Tax Deducted at Source is levied on a transaction with an objective of collection of revenue at the very source of income. The person who deducts the TDS is called the Deductor and is required to deduct tax at the appropriate rates while making payment to the other party as per the provisions of the Income Tax Act, 1961.
Infinity Tax Filing will assist your business with the timely and accurate filing of the TDS Return.
A reasonable price is quoted on the basis of no. of entries to be made in the TDS return.
The person shall apply for TAN before he/she deducts TDS and the deducted sum is required to be deposited to the credit of the central government quoting the TAN. The deductor shall issue form 16 or 16A to the person from whom (deductee) he deducted TDS. The deductee gets the credit of the amount deducted on the basis of the above form 16 or 16A.
Businesses having TAN registration must file TDS returns on a quarterly basis. The details furnished in the TDS returns are like TDS Payment, the Amount Deducted, Type of Payment, etc.
Steps we follow :
1.) Document Collection : TDS filing experts will send you the checklist of documents required for preparation of TDS return.
2.) Return Preparation : Infinity Tax Filing team will prepare your TDS return based on the documents received and send to for your verification.
3.) Return Filing : Our experts will file TDS returns once the TDS return is verified and approved by you.