Accurate Deduction • Timely Deposit • Zero Penalties
Every rupee deducted as TDS (Tax Deducted at Source) is your business's responsibility — and failure to manage it properly can result in penalties, interest, and legal issues.
At Fortune Filings, we provide seamless, error-free TDS deduction, calculation, and government deposit services to ensure your business stays compliant, stress-free, and audit-ready.
Under the Income Tax Act, when making certain payments like salary, rent, contractor fees, professional services, interest, and more, the payer (you) must:
1. Deduct TDS at the prescribed rate from the payment
2. Deposit the deducted amount to the Central Government on or before the due date (usually the 7th of every month)
3. File TDS Returns quarterly and issue Form 16 or 16A to the payee
This is not optional. If your business is eligible to deduct TDS, failure to comply can lead to legal consequences and financial loss.
Avoid Penalties & Interest
Timely deduction and deposit prevent interest (up to 18%) and penalties under Sections 201(1A), 234E, and 271H.
Builds Legal Credibility
Being compliant enhances your brand’s trustworthiness in the eyes of vendors, employees, and regulators.
Tax Credit to Deductees
Ensures that your vendors/employees can claim the TDS amount while filing their tax returns.
Smooth Government Dealings
Proper TDS handling reduces scrutiny, tax notices, and audit risks.
Peace of Mind
With experts handling your TDS, you focus on running the business while we manage the compliance.
Hefty Interest & Late Fees
Interest on late deduction/deposit (1%–1.5% per month) plus ₹200/day for delayed filing.
Disallowance of Expenses
Your claimed business expense may be disallowed under Section 40(a)(ia) — increasing your tax liability.
Legal Prosecution
In serious cases, failure to deduct or deposit TDS may lead to prosecution under the Income Tax Act.
Loss of Vendor & Employee Trust
Non-issuance of TDS certificates affects their returns and trust in your organization.
PAN of Deductor & Deductee
Aadhaar of Deductor (if individual)
TAN Number
Payment details (Salary, Rent, Contract, Professional Fees, etc.)
Bank Details for TDS Payment
Previous TDS challans (if any)
Nature of Service & Payment Frequency
Don’t worry — we’ll guide you step-by-step based on your business type and obligations.
TDS is not just a deduction — it's a responsibility. Let us handle your monthly TDS obligations so you can focus on business growth.
