INCOME TAX AND TDS

We are the reliable Income Tax Consultant, offering the most comprehensive services to our clients. The Income Tax Consultant services offered by us comprises of the gamut of services. We also assist for assessments and appeals of income tax, TDS deductions, returns and many more services related to Income Tax Consultancy. Income Tax Consultant services are rendered by the aid of our highly experienced professionals who have in-depth knowledge of this field. We are one of the most trusted sources of services in the realms of income tax returns in India.

We offer clients competent service support for filing of eTDS. It is submitting TDS through electronics means and has emerged as convenient modes of collection of tax affected at the source from assessed in India. Here, in events where specified income is generated as per the Income-tax Act, the payer of such income needs to deduct stipulated percentage of such income through Income-tax and pay balance amount to the recipient. This dedicated tax is deducted at source by payer and is deposited in Government treasury through the means of eTDS. eTDS is deducted from income of recipient as payment of Income-tax by recipient at time of assessment. There are several listed income sources that are subjected to tax deduction at source and is presently also used as instrument to enlarge tax base like –

• Salary
• Interest/Dividend
• Interest on securities
• Winnings from lottery
• Commission & brokerage
• Rent
• Fees for professional & technical services

As a form of Advance tax paid to government, E-TDS returns are prepared in form No. 24, 26 or 27 as per Govt. of India Income Tax Act. Under this act, all Government & Corporate deductors/collectors need to file TDS (Income Tax Deducted at Source) returns on electronic media. Here, our expertise lies in providing services in preparation of e-TDS through –

• Quarterly returns
• Annual filings