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TDS Return Filing in Amritsar

TDS (Tax Deducted at Source) is a system introduced by the Government of India to collect tax at the source of income. Under this mechanism, the person making a payment (Deductor) is required to deduct tax at prescribed rates and deposit it with the Income Tax Department on behalf of the recipient (Deductee).

Apart from depositing TDS through an Income Tax Challan, it is mandatory for every deductor to file quarterly TDS returns within the due dates. Non-compliance may attract penalties, interest, and notices from the department.

Introduction to TDS Return Filing

A TDS Return is a quarterly statement submitted to the Income Tax Department containing details of:
  • PAN of Deductor and Deductee
  • Nature and amount of payment
  • TDS deducted and deposited
  • Challan details

Filing TDS returns on time is mandatory for all deductors including individuals, firms, companies, trusts, and government bodies.

Due Date for Payment of TDS

TDS deducted must be deposited on or before the 7th of the following month.

Example:
TDS deducted in April must be deposited by 7th May.

Failure to Furnish PAN

Every deductee must provide a valid and active PAN to the deductor.

If PAN is:

  • Not furnished
  • Incorrect
  • Inactive

👉 TDS will be deducted at a higher rate of 20%, and
👉 A penalty of ₹10,000 may be levied.

Before furnishing PAN, the deductee should verify PAN status through the Income Tax Department’s Know Your PAN service. If PAN is inactive, it must be activated by contacting the jurisdictional Assessing Officer.

TDS Certificate

After deducting TDS, the deductor must issue a TDS Certificate to the deductee.
  • Valid TDS certificates are downloaded from TRACES
  • They contain a 7-digit unique certificate number and watermark
  • Salary TDS – issued annually (Form 16)
  • Other payments – issued quarterly (Form 16A)

Deductees must preserve TDS certificates carefully. In case of loss, a duplicate certificate can be requested from the deductor.

Claiming TDS Credit

TDS credit can be claimed by the deductee while filing the Income Tax Return (ITR).

Key points:

  • Correct TDS certificate number must be quoted
  • Mismatch in details may lead to credit denial or notice
  • TDS data should match Form 26AS / AIS

The government provides free e-TDS/TCS Return Preparation Utility (RPU) to simplify return preparation.

Prerequisites for Filing TDS Return

  • Valid and registered TAN
  • RPU (Return Preparation Utility) for preparation
  • FVU (File Validation Utility) for validation
  • Registered Digital Signature Certificate (DSC) or EVC
  • Linked PAN–Aadhaar or bank/Demat details

Step-by-Step Process of TDS Return Filing

Step 1: TAN Registration

Register TAN on TRACES using challan details of a previously filed return.

Step 2: Download Utilities

Download RPU and FVU from TIN-NSDL website:
> RPU – Return preparation
> FVU – File validation

Step 3: Download CIN File

Download Challan Status Inquiry (CSI) File from NSDL for verification.

Step 4: Prepare Return

Open RPU → Select relevant form → Choose “Regular” → Enter details.

Step 5: Validate Data

Create file → Attach CSI file → Validate → Generate output file.

Step 6: Validate Using FVU

Upload file in FVU → Validate → Resolve errors (if any).

Step 7: Upload Return

Login to Income Tax e-Filing Portal → Upload ZIP file with DSC/EVC.

Step 8: Check Status

Verify filing status on TRACES after 2–3 days.

Why Choose CA Kapoor for TDS Return Filing in Amritsar?

  • Experienced TDS & Income Tax Professionals
  • Accurate and timely quarterly filings
  • PAN & challan reconciliation
  • Handling notices & defaults
  • Affordable pricing & expert support

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