDS Filing Process
Step 1: Challan Verification & FVU File Validation
Validating challan CIN with OLTAS portal and generating File Validation Utility (FVU) text file.
Step 2: NSDL Portal Submission & TRACES Form 16 Download
Uploading e-TDS return and downloading digitally signed Form 16 / 16A certificates from TRACES portal.
Request Expert Consultation
Fill out your contact details to schedule a call back with CA B. Mallesh & Co.
100% Confidential • ICAI Practice Standards
Mancherial Office Contact
B. Mallesh & Co., Co. Laxmi Theater, Indra Nagar, Mancherial, Telangana - 504208