Secure & Precise TDS Compliance Services
Tax Deducted at Source (TDS) is a crucial tax collection mechanism that requires strict adherence to timelines and deduction rates. Late TDS filings and delayed certificate issuances attract heavy daily penalties and interest fees. Balu Associates handles your entire TDS cycle meticulously to ensure absolute peace of mind.
Documents Required for TDS Filings
For Salary TDS (Form 24Q):
- PAN Card and Aadhaar Cards of all Employees
- Monthly payroll sheets showing salary breakdowns
- Investment declaration forms collected from employees
- Details of TDS challans deposited monthly
For Non-Salary TDS (Form 26Q):
- PAN / PAN-exempt details of the deductees (contractors, professionals, etc.)
- Invoice details and amount paid/payable during the quarter
- Deduction category codes (e.g. 194C, 194J, 194I)
- TDS challan payment proofs
For Foreign Payments TDS (Form 27Q):
- PAN or Tax Identification Number of the non-resident deductee
- Remittance details and purpose codes
- Double Taxation Avoidance Agreement (DTAA) certificates (if claiming lower rates)
- TDS challan copies
Our TDS Filing Flow
1. Data Collation & Verification
We collect invoices, salary logs, and challans quarterly, validating deduction rates (e.g., higher rate if deductee has no PAN).
2. TDS Computation & Challan Matching
We reconcile your deposited TDS challans against the deduction entries to ensure 100% matching on the TRACES portal.
3. Return Preparation & Submission
We draft the appropriate quarterly return (Form 24Q, 26Q, 27Q), generate the FVU file, and file it securely with the NSDL department.
4. Form 16 / 16A Certificate Generation
Once the return is processed, we download and generate the official Form 16 (for employees) or Form 16A (for vendors) for your distribution.