TDS Audit & Reconciliation Services
Identify Gaps • Avoid Penalties • Ensure 100% Accuracy Comprehensive TDS Review and Reconciliation for Hassle-Free Compliance — Powered by Fortune Filings
Managing TDS may seem simple — but even a small mismatch between deductions, challans, and returns can trigger tax notices, penalties, or denial of expense claims.
At Fortune Filings, we specialize in TDS Audit & Reconciliation Services — ensuring your TDS records align perfectly with Form 26AS, books of accounts, and TRACES portal data. Let us help you spot errors before the Income Tax Department does.
What is TDS Audit & Reconciliation?
TDS Audit involves a thorough verification of:
- TDS deducted vs TDS deposited
- TDS returns filed vs actual challans paid
- Form 26AS vs your accounting records
- Defaults, short payments, and mismatches
- PAN and Section-wise deduction reports
TDS Reconciliation ensures that:
- All deductions are correctly mapped to challans
- Returns are accurate and free of errors
- You are not penalized for clerical or procedural lapses
Advantages of TDS Audit & Reconciliation
- Accurate Financial Records
Clean books aligned with Form 26AS and government data.
- Avoid Penalties & Notices
Detect errors like short deduction, late deposit, and mismatches early.
- Claim Business Deductions Smoothly
Prevent disallowance of expenses under Section 40(a)(ia).
- Faster Refunds & Error-Free ITRs
Stay ready for internal, statutory, or income tax audits.
- Better Audit Preparedness
We handle department calls, hearings, and represent you wherever required.
- Identify & Fix Past Errors
We’ll help you correct previous year mistakes before they escalate.
Disadvantages of Not Doing TDS Reconciliation
- High Penalties for Short Payment
Interest @1–1.5% per month and late fees under Section 234E & 271H.
- Disallowance of Expenses
Incorrect TDS can make business expenses ineligible for tax deduction.
- Income Tax Notices & Assessments
Discrepancies can trigger notices or reassessment from the IT department.
- Vendor Grievances & Loss of Trust
Mismatch in Form 16A or 26AS may cause disputes with vendors or consultants.
Documents Required for TDS Audit & Reconciliation
- TDS Returns (Form 24Q, 26Q, 27Q, etc.)
- TDS Payment Challans
- PAN details of Deductees
- Books of Accounts / Payment Register
- Form 26AS & TRACES Data
- Vendor Agreements or Payment Proofs
Who Needs TDS Audit & Reconciliation?
- Pvt Ltd Companies & LLPs
- Proprietors Deducting TDS
- Educational Institutions
- NGOs and Trusts
- Startups & MSMEs
- Government Contractors
- Real Estate & Construction Firms
- Healthcare, Hotels, and Agencies
If you deduct TDS, you need reconciliation.
Our TDS Audit & Reconciliation Services Include:
- PAN-wise & Section-wise Reconciliation
- Matching with Form 26AS & TRACES Data
- Error Detection: Short Deduction, Late Payment, Invalid PAN
- Corrective Filing (Revised Returns)
- Interest and Penalty Calculation
- Generation of Updated TDS Certificates
- Year-End TDS Reconciliation Statements
- Advisory on Tax Saving & Deduction Optimization
- Support During Audit or Department Inquiry
Why Choose Fortune Filings?
Managed by Tax Professionals
Dedicated Expert Support
Affordable & Transparent Pricing
Prompt Detection & Resolution of Errors
100% Online Process — Fast, Simple & Secure
Make TDS Hassle-Free With Our Expert Audit & Reconciliation
Don’t let small errors become big problems. Let Fortune Filings handle your TDS audit and reconciliation — so you can focus on growing your business with peace of mind.
Email: shalini@fortunefilings.in
Call/WhatsApp: +91 63795 75568
“The best way to handle TDS notices is to never get them in the first place — we’ll help you do just that.”
— Team Fortune Filings