TDS & TCS Compliance

Computation and timely return filing.

Taxation

TDS & TCS Compliance

Overview

Timely and accurate Tax Deducted at Source (TDS) and Tax Collected at Source (TCS) compliance is essential to avoid interest, penalties, and disallowances. We assist businesses in managing their TDS and TCS obligations through accurate computation, timely deposit of taxes, return filing, reconciliations, and ongoing compliance support in accordance with the Income-tax Act, 2025.

Scope of Services

  • Determination of TDS and TCS applicability on various transactions.
  • Computation of taxes to be deducted or collected.
  • Assistance in obtaining TAN and other statutory registrations.
  • Quarterly TDS and TCS return preparation and filing.
  • Generation and issuance of TDS certificates.
  • Reconciliation of TDS/TCS with books of account and the compliance portal.
  • Correction statements and rectification of filing errors.
  • Advisory on lower or nil deduction/collection certificates and other compliance matters.
  • Assistance during departmental notices, defaults, and reconciliation proceedings.

Our Approach

We establish structured compliance processes that ensure timely deduction or collection, accurate reporting, and seamless reconciliation. Our team continuously monitors regulatory changes, reviews transactions for compliance, identifies potential risks, and provides practical solutions to minimise defaults while ensuring efficient compliance management.

Key Benefits

  • Accurate and timely TDS & TCS compliance.
  • Reduced exposure to interest, penalties, and disallowances.
  • Proper reconciliation with statutory records.
  • Timely issuance of TDS certificates.
  • Assistance in resolving compliance defaults and notices.
  • Continuous support for evolving tax regulations.
  • Peace of mind through proactive compliance management.