TDS / TCS Compliance, Returns & Reconciliation
Accurate. Timely. Fully Compliant.
Tax Deducted at Source (TDS) and Tax Collected at Source (TCS) are critical components of India's direct tax framework, requiring accurate deduction, timely deposit, and precise reporting. Non-compliance can result in interest, penalties, disallowance of expenses, and prolonged scrutiny from tax authorities.
At CA Sowmya G & Associates, we provide end-to-end support for TDS and TCS compliances, ensuring seamless adherence to statutory requirements and complete reconciliation with tax records.
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Our Services Include
TDS / TCS Applicability Review
Identification of applicable TDS and TCS provisions, correct rates, thresholds, and deduction points based on the nature of transactions.
Accurate Deduction & Timely Deposit
Computation of TDS/TCS amounts and assistance with timely payment to the government within prescribed due dates.
Preparation & Filing of Returns
Preparation and filing of quarterly TDS/TCS returns (Forms 24Q, 26Q, 27Q, and 27EQ) with accuracy and completeness.
Reconciliation with Form 26Q / 26AS / AIS
Periodic reconciliation of TDS/TCS data with Form 26AS, AIS, and TRACES records to identify mismatches and ensure correct credit to deductees.
Issue of TDS Certificates
Timely generation and issuance of TDS certificates (Form 16 and Form 16A) to employees and vendors.
Correction Returns & Compliance Support
Filing of correction statements for errors related to PAN, challans, amounts, or deductee details, and handling defaults or notices.
Advisory & Ongoing Monitoring
Continuous monitoring of compliance deadlines and advisory support to minimize interest, penalties, and litigation risks.
Our structured and proactive approach ensures accurate reporting, timely compliance, and complete reconciliation, enabling businesses to remain compliant while maintaining strong vendor and employee confidence.
Our Process
Applicability Review
Identify TDS/TCS requirements and rates
Deduction & Filing
Accurate computation and quarterly return filing
Reconciliation
Match with 26AS, AIS, and TRACES records
Why Choose Us
Timely Compliance
Never miss critical TDS/TCS deadlines
Error-Free Reporting
Complete reconciliation and accuracy
Expert Support
CA-verified returns and certificates
Risk Mitigation
Avoid penalties and scrutiny
Important Compliance Note
Non-compliance with TDS/TCS provisions can lead to interest under Sections 201(1A), penalties, disallowance of expenses under Section 40(a)(ia), and prolonged litigation. Our team ensures that all deductions, deposits, returns, and reconciliations are completed accurately and on time, protecting your business from unnecessary financial and legal exposure.