TDS RETURNS
2,500/- (Quarterly fees)
Important Points
- TDS Stands for Tax Deducted at Source while the TCS stands for tax collected at source.
- Every Deductor who is liable to deduct TDS or Collect TCS under the Income tax Act 1961 have to file Quarterly TDS/TCS Return
- Non Filling of TDS/TCS Return attract penalty of amt Rs.200/Day maximum up to TDS amount Involved.
- Every Deductor who is liable to deduct TDS or Collect TCS under the Income tax Act 1961 have to file Quarterly TDS/TCS Return
- Non Filling of TDS/TCS Return attract penalty of amt Rs.200/Day maximum up to TDS amount Involved.
TDS RETURN & IT'S COMPLIANCES
TDS RETURN COMPLIANCES
TDS compliances should be fulfilled where the tax is collected or Deducted over a payment made for an asset or service. Different types of payments, such as, rent, commission, professional fees, interest, etc. are there on which TDS is applicable in India. Based on its type, the TDS deposit procedure and its receipt that is compulsorily be given to the seller/service provider varies accordingly. Here we’re to provide you 100% Government-authorized and risk-free TDS compliances assistance. Do not delay in availing and complete this liability. It can cost you penalties/legal charges if you fail to pay the TDS and file its details within due time.
What if Deducter Didn't Deduct TDS
Non-Deduction or Non-Payment of TDS on payments made to residents as specified in section 40 (a) (ia) of the Act, the disallowance shall be restricted to 30% of the amount of expenditure on which TDS is not deducted.
# Due Date of TDS Payment: Every Deducter who Deducted TDS have to Deposit TDS on or before the 7th of Succeding month.
# File for Incorporation: After taking name approval, the next step is to file for incorporation via spice form INC 32. Further, PAN and TAN are not required to be filed separately and the same is allotted on company formation.
# Take GST Registration: After incorporation, access your business and take necessary registration including GST registration. This is because working without tax license is illegal in India.
Know the basics
Learn the basics about Private Limited Company & its compliance
Documents required for Private Company Registration
For Directors/Shareholders
-
Copy of PAN Card
- Aadhar Card
- Address Proof (Bank Statement, Mobile bill, Telephone bill)
- Passport Size Photo
For Registered Office
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Ownership Proof (Electricity bill etc)
- Utility Bill (Gas bill, Electricity bill)
- NOC (Download format)
Private Limited Company Registration Process
Private Limited Company registration process is very simple with hubco.in. The whole procedure is completely online and one need not visit our office physically to get the Company registration.
# Step 1 - Arrange all required documents: The first step is to arrange all the documents and send the same over the email to us. We will check it and if everything is fine, you will required to pay 50% advance.
# Step 2 - DSC, DIN and Name Approval: After receiving the required documents and 50% advance, we shall start your work. We will get the DIN, DSC and the name approval.
# Step 3 - File for incorporation: Once your name is approved, you will be required to pay the rest of the amount and then we will be file your companies incorporation. Once approval is granted, the incorporation work stands complete.
