Filing TDS Return

  • Home
  • Filing TDS Return

What exactly is TDS?

TDS or tax deducted at source is the tax collected by the government of India at the instant a transaction occurs. In this situation, the tax must be deducted when the funds are deposited into the payee’s account or when the expense is made, whichever occurs initially. When an income payment or a life insurance policy is made, they deducted tax at the time it makes the payment. This amount is subsequently deposited with the Income-tax Department by the deductor. It paid directly to a bit of the tax to the IT Department via TDS.

Navigating and uploading a TDS return on the site might demand some taxpayers. Many people find it hard to fulfill the data process. As a result, the income tax agency has made it probable to post the return on their website.

The TDS reappearance must include the deductor’s TAN and PAN character, the payee’s PAN number, amount of tax paid, the details of the challan, the way of payment, and other information. The employer or organization deducting TDS must contain a suitable Tax Collection and Deduction Account Number to file the return (TAN).

TDS (Tax Deducted at Source) is an indirect mechanism of tax deduction under the Income Tax Act of 1961 at the point of income formation. The payer deducts tax and remits it to the government on behalf of the payee. A TDS Return is a quarterly declaration that must be filed to India’s Income Tax Department. If you are a deductor, you must file a  return. It contains information concerning the TDS you deducted and deposited. It is the duty of the person depositing someone for particular goods or services to take off TDS and file a TDS return. Salary, interest, commission, brokerage, specialized fees, royalties, contract payments, and so on are all incorporated in the acknowledged payment. The person who deducts is transferred to as the deductor, while the individual whose tax is being deducted is referred to as the deducte. 

It usually deducts tax at a rate of 10 percent.

Transparency and Customer-centricity

What is a TAN, also known as a Tax Deduction and Collection Number?

The TAN, or Tax Deduction and Collection Number, is a ten-digit alpha number that any person who is liable for Tax Deduction at Source or Tax Collection at Source on behalf of the government must get. The individual who took off the tax on the basis must pay the deduction to the Central Government using his TAN number. Salaried people are unnecessary to get TAN or deduct charges at the source. With sole proprietorship firms and other organizations, the tax must be deducted at the foundation when certain amounts are made, such as salaries, payments to contractors, and lease payments above Rs.1,80,000 per year. Businesses with TAN registration must file TDS returns quarterly. 

Eligibility requirements for submitting a TDS Return

TDS returns can be filed by companies or employers that have got a Tax Collection and Deduction Number (TAN).

Any person making the coming remittances is obliged by the Income Tax Act to deduct the rate at the source and set down the tax within the time structure provided for the following payments:

  • Payment of the salary
  • Gaining income from securities through winning lotteries, riddles, and additional sports event
  • Payment of insurance commissions in link with the National Savings Scheme, in the middle of other things.

Apply for TDS Return Online

The Internet may apply for a new PAN allotment. Requests for modifications or corrections to data, as well as needs for reprinting of PAN cards (for existing PANs), can also be submitted through the Internet.


Visit the Income Tax PAN Services Unit.


Form 49A or Form 49AA can apply for a new PAN. Fill out the form and present it online. When the form is lucratively submitted online, recognition with a unique acknowledgment/coupon number is accessible. This acknowledgment must be saved and printed for prospect utilization.


The acknowledgment form must be submitted to the PAN Service provider. You must provide proof of identification, proof of residence, and proof of the date of birth with the acknowledgment form before mailing it. Your name in these papers should be the same as the name requested on the PAN form. Please keep this in mind when implementing the PAN application form.


Two up-to-date colored pictures must be included in the acknowledgment form in the particular place. They must make signatures at the precise location. The photograph should be fresh and obvious, as it will come into view on your PAN card.


For communication addresses within India, the PAN application price is Rs.105 (including taxes). Payment methods comprise checks, demand draught, online banking, credit, and debit card. If the communication address is outside of India, the PAN charge is Rs. 971 demand draught, credit, or debit card can pay (for NSDL) and by the draught or credit card. If a deposit is made by online banking, credit card, or debit card, the payment must be completed at the time of filling out the PAN application form, following which payment will be sent. Please print this deposit receipt and fasten it to the acknowledgment form. Photographs, evidence of identification, proof of address, proof of the date of birth papers, and payment/payment proof must escort a fully signed acknowledgment form. This must be sent to the PAN Service provided within 15 days following the date of the online PAN request.

Join the Conversation
Company Profile
Download Proposal
Asia:+91-9643-460-171 Europe:+31-(0)20-244-1878