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TDS returns are filed quarterly. It is to be filed on time to avoid any penalties.
  • 1st Quarter (Apr-Jun) : 31st July
  • 2nd Quarter (Jul-Sep) : 31st October
  • 3rd Quarter (Oct-Dec) : 31st January
  • 4th Quarter (Jan-Mar) : 31st May
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TDS Return Filing

An Overview - Online TDS Return Filing in India

Tax Deduction at Source (TDS) is a system implemented by the government of India to collect the tax directly from the source of income of a person. This system was introduced to minimise the evasion of taxes by collecting partially or wholly at the place where one's income is generated.

TDS return is a quarterly statement of tax deducted and deposited to the Income Tax Department.

It is necessary to file a return and deposit income tax on time by every deductor. TDS return is the summary of all the entries of the TDS deducted and paid to the Income tax department.

We, Startup Club India assits you to work out the TDS liability to pay through monthly challans from the information provided by you and accordingly will file applicable TDS return forms quarterly.

Documents required for TDS Return Filing

The documents required for the TDS return filing are:-

  • Details of Tax Deduction Account Number (TAN)
  • Details of Permanent Account Number (PAN)
  • PAN of Dedcutees
  • Old Tax Deduction at Source (TDS) return filing (The last one, if applicable)
  • The TDS return period for which it is filing.
  • Number of financial transactions for the submission of TDS return
  • Transactions on which TDS required to be deducted.
  • Type of deductee - Partnership/company/LLP/Proprietorship
  • TDS deducted
  • Nature of transaction
  • TDS Payment Challans
  • Details of Authorised Signatory (In case of deductor is other than Proprietorship Firm)

Benefits of Online TDS Return Filing

Tax Deduction at Source (TDS) return is mandatory to file on a quarterly basis, as per the Income Tax Act, 1961. It provides real-time tracking of TDS credit to the deductee. Some of the benefits of filing TDS returns are mentioned below:

  • If you are filing TDS returns on time, then it facilitates easy tax tracking to the deductee as well as to the revenue authorities.
  • It provides a steady income inflow to the government.
  • Facilitates a smooth collection of taxes for the government which is being used for the nation's welfare.
  • It helps the deductee to claim a refund from revenue authorities through their TDS credit statement 26AS.
  • No burden of paying lump sum tax as the tax is deposited every month, which helps deductee to avoid penal interest on late payment of income tax at the time of income tax return filing.

A Detailed Process - How to file TDS Return


Step – I : The TIN NSDL website - https://www.tin-nsdl.com/services/etds-etcs/etds-rpu.html - has notified the data structure or file format in which the e-TDS / e-TCS return is to be prepared.


Step – II : The E-TDS/E-TCS return must be prepared in clean text ASCII format in accordance with the file formats. The filename extension should be 'txt'. Return Preparation Utility can be used to create an E-TDS/E-TCS return. NSDL or any other third-party programme may provide this utility.


Step – III : After preparing the file according to the file format, it should be verified using the NSDL File Validation Utility (FVU).


Step – IV : If any problems are identified in the report, the FVU will issue an error report. Make the necessary corrections. Re-verify the file using the FVU.


Step – V : Upload the generated.fvu file to the website http://incometaxindiaefiling.gov.in/.


Note: Organization registration at http://incometaxindiaefiling.gov.in/ is required for online TDS/TCS return uploading.

FAQs on Online TDS Return Filing

TDS return is a quarterly statement of tax deducted and deposited to the Income Tax Department.
TDS return required to file by every person who required to deduct or collect tax at source as per prescribed provisions of Income Tax Act, 1961 on quarterly basis.

TDS returns are filed quarterly. It is to be filed on time to avoid any penalties.

  • 1st Quarter (Apr-Jun) : 31st July
  • 2nd Quarter (Jul-Sep) : 31st October
  • 3rd Quarter (Oct-Dec) : 31st January
  • 4th Quarter (Jan-Mar) : 31st May
If you have committed any error during online TDS return filing due to an error in PAN details or any other details, then the tax amount credited will not be reflected in the forms like Form-26AS/ Form-16A/ Form 16,. To make it correct, you are required to furnish a revised TDS (Tax Deductions At Source) return to the Income Tax Department.

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