TDS (Tax Deducted at Source) compliance is a critical responsibility for businesses, employers, and professionals under the Income Tax Act. At P.S Associate, we provide end-to-end TDS compliance and filing services to ensure accurate deductions, timely payments, and complete statutory compliance.
Our services begin with identifying applicable TDS provisions based on the nature of payments such as salaries, professional fees, contractor payments, rent, interest, and commissions. We calculate the correct TDS rates, considering exemptions, thresholds, and applicable sections, to avoid excess deduction or non-compliance.
We handle monthly TDS calculations and challan payments, ensuring deposits are made within prescribed due dates. Our team prepares and files quarterly TDS returns (Form 24Q, 26Q, 27Q) accurately, minimizing the risk of errors, notices, or penalties.
In addition, we manage TDS certificates (Form 16 and Form 16A) and ensure timely issuance to employees and vendors. We also provide reconciliation support with Form 26Q/26AS and assist in resolving mismatches, defaults, or notices issued by the Income Tax Department.
With our structured approach, businesses can remain compliant, reduce litigation risk, and focus on core operations while we manage their complete TDS lifecycle efficiently and professionally.