TDS Compliance in Tumakuru

Local jurisdiction

Registrar (RoC)

RoC Bangalore — E-Wing, 2nd Floor, Kendriya Sadana, Koramangala, Bengaluru – 560034

Jurisdictional HC

Karnataka High Court

GSTIN prefix

29 (Karnataka)

Professional Tax

Karnataka levies Professional Tax (max ₹2,400/year). Enrollment certificate required within 30 days of incorporation.

Business hubs

Vasanthanarasapura Industrial Node, Sira Toy Cluster, Antharasanahalli, HAL Helicopter Unit

Tumakuru is an emerging Bengaluru-corridor industrial node — site of a national toy-manufacturing cluster (Sira) and the HAL helicopter facility.

Also in: Bengaluru

TDS compliance is a deductor’s duty to deduct tax at source on specified payments — salary (192), contractor (194C), professional/technical fees (194J), rent (194I), commission (194H), interest (194A) and purchase of goods over ₹50 lakh (194Q) — then deposit it and report it. TDS must be deposited by the 7th of the next month (by 30 April for March deductions), quarterly returns filed in Form 24Q / 26Q / 27Q, and Form 16 / 16A issued to deductees. A valid TAN is required before any deduction.

7th

Deposit deadlineDeducted TDS must be deposited by the 7th of the next month (by 30 April for March deductions). Late deposit attracts interest under Section 201(1A) and late-filing of returns attracts a fee of ₹200/day under Section 234E.

Understand It

What Is TDS Compliance?

A quick, plain-language explanation before the details.

In simple terms

TDS compliance is a deductor’s duty to deduct tax while making specified payments, deposit it with the Government by the due date, file quarterly returns and issue TDS certificates to the deductees.

Legally

TDS is governed by Chapter XVII-B of the Income-tax Act, 1961. Each payment is mapped to a section (192, 194C, 194J, 194I, 194H, 194A, 194Q, 195 and others) with its own rate and threshold, and the deducted tax is reported in quarterly statements.

Governing authority

Administered by the Income Tax Department, with returns filed and certificates downloaded through TRACES (tdscpc.gov.in) and challans paid on the e-filing / TIN portal.

Validity

The deductor must hold a valid TAN before deducting. Deposits are due by the 7th of the next month (30 April for March) and returns each quarter, with Form 16/16A issued after filing.

Service Intelligence

Quick Facts

Professional Fee

Custom quote

Governing Law

Income-tax Act 1961

Deposit Due

7th of next month

Mode

100% Online

Authority

Income Tax Dept

Returns

24Q / 26Q / 27Q

Return Cycle

Quarterly

Prerequisite

Valid TAN

Legal & Regulatory Framework

Act

Income-tax Act, 1961

Chapter

XVII-B (TDS)

Late Fee

Section 234E

Authority

Income Tax Dept

Portal

TRACES / tin

Last Reviewed

17 Aug 2026

Before You Start

Is This Service Right for You?

Ideal for

Companies & LLPs deducting on contractor, professional, rent & interest payments
Employers deducting salary TDS under Section 192 and issuing Form 16
Proprietors & firms under tax audit deducting TDS on business payments
Buyers of goods over ₹50 lakh — Section 194Q at 0.1%
Payers to non-residents — Section 195, filing Form 27Q (DTAA may reduce the rate)
Rent & commission payers under Sections 194I and 194H

You may need this if

You make payments that attract TDS above the section threshold
You have salaried employees and must issue Form 16
You need to obtain a TAN before deducting tax
You have quarterly TDS returns (24Q/26Q/27Q) due
You have received a TRACES default or short-deduction notice
You pay a non-resident and must file Form 27Q

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Why It Matters

Why TDS Compliance is Important

Correct, on-time TDS deduction, deposit and return filing protects your expense deductions, keeps deductees’ credit clean and avoids interest and penalties. Here is why it matters.

01

Avoid Disallowance

30% of an expense can be disallowed under Section 40(a)(ia) if TDS is not deducted or not deposited on time.
02

No Interest Leakage

Section 201(1A) charges 1% per month for short/non-deduction and 1.5% for non-deposit until it is paid.
03

Clean 26AS Credit

Accurate returns ensure deductees see their TDS credit in Form 26AS / AIS — no disputes or grievances.
04

Correct Section & Rate

Right section (192/194C/194J/194I/194Q) and rate avoids short-deduction demands from TRACES.
05

Timely Deposits

TDS deposited by the 7th of the next month (30 April for March) means no interest under 201(1A).
06

No 234E Late Fee

Returns filed on time avoid the ₹200/day late-filing fee under Section 234E and penalty under 271H.

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Eligibility

Who Can Apply?

Companies & LLPs deducting on business payments

Employers deducting salary TDS (192)

Proprietors & firms under tax audit

Buyers of goods over ₹50 lakh (194Q)

Payers to non-residents (195 / Form 27Q)

Rent & commission payers (194I / 194H)

Eligibility checklist

A valid TAN obtained before making any deduction
Each payment mapped to the correct section, rate and threshold
Valid PAN of every deductee (higher TDS under 206AA if absent)
TDS deposited by the 7th of the next month (30 April for March)
Quarterly return (24Q/26Q/27Q) prepared with challan & deductee details
Form 16/16A downloaded from TRACES and issued to deductees

End-to-End

Everything You Need. One Professional Team.

01

TAN Registration

Obtain or correct your TAN where needed before deduction begins.

02

Section & Rate Mapping

Map every payment to the correct TDS section, rate and threshold.

03

Challan Payment

Compute TDS, generate the challan and deposit by the 7th of the next month.

04

Return Preparation

Prepare 24Q/26Q/27Q with challan and deductee PAN details, validated via FVU.

05

Return Filing

File the quarterly statement on the TIN/TRACES portal by the due date.

06

Form 16 / 16A

Download the certificates from TRACES and share them with your deductees.

07

26AS / AIS Reconciliation

Reconcile so deductees see their TDS credit correctly reflected.

08

Default & Notice Support

Handle TRACES defaults, short-deduction and late-fee notices on your behalf.

No Ambiguity

What You’ll Receive

TAN registration / correction (if needed)

Section & rate mapping for every payment

TDS challan payment (7th-of-month deposit)

Quarterly 24Q / 26Q / 27Q return filing

Form 16 & Form 16A downloaded from TRACES

26AS / AIS reconciliation for deductees

Default & notice handling support

Filing acknowledgement and records

Checklist

What Documents Are Required for TDS Compliance?

Requirements are grouped by deductor details, deduction/challan and deductee data. Keep clear scans (PDF/JPG) ready — everything is collected securely online, and we provide a checklist matched to your return type (24Q/26Q/27Q).

Choose a document group

Deductor Details

About the deductor

5 documents

TAN of the deductor
PAN of the deductor / business
Name, address & category of deductor
Contact details of the responsible person
Previous quarter’s TDS return (if any)

TAN is mandatory

You must hold a valid TAN before deducting TDS. It is quoted on every challan, return and certificate — deducting without a TAN attracts penalty.

Deposit by the 7th

Deducted TDS must be deposited by the 7th of the next month, and by 30 April for March deductions. Late deposit attracts interest under Section 201(1A).

Valid deductee PAN

Where a deductee does not furnish a valid PAN, higher TDS applies under Section 206AA (up to 20%). Correct PANs also ensure clean 26AS credit.

Right return form

Use 24Q for salary, 26Q for other resident payments and 27Q for non-resident payments. We select the correct form for each quarter.

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Step by Step

How TDS Compliance Works (Step by Step)

The entire cycle runs each month and quarter, 100% online through the TIN and TRACES portals, with status updates throughout.

01

Section Mapping

Review your payments and map each to the correct TDS section and rate.

02

Deduct & Deposit

Compute TDS, generate the challan and deposit by the 7th of the next month.

03

Return Preparation

Prepare 24Q/26Q/27Q with challan and deductee PAN details.

04

Return Filing

Validate via FVU and file the quarterly statement on the TIN/TRACES portal.

05

Certificates Issued

Download Form 16/16A from TRACES and share them with your deductees.

06

Reconcile & Support

Reconcile 26AS/AIS and handle any TRACES default or notice raised.

How Long It Takes

How Long Does TDS Compliance Take?

Stage	Expected Time
Section mapping & challan deposit	Monthly — by the 7th
Quarterly return preparation & FVU validation	2–4 working days
Return filing & Form 16/16A download	By the quarter due date

Deposits are due by the 7th of the next month (30 April for March). Quarterly returns are due Q1 31 Jul, Q2 31 Oct, Q3 31 Jan and Q4 31 May, with Form 16/16A issued after filing. Officer queries or corrections may extend timelines.

Compliance Calendar

Key Dates — At a Glance

Frequency	What Is Due
Monthly	Deduct TDS at the correct section & rate · Deposit deducted TDS by the 7th of the next month · 30 April deadline for March deductions
Quarterly	File 24Q / 26Q / 27Q — 31 Jul, 31 Oct, 31 Jan, 31 May · Reconcile challans with deductee PAN details · Correct any short-deduction or challan mismatch
Annually	Issue Form 16 (salary) by 15 June · Issue Form 16A (non-salary) to deductees · Reconcile all credits in deductee 26AS / AIS
Event-Based	File TRACES corrections for PAN / challan errors · Apply Form 13 for lower/nil deduction where needed · Respond to any TRACES default or notice

Dates are indicative and may change with government notifications. Our team tracks every deadline so you never miss a filing.

Why Outsource

Doing It Yourself vs TaxClue

Doing It Yourself

Obtain a TAN and map every payment to the correct section yourself
Track each 7th-of-month deposit and generate challans
Prepare 24Q/26Q/27Q and validate them through the FVU
File quarterly on the TIN/TRACES portal before each due date
Download and issue Form 16/16A to every deductee
Reconcile deductee 26AS/AIS to avoid credit disputes
Risk interest (201/1A), 234E late fee and 271H penalty on errors

With TaxClue

TAN obtained/corrected and every payment mapped correctly
Deposits made by the 7th — no interest under 201(1A)
24Q/26Q/27Q prepared and FVU-validated for you
Returns filed on time — no ₹200/day 234E late fee
Form 16/16A downloaded from TRACES and issued
26AS/AIS reconciled so deductees get clean credit
TRACES defaults and notices handled with 30-day support

Skip the guesswork.

Let an expert handle it →

Avoid Delays

Common Mistakes That Delay Your Application

Deducting TDS without obtaining a TAN first

Applying the wrong section or rate to a payment

Missing the 7th-of-month deposit deadline

Filing the wrong return form (24Q vs 26Q vs 27Q)

Quoting an invalid or missing deductee PAN (206AA higher TDS)

Late quarterly filing attracting the 234E ₹200/day fee

Not deducting higher TDS where PAN is not furnished

Not issuing Form 16/16A on time to deductees

TaxClue reviews your documents before filing to reduce avoidable errors.

Stay Compliant

Ongoing TDS Compliance After You Deduct

Monthly

Deduct TDS at the correct section & rate
Deposit deducted TDS by the 7th of the next month
30 April deadline for March deductions

Quarterly

File 24Q / 26Q / 27Q — 31 Jul, 31 Oct, 31 Jan, 31 May
Reconcile challans with deductee PAN details
Correct any short-deduction or challan mismatch

Annually

Issue Form 16 (salary) by 15 June
Issue Form 16A (non-salary) to deductees
Reconcile all credits in deductee 26AS / AIS

Event-Based

File TRACES corrections for PAN / challan errors
Apply Form 13 for lower/nil deduction where needed
Respond to any TRACES default or notice

Risk Assessment

Penalties & Consequences

What is at stake if you do not comply

30% disallowance of the expense under Section 40(a)(ia) for non-deduction or non-deposit of TDS
Interest under Section 201(1A) — 1% per month for short/non-deduction, 1.5% for non-deposit
Late-filing fee of ₹200/day under Section 234E, capped at the TDS amount
Penalty of ₹10,000–₹1,00,000 under Section 271H for late or incorrect returns
Higher TDS under Section 206AA where the deductee PAN is missing or invalid

Latest Updates

Regulatory Updates 2025–26

Budget 2025: TDS/TCS thresholds were rationalised — for example the annual TDS-on-rent threshold under Section 194-I was raised to ₹6 lakh and several rates were streamlined.
2025: TDS returns are filed quarterly in Forms 24Q/26Q/27Q (and 27EQ for TCS); Form 16/16A is generated from TRACES after filing.
2025: Higher TDS/TCS for non-filers under Sections 206AB/206CCA has been withdrawn to ease compliance.
2025: The Income-tax Act, 2025 takes effect from 1 April 2026 (AY 2026-27), consolidating the TDS/TCS provisions.

The Difference

Why Businesses Choose TaxClue

01

CA / CS Team

Qualified Chartered Accountants and Company Secretaries with deep TDS expertise handle your compliance.

02

End-to-End

From section mapping to certificate download — fully managed, with minimal effort from you.

03

Fast Turnaround

Committed timelines with proactive status updates and due-date reminders. No delays, no excuses.

04

100% Online

Everything over WhatsApp / email — no office visits ever required.

05

Transparent Fees

Fixed pricing quoted upfront — ₹0 hidden professional charges.

06

Post-Filing Support

30 days of post-filing support included, with TRACES notice handling covered.

Data Care

Your Documents Deserve Professional Care

Documents handled by professionals under confidentiality
Access limited to the team working on your compliance
Communication over secure digital channels
Documents retained only as long as needed for compliance

Answers

Frequently Asked Questions

What is TDS and when must it be deducted?

TDS is tax deducted at source at the time of credit or payment on specified payments — salary (192), rent over ₹50K/month by individuals (194-IB), professional fees over ₹30K/year (194J), contractor payments (194C) and more. The deductor must hold a valid TAN before deducting.

What is the due date for TDS payment?

Deducted TDS must be deposited by the 7th of the next month for all months except March — TDS deducted in March is due by 30 April. Late deposit attracts interest of 1.5% per month under Section 201(1A) from the date of deduction to the date of deposit.

What are the TDS return filing deadlines?

Quarterly returns are due Q1 by 31 July, Q2 by 31 October, Q3 by 31 January and Q4 by 31 May. Late filing attracts a fee of ₹200 per day under Section 234E, capped at the TDS amount, plus a possible penalty under Section 271H.

What is the difference between 24Q, 26Q and 27Q?

Form 24Q is the quarterly return for TDS on salary (Section 192). Form 26Q is for TDS on other payments to residents (194C, 194J, 194I, 194H, 194A and others). Form 27Q is for TDS on payments to non-residents (Section 195). We select the correct form for each quarter.

What is Form 16 and who issues it?

Form 16 is the salary TDS certificate issued by the employer, generally by 15 June. Part A shows TDS deducted and deposited; Part B shows the salary breakup. It is downloaded from TRACES and used by the employee to file their ITR. Form 16A is the equivalent for non-salary payments.

What is Form 26AS?

Form 26AS is the annual tax credit statement showing all TDS deducted against your PAN, advance tax and self-assessment tax paid. Deductees should reconcile it (along with the AIS) to confirm their TDS credit before filing their ITR.

What if TDS was deducted but not deposited?

The deductee can raise a grievance on TRACES or with the jurisdictional TDS Assessing Officer. Credit is available to the deductee only after the deductor deposits the TDS and files the quarterly return reflecting it. The deductor also pays interest under Section 201(1A).

What interest and penalties apply for TDS defaults?

Interest under Section 201(1A) is 1% per month for non/short deduction and 1.5% per month for non-deposit. Late return filing attracts a ₹200/day fee under Section 234E (capped at the TDS amount) and a penalty of ₹10,000 to ₹1,00,000 under Section 271H. Wilful non-payment can attract prosecution under Section 276B.

When is TDS required on purchase of goods (194Q)?

A buyer whose turnover exceeded ₹10 crore in the preceding year must deduct TDS at 0.1% under Section 194Q on purchase of goods from a resident seller above ₹50 lakh in a financial year. TCS under 206C(1H) and TDS under 194Q cannot both apply to the same transaction.

What is a lower TDS deduction certificate?

Form 13 is applied for by a taxpayer whose actual tax liability is lower than the standard TDS rate, allowing tax to be deducted at a lower or nil rate. The certificate is issued on the TRACES portal and is valid for the financial year specified.

Do I need a TAN for TDS compliance?

Yes. A TAN (Tax Deduction and Collection Account Number) is mandatory before deducting TDS. It is quoted on every challan, return and certificate. Deducting or depositing TDS without a TAN attracts a penalty. We obtain or correct your TAN as part of the service.

Can excess TDS be claimed as a refund?

Yes. For a deductee, excess TDS is reflected as a tax credit when they file their ITR, and any excess over their liability is refunded to their PAN-linked bank account. A deductor who has deposited excess TDS can claim it through the TRACES refund process.

Who must deduct TDS under the Income-tax Act?

Any person making a specified payment above the threshold must deduct TDS — companies, LLPs, firms and, in many cases, individuals or HUFs whose accounts were audited in the preceding year. Employers deduct salary TDS under Section 192, and business payers deduct on contractor (194C), professional (194J), rent (194I) and interest (194A) payments. A valid TAN is required before deducting.

What are the TDS rates for common payments?

Broadly, salary (192) is deducted at the employee’s slab rate; contractor payments (194C) at 1% (individual/HUF) or 2% (others); professional or technical fees (194J) at 10% (2% for technical services); rent of land or building (194I) at 10%; and purchase of goods over ₹50 lakh (194Q) at 0.1%. Rates and thresholds change, and higher TDS applies under Section 206AA where the deductee has no PAN.

What is the difference between TDS and TCS?

TDS is tax the payer deducts from a payment before releasing it, reported in Form 24Q/26Q/27Q. TCS is tax the seller collects from the buyer at the point of sale under Section 206C, reported in Form 27EQ. They are separate compliances, though both require a TAN and are deposited by the 7th of the next month.

When must TDS be deducted — on payment or on credit?

For most sections, TDS must be deducted at the time of credit to the payee’s account or at the time of actual payment, whichever is earlier. Salary under Section 192 is an exception, deducted at the time of payment. Deducting late attracts interest under Section 201(1A) from the date it should have been deducted.

How do I correct an error in a filed TDS return?

You file a correction (revised) statement on TRACES using the consolidated (conso) file and the original token number — not a fresh return. Corrections fix a wrong deductee PAN, a challan mismatch, a wrong section or missing deductee rows, so the deductee’s 26AS/AIS credit is restored and TRACES defaults are cleared.

Verify Everything

Official Sources & Legal References

Every regulatory detail on this page — sections, deadlines, interest and penalties — is drawn from primary law and official government sources. Verify them directly:

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