At Taxshila Advisors, we understand that managing Tax Deducted at Source (TDS) is a crucial aspect of your fiscal responsibilities. Navigating through the TDS provisions requires expertise and precision, and we bring both to ensure your compliance with the Indian Income Tax Act, all while maintaining a professional, client-centric approach.
TDS Compliance
Our dedicated team ensures that your business is up-to-date with the latest TDS regulations, offering comprehensive services that cover every aspect of TDS compliance. From deducting the correct tax at source to timely depositing it with the government, we manage the entire TDS lifecycle meticulously.
Filing of TDS Returns
Taxshila Advisors facilitates accurate and prompt filing of quarterly TDS returns. We reconcile your transactions and deductions, ensuring error-free submissions. With our expert services, penalties for late or incorrect filings become a thing of the past.
Consultation on TDS Rates and Applicability
Understanding the complexity of TDS rates and their applicability to various transactions can be challenging. Our experts provide detailed consultations to educate and guide you on the appropriate TDS rates applicable to different payments, as prescribed by the Income Tax laws.
TDS Certificates and Reconciliation
Issuing TDS certificates to the deductees within the prescribed time frame is a statutory mandate. We handle the generation and distribution of Form 16 or Form 16A certificates, along with the annual reconciliation of such certificates with the filed returns, ensuring a smooth process for both you and your stakeholders.
Assessment and Advisory
We conduct thorough assessments to identify any potential TDS defaults or discrepancies and offer advisory services to rectify them. Our goal is to prevent any interest or penalty that may arise due to non-compliance.
Handling TDS for Special Transactions
Special transactions require a deeper understanding of TDS provisions. Taxshila Advisors has the expertise to manage TDS on property purchases, rent, commission, professional fees, and foreign payments, ensuring compliance across the board.
TDS Health Check-up
We offer a TDS health check-up service to review your accounts and processes. This proactive review helps in identifying any pitfalls in your TDS compliance before they become an issue, thus ensuring peace of mind.
Liaison with Tax Authorities
Should there be any queries or clarifications required from the tax authorities, Taxshila Advisors acts as a bridge between your business and the authorities. We represent you in all communications, ensuring that your side is presented accurately and professionally.
TDS Training
To empower your in-house team, we provide training sessions on TDS compliance, equipping them with the knowledge to handle day-to-day TDS matters effectively and efficiently.
Refund Assistance
In instances where excess TDS has been deducted or deposited, our team assists in the process of claiming timely refunds. We ensure that your funds are reclaimed without unnecessary delays.
At Taxshila Advisors, we are dedicated to demystifying TDS compliance for you. Our tailored services are designed to ease the burden of TDS regulations, allowing you to focus on the growth and success of your business. By partnering with us, you gain access to a team committed to excellence, integrity, and, most importantly, your business’s financial well-being. Reach out to Taxshila Advisors today, and let’s ensure your TDS obligations are managed with utmost professionalism and precision.