TDS Return Filing comes up with a lot of questions, especially for businesses and individuals required to deduct tax at source on specified payments dealing with it for the first time. Here are clear answers to what we're asked most often.
What happens if TDS isn't deducted?
The deductor can face disallowance of the expense and interest/penalty exposure.
Who needs a TAN?
Anyone required to deduct or collect tax at source needs to obtain a TAN.
What is Form 16A?
A TDS certificate issued for deductions other than salary, such as professional fees or rent.
Can TDS returns be revised?
Yes, correction statements can generally be filed to fix errors in a submitted return.
Still Have Questions?
Every business situation is a little different, and TDS Return Filing is no exception. If your case doesn't fit neatly into the questions above, it's worth getting a second opinion before proceeding.
What You'll Typically 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