24Q
Salary TDS
Employer statements
TDS Return Filing -Every Quarter
Every quarter, every form, zero defaults. We make 24Q, 26Q and 27Q boring in the best possible way.
ComplyLocal prepares and files quarterly TDS returns for salaries, resident payments, non-resident payments, property TDS and multi-branch deductors. We reconcile books, challans, PANs and TRACES before filing so 26AS credits and certificates do not become a year-end fight.
- Section and threshold review
- Challan and return mapping
- TRACES follow-through
- Correction support where needed
TRUSTED FOR TDS COMPLIANCE
TDS work handled with books, portals and deadlines aligned
26Q
Resident payments
Contractor, rent, professional and more
27Q
Non-residents
NRI and foreign-company payments
Rs.200/day
234E late fee
Capped at TDS amount
PRE-NAV WORKFLOW
Where this service becomes useful
Each scenario starts as an accounts entry and becomes a tax record that must survive portal processing.
When
Quarter closes
The issue
Books show deductions across salary, rent, professional and contractor ledgers
We do
Form-wise return data is prepared and validated
When
Vendor asks for credit
The issue
26AS does not show the expected TDS
We do
PAN, challan and return mapping are reconciled
When
March salary finalised
The issue
Q4 24Q needs year-end salary and exemption data
We do
31 May filing pack is prepared cleanly
When
TRACES default appears
The issue
Short payment, wrong PAN or unmatched challan is flagged
We do
Justification report is decoded and correction planned
What is TDS return filing?
TDS return filing is the quarterly reporting of tax deducted at source by a deductor through forms such as 24Q for salary, 26Q for resident non-salary payments and 27Q for payments to non-residents. The return tells the department who was paid, how much was deducted, which challan funded the deduction and whether the deductee should receive credit in Form 26AS and AIS.
The compliance chain does not end at upload. A clean TDS quarter requires books, challans, returns, TRACES and deductee-side credit to match. If any link breaks, vendors, employees or non-resident payees start seeing missing credit, certificate delays or mismatch notices.
ComplyLocal handles the quarterly cycle as a managed workflow: data collection, challan mapping, FVU-style validation, filing, acknowledgement, TRACES review and correction planning where needed.
WHO THIS IS FOR
TDS Return Filing for real operating teams
The same compliance rule looks different for employers, vendors, collectors, property buyers, remitters and finance teams.
Employers filing 24Q
Salary, perquisite, exemption and year-end employee data prepared for clean quarterly and Q4 filing.
Businesses filing 26Q
Contractor, rent, commission, professional fee and interest payments mapped to the right sections.
NRI and foreign payers
27Q data prepared with non-resident payee details, rates, remittance context and documentation.
Property buyers
26QB property TDS support for transactions above Rs.50 lakh and Form 16B follow-through.
Audit-crossing proprietors
Deductor compliance set up before volumes make quarterly work messy.
Multi-branch deductors
Branch ledgers, TAN handling and challan allocation kept consistent across locations.
HOW WE HANDLE IT
TDS compliance without loose ends
The workflow is built around source records first, portal filing second and TRACES verification after processing.
- 1
Scope and section review
Step 1We identify the payment or collection category, section, rate, threshold, TAN route and quarter before any filing or payment action.
- 2
Books and challan mapping
Step 2Ledgers, deductions, collections, challans, PAN data and branch records are matched before upload or correction.
- 3
Quarterly return prepared
Step 3The statement, challan, certificate or reconciliation pack is prepared with section-wise and party-wise checks.
- 4
Portal filing and validation
Step 4We handle validation, upload, acknowledgement tracking and immediate error correction through the relevant workflow.
- 5
TRACES follow-through
Step 5After processing, defaults, certificates, credit visibility and correction needs are reviewed so the quarter actually closes.
THE 234E METER
Late returns quietly turn into expensive defaults
A delayed statement can trigger Rs.200 per day under section 234E, penalty exposure under 271H and interest for deduction or payment failures.
Rs.200 per day
The 234E fee runs daily and is capped at the TDS amount in the delayed statement.
271H penalty exposure
Serious delays or inaccurate statements can invite penalty from Rs.10,000 to Rs.1 lakh.
Interest tiers
Failure to deduct and deducted-not-paid cases use different monthly interest rules.
Corrections still need discipline
A correction statement can fix errors, but only after the default is understood.
COMMON FAILURE POINTS
What goes wrong when the quarter is rushed
Most defaults are not dramatic. They are small mapping errors left alone until the portal or the payee complains.
The risk
Wrong section or rate used
A payment is classified casually, then the return creates short-deduction or wrong-code defaults.
How we handle it
We map the section and threshold before the challan or statement is filed.
The risk
PAN or party data mismatch
The deductee or collectee cannot see credit because the return data does not match tax records.
How we handle it
We reconcile PAN, amount, quarter, challan and certificate status through TRACES.
The risk
Challan remains unconsumed
Tax was paid, but wrong assessment year, section, minor head or CIN mapping creates a default.
How we handle it
We trace the challan and plan correction before the next filing cycle.
The risk
TDS reviewed only at year-end
By the time accounts close, interest, 234E fee, certificate delays and vendor complaints have already stacked up.
How we handle it
We run monthly payment discipline and quarterly reconciliation so issues stay small.
FAQ
TDS Return Filing FAQs
Self-contained answers on forms, due dates, challans, TRACES records, certificates, corrections and credit visibility.
Fast answersExpert support
- Use 24Q for salary TDS, 26Q for resident non-salary payments and 27Q for non-resident payments. Property TDS and rent TDS have PAN-based challan-cum-statement routes such as 26QB and 26QC.
- For most quarterly TDS statements, the due dates are 31 July, 31 October, 31 January and 31 May for Q4. Monthly TDS payments generally run by the 7th of the following month, with 30 April for March deductions.
- Nil compliance depends on the form, deductor status and whether there was any deduction or reportable transaction. Many businesses keep a working nil confirmation internally even where a formal statement is not required.
- A correction statement amends an already-filed TDS return to fix PAN, challan, deduction, salary, amount or other statement errors. The correction should be based on the TRACES default and source records.
- FVU-style validation checks whether the statement file format and data pass mandatory validations. RPU-style preparation refers to return preparation utilities used to compile statement data before validation and upload.
- Yes. We decode the TRACES justification report, match challans and deductions, compute interest if needed and prepare the correction route.
- Form 24Q is used for salary TDS, Form 26Q for resident non-salary payments, and Form 27Q for payments to non-residents. The right form depends on payment type, payee residential status, and the section under which tax was deducted.
- Section 234E charges Rs.200 per day for delay in filing a TDS statement, capped at the amount of TDS in that statement. Penalty under section 271H can separately apply in serious or prolonged cases.
- TAN is mandatory for most TDS deductors under section 203A. PAN-based routes such as property TDS through 26QB and rent TDS through 26QC are specific exceptions, so most businesses should obtain and use TAN.
- Interest generally applies at 1.5% per month or part month from the date of deduction until payment. It can become expensive because the clock starts from the deduction date, not from the return filing date.
- TRACES is the TDS reconciliation and certificate portal used for defaults, justification reports, correction statements, Form 16, Form 16A, challan status, and deductee-credit visibility workflows.
- Mismatch usually comes from wrong PAN, wrong amount, unmatched challan, late return filing, incorrect section, or correction not yet processed. Books, challans, returns, TRACES and 26AS need to tell the same story.
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