TDS Return Filing involves the periodic filing that reports tax deducted at source on payments like salary, rent, contractor fees, and professional fees. While the process itself is usually straightforward, businesses commonly run into avoidable issues along the way. Here are the mistakes we see most often, and how to steer clear of them.
Mistake 1
Deducting tax at the wrong rate or under the wrong section.
Mistake 2
Late deposit of TDS leading to interest liability.
Mistake 3
Incorrect PAN details causing credit mismatches for deductees.
Mistake 4
Missing the quarterly filing deadline.
How to Avoid These Issues
Most of these mistakes come down to preparation. Having the right documents ready — TAN of the deductor, Details of all deductees and PAN, Challan details for TDS deposited, among others — and understanding the process before you start goes a long way toward a smooth outcome with the TDS return filing system under the Income Tax Department.
Quick Reference: What You'll Need
- TAN of the deductor
- Details of all deductees and PAN
- Challan details for TDS deposited
- Correct section codes for each type of payment
Need Help With This?
Leegal's team handles registration, compliance, and advisory work like this end-to-end, with transparent pricing and a dedicated point of contact throughout.
Call: +91 95721 91163 | Email: mail@leegal.in