TDS Registration & Compliance Services
Hassle-Free Setup • Expert Filing • Zero Penalty Risk Be TDS Compliant with Fortune Filings – Trusted by Businesses & Professionals Across India
Are you making payments like salaries, rent, contractor fees, or professional services? Then TDS (Tax Deducted at Source) registration is mandatory under the Income Tax Act.
At Fortune Filings, we offer complete TDS registration, filing, and compliance services — ensuring your business is legally sound, penalty-free, and financially secure.
What is TDS?
TDS (Tax Deducted at Source) is a system where a person making specific payments deducts tax before the payment is credited to the recipient. This tax is then deposited with the government.
TDS applies to payments like:
- Salaries
- Rent (above ₹2.4 lakhs/year)
- Contractor & Professional Fees
- Commission & Brokerage
- Interest on securities
- Dividend, Lottery winnings, etc.
If your business is deducting TDS, you must register for TAN, file TDS returns, and issue Form 16/16A to deductees.
Advantages of TDS Registration & Compliance
- Mandatory Legal Compliance
Avoid notices and fines by following TDS laws applicable to your business.
- Improves Business Credibility
Vendors, contractors, and employees trust companies that issue proper TDS certificates.
- Distributes Tax Burden
Reduces the burden on payees by collecting tax in advance.
- Ensures Timely Revenue Collection for Government
Helps the government monitor income and enforce financial transparency.
- Simplifies Year-End Tax Filing
Recipients can claim TDS credit while filing their ITR, easing the process.
Disadvantages of Not Registering or Non-Compliance
- Hefty Penalties & Interest
Non-deduction or late payment of TDS attracts 12%–18% interest and penalties under Section 201 & 234E.
- Disallowance of Expenses
100% of the expense may be disallowed under Income Tax if TDS is not deducted.
- Legal Scrutiny & Notices
Failure to file TDS returns can result in prosecution or disqualification.
- Vendor/Employee Disputes
Non-issuance of Form 16/16A affects the deductee’s tax credit claims.
Documents Required for TDS Setup
- PAN Card of Business / Proprietor
- TAN
- Aadhaar Card (if individual)
- Proof of Business Address
- Nature of Payments & Frequency
- GST Number (if applicable)
- List of Deductees (with PAN & contact)
- Salary or Payment Structure (for employees or vendors)
We provide a customized checklist based on your business type.
Who Needs to Deduct TDS?
- Private Limited Companies
- LLPs and Partnerships
- Proprietorships (above turnover limits)
- NGOs & Trusts
- Government Organizations
- Freelancers & Professionals making large payments
- Employers paying salaries beyond tax slab
Our TDS Services Include:
- TAN Registration
- Monthly TDS Calculation
- Quarterly TDS Return Filing (24Q, 26Q, 27Q)
- Challan Generation & Payment Support
- Form 16/16A Generation & Issuance
- TDS Reconciliation (Form 26AS matching)
- TDS Corrections & Defaults Resolution
- Advisory for Tax Optimization
Why Choose Fortune Filings?
Dedicated Manager for Monthly Filings
Error-Free Returns & Timely Submission
Full Support for Form 16 Generation
Transparent Pricing & 100% Online Support
Be TDS Compliant the Smart Way
Avoid legal risks and build tax-compliant credibility with Fortune Filings.
Whether you’re a startup, growing firm, or established company — we’ll manage your TDS with precision and care.
Email: shalini@fortunefilings.in
Call/WhatsApp: +91 63795 75568
“TDS is not just a deduction — it’s a declaration of your compliance. Let us handle it for you.”
— Team Fortune Filings