Ashok Anshit & Co.

In today’s complex tax environment, Tax Deducted at Source (TDS) plays a crucial role in ensuring steady tax collection and compliance with the Income Tax Act, 1961. TDS Deduction And Compliance Any error or delay in TDS deduction, deposit, or return filing can lead to heavy penalties, interest, and legal notices from the Income Tax Department. TDS Deduction And Compliance

Ashok Anshit & Co, a reputed firm of Chartered Accountants, provides end-to-end TDS Deduction & Compliance Services to businesses, professionals, startups, corporates, and individuals across India. With deep expertise, structured processes, and updated knowledge of tax laws, we ensure accurate TDS compliance with zero risk. TDS Deduction And Compliance

What is TDS (Tax Deducted at Source)?

TDS is a mechanism introduced by the Income Tax Department where tax is deducted at the source of income itself. The person making the payment (deductor) deducts tax and deposits it with the government on behalf of the recipient (deductee). TDS Deduction And Compliance

TDS applies to various payments such as:

• Salary
• Professional fees
• Rent
• Interest
• Commission
• Contract payments
• Purchase of property
• Dividend & royalty

Proper TDS deduction and timely compliance is mandatory under Indian tax laws. TDS Deduction And Compliance

Importance of TDS Deduction & Compliance

Non-compliance with TDS provisions can result in:

• Interest up to 24% per annum
• Late filing fee of ₹200 per day
• Penalty up to ₹1,00,000
• Disallowance of expenses
• Income Tax notices & scrutiny

That is why businesses prefer professional TDS compliance services from experienced Chartered Accountants like Ashok Anshit & Co. TDS Deduction And Compliance

Why Choose Ashok Anshit & Co for TDS Services?

✔ Experienced Chartered Accountants
✔ Complete compliance under Income Tax Act
✔ Timely filing & accurate calculations
✔ Handling of notices & defaults
✔ Affordable pricing & transparent process
✔ Personalized support for every client

We ensure that your TDS responsibilities are handled professionally, accurately, and on time. TDS Deduction And Compliance

Our TDS Deduction & Compliance Services

1. TDS Applicability Analysis

We analyze your business transactions to identify:

• Whether TDS is applicable
• Applicable section (194C, 194J, 194H, etc.)
• Correct TDS rate
• Threshold limits

This prevents wrong deduction or excess deduction.

2. Accurate TDS Deduction

Our experts ensure:

• Correct calculation of TDS
• Proper classification of payments
• PAN verification of deductees
• Compliance with lower or nil deduction certificates

3. TDS Challan Preparation & Payment

We assist in:

• Generation of TDS challans (ITNS 281)
• Online payment through authorized banks
• Ensuring timely deposit before due dates

Late payment can attract heavy interest—our system avoids delays.

4. TDS Return Filing (24Q, 26Q, 27Q, 27EQ)

We handle filing of:

• Form 24Q – Salary TDS
• Form 26Q – Non-salary payments
• Form 27Q – Payments to non-residents
• Form 27EQ – TCS returns

All returns are filed quarterly with complete accuracy. TDS Deduction And Compliance

5. Issuance of TDS Certificates (Form 16 & 16A)

We ensure:

• Timely issuance of Form 16 (salary)
• Form 16A for non-salary payments
• TRACES download & validation

This helps deductees claim TDS credit smoothly. TDS Deduction And Compliance

6. TDS Reconciliation & Correction Returns

Mismatch in 26AS can cause notices. We handle:

• TRACES reconciliation
• Correction statements
• PAN errors, challan errors, amount mismatch
• Revision of previously filed returns

7. Handling TDS Notices & Defaults

Received a TDS notice? We assist with:

• Notice analysis
• Reply drafting
• Rectification filings
• Interest & penalty minimization

Our professional handling ensures peace of mind. TDS Deduction And Compliance

8. TDS Compliance for Special Cases

We provide expert support for:

• TDS on property purchase (Section 194-IA)
• TDS on rent (194-IB)
• TDS on professionals & freelancers
• TDS on non-resident payments

Who Needs TDS Compliance Services?

Our services are ideal for:

• Small & Medium Businesses
• Corporates
• Startups
• Professionals & Consultants
• Proprietors & Partnerships
• Trusts & NGOs

If you make any payment covered under TDS provisions, compliance is mandatory. TDS Deduction And Compliance

Due Dates for TDS Compliance

Ashok Anshit & Co ensures no deadlines are missed.

Consequences of Non-Compliance

Failure to comply with TDS provisions may result in:

• Interest u/s 201(1A)
• Late fee u/s 234E
• Penalty u/s 271H
• Disallowance of expenses u/s 40(a)(ia)
• Income Tax scrutiny

Professional handling avoids all these risks.

How We Work – Our Process

1. Understanding your business transactions
2. Identifying applicable TDS sections
3. Monthly deduction & challan payment
4. Quarterly return filing
5. Certificate issuance & reconciliation
6. Ongoing compliance support

Simple, transparent & reliable.

Benefits of Outsourcing TDS Compliance to Us

✔ Saves time & resources
✔ Eliminates compliance risk
✔ Ensures accurate tax credit
✔ Avoids penalties & notices
✔ Expert guidance at every step

Why Ashok Anshit & Co is a Trusted Name

With a strong reputation for professionalism, accuracy, and client satisfaction, Ashok Anshit & Co has become a preferred Chartered Accountant firm for TDS Deduction & Compliance Services.

We stay updated with:

• Latest Income Tax amendments
• CBDT circulars
• Judicial rulings
• Compliance deadlines

This ensures our clients always remain 100% compliant.

Get Professional TDS Compliance Support Today

If you are looking for:

• Reliable TDS services
• Expert Chartered Accountants
• Hassle-free compliance
• Timely filing & expert support

Ashok Anshit & Co is your trusted partner.

📞 Contact us today to streamline your TDS compliance and focus on growing your business.