- + 91 9050-559-556
- + 91 9050-559-556
- bizformation3@gmail.com
Easily at the Best Rates. All India Fastest Service.
TDS (Tax Deducted at Source) Services
TDS stands for Tax Deducted at Source and is a system under the Income Tax Act where tax is deducted by the payer and remitted to the government on specified payments such as salary, rent, interest, contractor charges, and professional fees. It ensures timely tax collection and helps track taxable income throughout the financial year. TDS compliance is a crucial responsibility for businesses, employers, and individuals making such payments. At BizFormation India, we provide reliable and affordable TDS payment, return filing, and documentation services to ensure complete compliance.
WANT TO SET UP A COMPANY
LET'S GET STARTED!
What Is TDS
TDS (Tax Deducted at Source) is a mechanism where tax is deducted at the time a payment is made or credited, whichever is earlier, ensuring timely tax collection and reducing evasion. It applies to payments such as salary, rent, interest, professional fees, and property purchases. For example, paying professional fees of ₹60,000 requires a 10% TDS deduction, while purchasing a property worth ₹60 lakh attracts 1% TDS. The deducted tax is deposited with the Income Tax Department, and the recipient can claim credit through Form 26AS while filing returns. BizFormation India helps businesses understand TDS rules, rates, and compliance procedures.
TDS Due Dates
Missing TDS deadlines can result in interest charges and penalties, making timely compliance essential. Generally, TDS payments must be made by the 7th of the following month, while TDS returns are filed quarterly on 30th June, 30th September, 31st December, and 31st March. TDS certificates such as Form 16 and Form 16A are issued after the completion of quarterly filings. BizFormation India helps you stay on track by monitoring all TDS due dates and sending timely reminders and updates, so you never miss a deadline.
TDS Certificates – Form 16 And Form 16A
Once TDS returns are filed, employers and deductors are required to issue TDS certificates to the deductees. Form 16 is provided for TDS deducted on salary, while Form 16A is issued for TDS on non-salary payments. We assist you in generating, downloading, and distributing these TDS certificates accurately and on time, ensuring full compliance and smooth communication with employees and vendors.
TDS Return Filing Services
Every quarter, deductors are required to file TDS returns using the correct forms, such as Form 24Q for TDS on salary, Form 26Q for TDS on payments other than salary, and Form 27Q for payments made to non-residents. Our experts carefully prepare, verify, and file all TDS returns with complete accuracy, helping you avoid errors, late fees, and penalties while ensuring full compliance with tax regulations.
TDS Deduction And TDS Calculation
Understanding how to calculate TDS is essential for correct deduction. Calculation varies based on:
We follow the updated TDS rate chart India to ensure accurate calculation and compliance for every deduction.
calculate TDS
- Nature of payment
- Status of the recipient
- PAN availability
- Applicable TDS rate
Why Choose BizFormation India for TDS Compliance
- Expert team with years of tax compliance experience
- Accurate TDS calculation based on updated rules
- On-time TDS returns and challan payments
- Affordable plans for startups, SMEs and large businesses
- 100% compliance assurance
- Safe, secure, and hassle-free online support
TDS India – Where Is TDS Applicable
TDS is applicable on various payments such as:
Salary and Rent TDS
TDS on salary is deducted by employers based on an employee’s taxable income and applicable tax slab.
Similarly, individuals and companies paying rent above the prescribed limit are required to deduct TDS as per income tax rules.
TDS on Contractors and Professional Fees
Payments made to contractors and subcontractors attract TDS depending on the nature of work and payment value.
Professional fees paid to CAs, lawyers, consultants, designers, and other professionals are also subject to TDS deductions.
TDS on Interest, Commission & Other Incomes
TDS is deducted on interest income, commission, brokerage, and other specified payments by banks, businesses, and individuals.
BizFormation India offers expert guidance and complete filing support for all categories of TDS, ensuring timely compliance and accuracy.
TDS Payment And Deposit
After deducting TDS, the amount must be deposited with the government within the due date. This is done through TDS challan payment (Challan 281). BizFormation India manages the entire TDS deposit process calculations, challan preparation, payment tracking, and record management, so you never miss a deadline.
Correct TDS deduction ensures:
- Compliance with Income Tax Act
- Avoidance of penalties and notices
- Smooth business operations
- Accurate income reporting
- Avoidance of interest on late payments
- Easy issuance of TDS certificates (Form 16 / Form 16A)
Our simplified approach helps you manage your TDS obligations without stress.
TDS Services by BizFormation India
Our comprehensive TDS services include:
- TDS Deduction and Calculation
Accurate deduction using updated TDS rates. - TDS Challan Payment and Deposit
End-to-end management of challan preparation and payment. - Quarterly TDS Return Filing
Error-free filing for all forms (24Q, 26Q, 27Q). - TDS Reconciliation
Matching books with Form 26AS and employee/vendor records. - TDS on Salary, Rent, Contractors and Professional Fees
Expert assistance across all TDS categories. - Form 16 and Form 16A Generation
Timely issuance and compliance.
Stay Fully TDS Compliant with BizFormation India
Avoid penalties, stay compliant, and ensure seamless business operations with our complete TDS services. Visit BizFormation India (https://bizformationindia.com/) to manage tax deducted at source easily and accurately.
