TDS Return Filing Online in India

Accurate • Timely • Penalty-Free Compliance

By Acumen Financial Solutions

Are you searching:

• How to file TDS return online?

• What is Form 24Q or 26Q?

• What is penalty under Section 234E?

• How to revise TDS return?

• What is TDS return due date?

Acumen Financial Solutions provides end-to-end TDS Return Filing Services across India ensuring full compliance under the Income Tax Act, 1961.

We handle:

✔ Form 24Q (Salary TDS)
✔ Form 26Q (Non-Salary Resident Payments)
✔ Form 27Q (Non-Resident Payments)
✔ Form 26QB (Property Purchase TDS)
✔ Form 26QC (TDS on Rent)
✔ Revised TDS Returns
✔ Notice & Default Resolution

What is TDS Return Filing?

A TDS return is a quarterly statement filed by a deductor who deducts tax at source while making specified payments such as:

• Salary

• Professional fees

• Contractor payments

• Rent

• Interest

• Commission

• Property purchase

The return contains:

• TAN of deductor

• PAN of deductee

• Amount paid

• TDS deducted

• Challan details

• Deposit confirmation

Once filed, the deducted tax reflects in the deductee’s Form 26AS and AIS.

Who is Required to File TDS Return?

You must file TDS return if you:

• Have TAN (Tax Deduction Account Number)

• Deduct TDS on salary or vendor payments

• Are subject to audit under Section 44AB

• Are a company, LLP, partnership, or government body

Even Nil TDS return may be required in certain compliance scenarios.

TDS Return Due Dates (Quarterly)

April – June → 31 July
July – September → 31 October
October – December → 31 January
January – March → 31 May

Late filing triggers automatic late fee and penalty.

What is Revised TDS Return?

A revised TDS return is filed to correct errors in original filing such as:

• Wrong PAN

• Incorrect challan number

• Wrong deduction amount

• Missing deductee details

Timely correction avoids:

• Notice from Income Tax Department

• Deductee credit mismatch

• Penalty under Section 271H

Acumen Financial Solutions manages correction statements through TRACES portal.

TDS Penalties & Legal Consequences

Section 234E – Late Filing Fee

₹200 per day of delay (maximum up to TDS amount)

Section 271H – Additional Penalty

₹10,000 to ₹1,00,000 for incorrect or non-filing

Section 201(1A) – Interest

1% per month for non-deduction
1.5% per month for late payment

Section 40(a)(ia) – Expense Disallowance

30% of expense disallowed if TDS not deducted/deposited

Section 276B – Prosecution

Imprisonment for serious non-compliance

Updated TDS Compliance (From FY 2025–26)

Recent changes include:

• Revised TDS threshold limits (as per Finance Bill updates)

• Enhanced AIS cross-verification

• Automated mismatch notices

• Mandatory PAN validation

• Stricter reconciliation requirements

The Income Tax Department now uses algorithm-based cross-matching between:

• TDS return

• Form 26AS

• AIS

• Income Tax Return

Even small mismatches trigger automated communication.

Common Founder Search Questions (AEO Optimized)

Is TDS filed monthly?

No. TDS return is filed quarterly. However, TDS payment is deposited monthly.

Is TDS applicable including GST?

Generally, TDS is deducted on taxable value excluding GST, if GST is separately mentioned.

Can I file TDS return after due date?

Yes, but late fee under Section 234E and possible penalty under 271H applies.

How many times can I revise TDS return?

There is no fixed limit, but repeated revisions increase compliance risk.

What happens if PAN is incorrect?

Higher TDS rate (20%) may apply and credit mismatch occurs.

Step-by-Step Process to File TDS Return Online

1. Collect TAN & PAN details

2. Gather challan payment information

3. Prepare return using RPU utility

4. Validate via FVU

5. Generate .fvu file

6. Upload on Income Tax Portal

7. Attach DSC if required

8. Download acknowledgment

Acumen Financial Solutions handles entire process including validation and error correction.

Documents Required for TDS Filing

• TAN

• Deductor PAN

• Deductee PAN list

• Challan details (CIN, BSR code, amount)

• Payment breakup

• Previous return (if revision)

• DSC (if applicable)

Why Choose Acumen Financial Solutions for TDS Return Filing?

Unlike automated filing portals, we provide:

✔ Chartered Accountant supervision
✔ Invoice-level reconciliation
✔ PAN verification & validation
✔ Default summary review (TRACES)
✔ AIS cross-check
✔ Notice response support
✔ Quarterly compliance monitoring

We ensure your business remains:

• Audit ready

• Bank friendly

• Investor compliant

• Legally protected