TDS Return Filing
Managing TDS compliance shouldn’t hold your business back. At Finomitra, we make TDS return filing seamless, accurate, and stress-free, ensuring you meet Income Tax Act requirements without hassle.
Our expert Chartered Accountants handle everything, from document preparation to online submission of TDS return, with transparent charges for filing TDS return. Since 2019, we’ve empowered businesses to stay compliant while focusing on growth. Ready to file TDS online? Click “Get Started” and let’s streamline your taxes!
Process steps
Strategic financial planning for long-term success
Our process is built on clarity and collaboration, guiding every step from strategy to execution to ensure efficient, impactful, and lasting financial solutions.
Accurate Filing, Every Time
End-to-end support to ensure your TDS return filing is error-free and fully compliant.
On-Time Submission
Quarterly deadlines tracked for you, so you never miss a due date or pay late fees.
Simple Online Process
File TDS online with ease — fast, paperless, and guided at every step.
Transparent Charges
Clear pricing for TDS filing services with no hidden costs or surprises.
TDS Return Filing – An Overview
What is TDS Return Filing?
TDS return filing is the process of reporting tax deducted at source to the Income Tax Department. Every entity that deducts TDS must file these returns on a quarterly basis.When you file TDS online, you provide details like:
- The total amount deducted and deposited
- Type of payment such as salary, rent, or interest
- PAN details of both deductor and deductee
Why is it important?
Submitting TDS return online is not just a legal requirement but also a safeguard for businesses. It confirms that taxes have been deducted and paid properly. Whether you are a company or an individual deductor, filing your TDS return on time builds credibility and ensures hassle-free compliance.Filing Made Simple
Today, you can easily submit TDS return online with guided support. Most businesses prefer professional help to ensure error-free filing and to avoid unnecessary charges for filing TDS return.Documents
What documents are needed for TDS return filing?
To file TDS online, you need a few key details that help the Income Tax Department verify your deductions. Having them ready ensures smooth online submission of TDS return.Documents Required for TDS Filing
- TAN Number – Used to identify the deductor
- PAN Details – Of both the deductor and the deductee for proper tax mapping
- Previous TDS Records – Helpful for reference or continuing past filings
- Filing Period – Quarter or annual return details
- Date of Incorporation – Needed for new businesses or first-time filing
- Transaction Count – Total number of TDS entries in the filing period
- Entity Type – Proprietorship, Partnership, Company, or LLP for applicable tax rules
Who Should File TDS Returns?
As per the Income Tax Act, TDS return filing is mandatory for businesses and individuals who deduct tax at source. Returns must be filed for:- Salary payments
- Income from securities
- Lottery or prize winnings
- Horse race winnings
- Insurance commission (including NSS payouts)
Requirements
Who needs to file TDS returns?
TDS compliance applies to businesses and individuals making specific types of payments. You must file TDS online if:- You pay an employee a salary above ₹2.5 lakh per year.
- Rent paid to a landlord exceeds ₹2.4 lakh annually.
- Payments to contractors are over ₹30,000 per bill or ₹1 lakh in a year.
- Professional service payments cross ₹30,000 in a financial year.
Types of TDS Return Forms
Different forms are used for online submission of TDS return, depending on the type of payment:- Form 24Q – For salary payments; filed quarterly by employers.
- Form 26Q – For non-salary payments like rent, interest, or commission.
- Form 27Q – For payments to non-residents or foreign entities.
- Form 27EQ – For Tax Collected at Source (TCS), filed by corporate and government collectors.
TDS Deduction Rates for FY 2025-26
TDS rates decide how much tax is deducted before you receive payment. For FY 2025-26, the rates vary depending on the nature of payment, the threshold, and whether the payee is an individual, HUF, or another entity. Knowing these rates helps in smooth tds filing, accurate tds return filing, and avoiding penalties when you file tds online.
Quick Summary
- Salary TDS is based on slab rates.
- Interest, rent, commission, and winnings have fixed percentage rates.
- Higher TDS applies if PAN is missing or ITRs are not filed.
- These rates apply for online submission of tds return or when you submit tds return online.
TDS Rate Chart – FY 2025-26
| Section | Nature of Payment | Threshold (₹) | Rate for Individual/HUF | Rate for Others |
|---|---|---|---|---|
| 192 | Salary | ₹2,50,000 | Slab Rates | Slab Rates |
| 192A | EPF Withdrawal | ₹50,000 | 10% | 10% |
| 193 | Interest on securities | ₹10,000 | 10% | 10% |
| 194 | Dividend | ₹5,000 | 10% | 10% |
| 194A | Bank/Post Office Interest | ₹40,000 (₹50,000 seniors) | 10% | 10% |
| 194A | Other interest | ₹5,000 | 10% | 10% |
| 194B | Lottery/Puzzle Winnings | ₹10,000 | 30% | 30% |
| 194BA | Online game winnings | – | 30% | 30% |
| 194BB | Horse race winnings | ₹10,000 | 30% | 30% |
| 194C | Contractor payment (per bill) | ₹30,000 | 1% | 2% |
| 194C | Contractor payment (annual) | ₹1,00,000 | 1% | 2% |
| 194D | Insurance commission (domestic) | ₹15,000 | – | 10% |
| 194D | Insurance commission (non-domestic) | ₹15,000 | 5% | – |
| 194DA | Life insurance proceeds | ₹1,00,000 | 5% | 5% |
| 194EE | NSS payments | ₹2,500 | 10% | 10% |
| 194F | Mutual fund repurchase | No limit | 20% | 20% |
| 194G | Lottery commission | ₹15,000 | 5% | 5% |
| 194H | Brokerage/commission | ₹15,000 | 5% | 5% |
| 194I | Rent (land/building/furniture) | ₹2,40,000 | 10% | 10% |
| 194I | Rent (plant/machinery) | ₹2,40,000 | 2% | 2% |
| 194IA | Property transfer | ₹50,00,000 | 1% | 1% |
| 194IB | Rent by individuals/HUF | ₹50,000 monthly | 5% | – |
| 194IC | JDA payments | No limit | 10% | 10% |
| 194J | Professional/technical fees | ₹30,000 | 10% | 10% |
| 194J | Royalty (film distribution) | ₹30,000 | 2% | 2% |
| 194K | Mutual fund income | ₹5,000 | 10% | 10% |
| 194LA | Property acquisition compensation | ₹2,50,000 | 10% | 10% |
| 206AA | Without PAN | – | Higher of specified rate or 20% | Higher of specified rate or 20% |
| 206AB | Non-filers of ITR | – | Higher of 5% or twice the specified rate | Higher of 5% or twice the specified rate |
How to File TDS Return Online – Step by Step
Filing your TDS return online is simple if you follow the right process. It helps you stay compliant, avoid penalties, and ensures that claiming TDS later is hassle-free. Here’s how to do it:
Step-by-Step Guide to File TDS Online
- Prepare the return file – Use the official Return Preparation Utility (RPU) or compatible software to create your TDS statement.
- Format the file – Save the statement in the required ASCII text format (.txt extension).
- Validate with FVU – Run the file through the File Validation Utility (FVU) to check for errors.
- Correct any issues – Fix the errors listed in the FVU report and re-validate.
- Submit online – Upload the validated file on the Income Tax e-Filing portal for online submission of TDS return.
Why Choose Finomitra for TDS Return Filing
While you can file TDS online yourself, mistakes in formatting or submission may lead to penalties. Many individuals and businesses trust Finomitra for accurate and stress-free compliance. With Finomitra, you get:- Easy document sharing and guidance.
- Accurate preparation and validation of your TDS returns.
- Hassle-free tds return filing with on-time submission.
TDS Return Due Dates for FY 2025-26
Timely TDS return filing is important to stay compliant and avoid penalties. The due dates for each quarter are fixed and must be followed strictly.
| Quarter | Period | Due Date to File TDS Online |
|---|---|---|
| Q1 | April – June | 31st July 2025 |
| Q2 | July – September | 31st October 2025 |
| Q3 | October – December | 31st January 2026 |
| Q4 | January – March | 31st May 2026 |
How to Correct Errors in TDS Returns
Mistakes in TDS statements can be fixed easily through online submission. Here’s how you can make corrections:- Login to TRACES with your ID and password.
- Select Request for Correction under the Defaults tab.
- Choose the financial year, quarter, and form type.
- Enter the request details and proceed with PAN correction, challan correction, or other updates.
- Validate and re-submit the updated file using the File Validation Utility (FVU).
- Upload the corrected statement to complete the process.
Penalties for Late or Incorrect TDS Filing
Delays or errors in tds filing can attract heavy penalties. Here’s what you need to know:- Late Filing Fee (Section 234E): ₹200 per day until the return is filed.
- Incorrect or Non-Filing Penalty (Section 271H): ₹10,000 to ₹1,00,000 if errors are not corrected or if the return is not filed within a year.
Why Finomitra
Looking for a simple way to handle TDS return filing near you? Finomitra makes the process stress-free with expert support and reliable online filing solutions.
Why Choose Finomitra for TDS Filing?
- Easy Online Filing: File TDS returns online quickly with guided support.
- Error-Free Process: Our experts check every detail to avoid mistakes and penalties.
- End-to-End Support: From challan correction to TDS discrepancies, we handle it all.
- Always Updated: We keep your returns in line with the latest tax laws.
- On-Time Submission: Never miss deadlines with our timely online submission of TDS returns.
- Clear Reports: Track your filings easily with detailed reports.
Benefits of Filing TDS Online with Finomitra
| Feature | How Finomitra Helps |
|---|---|
| Accuracy | Precise TDS calculations and corrections |
| Convenience | Hassle-free online submission of TDS return |
| Compliance | Always aligned with latest tax rules |
| Transparency | Simple tracking with clear reports |
Frequently Asked Questions
1. How to file a TDS return?
You can file TDS returns online through the income tax portal. For a smooth process, platforms like Finomitra help you submit TDS returns online with accuracy and timely filing.
2. What is the due date for TDS return filing?
TDS returns are filed quarterly. Each quarter has a specific deadline, and filing late may attract penalties.
3. Who is eligible for a TDS refund?
If more tax is deducted than your actual liability, you can claim a TDS refund while filing your income tax return.
4. Can we file the last 3 years’ returns?
Yes, you can file previous years’ returns, but you may need to provide additional details. VyavasayMitra can guide you through backdated TDS filing.
5. How to e-verify a return?
E-verification can be done online using Aadhaar OTP, net banking, or a digital signature. It confirms that your TDS return filing is complete.
6. What is Form 26AS?
Form 26AS is your annual tax statement. It shows all TDS deducted, advance tax paid, and refunds issued against your PAN.
7. Is TDS refundable?
Yes, if excess TDS has been deducted, you can claim it as a refund when you file your income tax return.
8. How to file TDS on salary?
Employers deduct TDS on salary every month. To file, the deductor must submit a TDS return online using Form 24Q for each quarter.