Tax Deducted at Source (TDS) is a statutory obligation under Indian income tax law. It applies to payments such as salary, professional fees, contract charges, rent, and interest. TDS compliance involves not just deduction, but timely deposit, return filing, and certificate issuance.
At Vivek Tiwari & Company, based in Dwarka Sector 23B, we assist individuals and businesses with complete TDS compliance, ensuring accuracy, timeliness, and legal clarity to save you from penalties.
TDS is a key monitoring tool for the Income Tax Department. Even a slight delay or clerical error can trigger late fees, interest, or notices. Proper handling protects you from penalties and ensures smooth reconciliation with Form 26AS and AIS.
Companies and firms deducting TDS on salary, vendor payments, or contract charges.
Consultants and professionals making payments covered under TDS provisions (Sec 194J, etc).
Entities registered with a TAN ensuring compliance from the early stages.
Individuals deducting TDS on property purchase (PAN-based TDS u/s 194IA).
Trusts and societies making specified payments liable for deduction.
Those who have received notices for defaults or need to revise previous returns.
For smooth TDS return filing, we require:
We handle compliance through a structured approach:
TDS must be deposited monthly, while returns are filed quarterly. Delays attract mandatory late fees.
Incorrect PAN leading to higher deduction rates (20%), late filing fees under Section 234E, interest for delayed deposit under Section 201(1A), and challan mismatches.
Reliable, timely, and compliant solutions tailored to your specific TDS requirements.
