Expert TDS Compliance — Return Filing, Rate Advisory, Form 26QB Property TDS & TRACES Notice Reply
From TDS deduction at the right rate and timely deposit to quarterly return filing (24Q, 26Q, 27Q, 27EQ), Form 26QB on property purchase, TRACES correction, and CPC-TDS notice/demand reply — CA Alok Kumar's 110+ member team ensures your TDS compliance is error-free. We verify Form 26AS, AIS, reconcile challans, and handle all TDS defaults including short deduction, short payment, PAN errors, and Section 234E late filing fees.
From monthly TDS deduction and deposit to quarterly return filing, property TDS, TRACES rectification, and notice defence — we handle everything.
Quarterly TDS/TCS return filing for salary (24Q), non-salary resident (26Q), NRI payments (27Q), and TCS (27EQ). Challan reconciliation, deductee mapping, Form 16/16A generation.
TDS @1% on purchase of immovable property (≥₹50 lakh) under Section 194IA. Filing Form 26QB, challan payment, Form 16B generation from TRACES. Joint buyer/seller handling.
Section-wise TDS rate advisory for FY 2025-26. Correct applicability of Section 192, 194A, 194C, 194H, 194I, 194J, 194IA, 194IB, 194T, and new sections. Threshold verification.
Expert handling of Section 200A intimations, short deduction/payment notices, demand notices from CPC-TDS. Justification report analysis, TRACES response, and correction filing.
Online and offline TDS correction returns. PAN corrections, challan corrections, deductee detail updates, lower deduction certificate mapping, 15G/15H updates.
Application for lower/nil TDS certificate under Section 197. Form 13 filing on TRACES, follow-up with AO, certificate procurement for reduced withholding.
TAN application (Form 49B), TAN change/correction, TRACES registration, DSC registration, and ongoing TDS compliance calendar management for businesses.
Representation before CPC-TDS, Assessing Officer, CIT(A) for TDS disputes. Section 201 proceedings, short deduction orders, penalty u/s 271H, prosecution u/s 276B defence.
Section-wise TDS rates for the most commonly applicable payments. Rates apply to resident payees with valid PAN. Without PAN: TDS @20% or higher.
| Section | Nature of Payment | Threshold (₹) | Indv/HUF % | Others % |
|---|---|---|---|---|
| 192 | Salary | Basic exemption | As per slab rates | |
| 192A | EPF premature withdrawal | 50,000 | 10 | — |
| 194 | Dividend | 10,000 | 10 | 10 |
| 194A | Interest (Banks / Sr. Citizen) | 50,000 / 1,00,000 | 10 | 10 |
| 194A | Interest (Others) | 10,000 | 10 | 10 |
| 194B | Lottery / Puzzle / Game winnings | 10,000 | 30 | 30 |
| 194BA | Online gaming winnings | Nil | 30 | 30 |
| 194C | Contractor — Single transaction | 30,000 | 1 | 2 |
| 194C | Contractor — Aggregate in FY | 1,00,000 | 1 | 2 |
| 194D | Insurance commission | 15,000 | 5 | 10 |
| 194H | Commission / Brokerage | 15,000 | 5 | 5 |
| 194I(a) | Rent — Plant & Machinery | 50,000 | 2 | 2 |
| 194I(b) | Rent — Land, Building, Furniture | 50,000 | 10 | 10 |
| 194IA | Property purchase (≥₹50L) | 50,00,000 | 1 | 1 |
| 194IB | Rent by individual/HUF (≥₹50K/m) | 50,000/month | 5 | — |
| 194J(a) | Technical services / Call centre | 30,000 | 2 | 2 |
| 194J(b) | Professional fees / Royalty | 30,000 | 10 | 10 |
| 194K | Mutual fund income (dividend) | 10,000 | 10 | 10 |
| 194N | Cash withdrawal (≥₹1Cr) | 1,00,00,000 | 2 | 2 |
| 194O | E-commerce operator payment | 5,00,000 | 1 | 1 |
| 194Q | Purchase of goods (≥₹50L) | 50,00,000 | 0.1 | 0.1 |
| 194R | Perquisite / Benefit in kind | 20,000 | 10 | 10 |
| 194S | Virtual Digital Asset (Crypto) | 50,000 / 10,000 | 1 | 1 |
| 194T | Partner remuneration (NEW) | 20,000 | 10 | — |
Note: Without PAN → TDS @20% (or rate in section, whichever is higher). Section 206AB removed from FY 2025-26. New Section 194T effective 1 Apr 2025.
Select the payment type, enter the amount, and instantly calculate TDS applicable. Covers all major sections including TDS on property (26QB).
After processing your TDS return, CPC-TDS (Ghaziabad) may issue various intimations and notices. Here are the types, their triggers, response timelines, and precautionary measures.
The most common TDS notice. CPC-TDS processes your quarterly return and identifies defaults — short deduction, short payment, late deduction interest, late payment interest, late filing fee u/s 234E. Download Justification Report from TRACES for details.
If you failed to deduct TDS or deducted but did not deposit to government, you are treated as "assessee in default". AO can pass order demanding TDS amount + interest + penalty. Also applies when deductee's income is not taxed elsewhere.
Mandatory fee of ₹200 per day for every day of delay in filing TDS return, from due date until actual filing date. Maximum fee cannot exceed the TDS amount. Automatically computed and demanded via Section 200A intimation.
Penalty of ₹10,000 to ₹1,00,000 for filing incorrect TDS return — wrong PAN, wrong section, wrong challan details, incorrect deductee information. No penalty if corrected within 1 year from due date with all fees and interest paid.
Criminal prosecution for failure to deposit TDS that was deducted. Imprisonment from 3 months to 7 years with fine. This is the most severe consequence of TDS non-compliance. Applies when TDS is deducted from payee but not deposited to government.
Demand notice for Form 26QB property TDS — commonly due to seller's PAN not linked with Aadhaar (rate jumps from 1% to 20%), incorrect property value, late filing, or short deduction. Pay differential via Challan 280 under minor head 400.
| Quarter | Period | TDS Deposit Due | Return Filing Due | Form 16/16A Due |
|---|---|---|---|---|
| Q1 | Apr – Jun 2025 | 7th of next month | 31 July 2025 | 15 Aug 2025 |
| Q2 | Jul – Sep 2025 | 7th of next month | 31 October 2025 | 15 Nov 2025 |
| Q3 | Oct – Dec 2025 | 7th of next month | 31 January 2026 | 15 Feb 2026 |
| Q4 | Jan – Mar 2026 | 7th (30 Apr for March) | 31 May 2026 | 15 Jun 2026 |
TDS Deposit: 7th of following month (30th April for March). Government deductors: Same day without challan. 26QB Property: Within 30 days from month-end.
Triple qualification ensures technically correct TDS rates, legally defensible notice responses, and AI-powered verification of 26AS/AIS.
2000+ TDS returns filed yearly with near-zero default rate. Proactive challan reconciliation prevents 200A intimation surprises.
Dedicated team for TRACES corrections, default resolution, justification report analysis, and Form 16/16A/16B generation.
Expert handling of Form 26QB for property transactions — joint parties, PAN-Aadhaar issues, correction returns, and demand resolution.
LLM-qualified expertise for TDS disputes — 201 proceedings, 271H penalties, 276B prosecution defence, and CIT(A) appeals.
Automated reminders for monthly deposits, quarterly returns, Form 16 generation, and annual compliance — never miss a deadline.
TDS (Tax Deducted at Source) is a mechanism where the payer deducts tax at prescribed rates at the time of making payments. Employers deduct TDS on salary, businesses on contractor/professional/rent payments, buyers on property purchase (≥₹50L). Any person required to get books audited or with turnover above threshold must deduct TDS.
Form 26QB is a challan-cum-statement for TDS on property purchase under Section 194IA. Required when buying immovable property (not agricultural land) valued ≥₹50 lakh. Buyer deducts 1% TDS on higher of sale value or stamp duty value, files 26QB within 30 days from month-end, and issues Form 16B to seller. No TAN required — PAN suffices.
Form 24Q: Salary TDS. Form 26Q: Non-salary TDS to residents. Form 27Q: TDS on NRI/foreign payments. Form 27EQ: TCS (Tax Collected at Source). Quarterly due dates — Q1: 31 July, Q2: 31 October, Q3: 31 January, Q4: 31 May. Monthly TDS deposit by 7th of following month (30 April for March deductions).
After processing your TDS return, CPC-TDS issues intimation under Section 200A showing computed defaults — short deduction, short payment, late deduction interest @1%/month, late deposit interest @1.5%/month, and late filing fee @₹200/day u/s 234E. Download Justification Report from TRACES portal to understand each default line item.
Late filing fee u/s 234E: ₹200/day (max TDS amount). Interest: 1% per month for late deduction + 1.5% per month for late deposit. Penalty u/s 271H: ₹10,000 to ₹1,00,000 for incorrect return. Prosecution u/s 276B: 3 months to 7 years imprisonment for non-deposit of deducted TDS. Disallowance of expense u/s 40(a)(ia) for 30% of payment if TDS not deducted.
Effective 1 April 2025 (FY 2025-26), new Section 194T requires partnership firms to deduct TDS @10% on salary, remuneration, commission, bonus, or interest paid to partners, if aggregate payments exceed ₹20,000 in a financial year. This is a significant new compliance requirement for all partnership firms and LLPs.
Download Consolidated/Conso file from TRACES portal. Use RPU (Return Preparation Utility) or TDS software to prepare correction return. Corrections can be: C1 (challan correction), C2 (PAN correction), C3 (challan + deductee), C4 (personal info), C5 (deductee detail). Submit via TRACES online correction or file via TIN-FC/NSDL. CA Alok Kumar handles all correction types.
If your actual tax liability is significantly lower than TDS being deducted, apply for Lower/Nil TDS certificate under Section 197 by filing Form 13 on TRACES portal. AO evaluates your projected income and issues certificate specifying reduced rate. Valid for one financial year. Useful for contractors, professionals, and NRIs receiving Indian income.
From TDS deduction advisory and quarterly return filing to TRACES corrections and CPC-TDS notice defence — CA Alok Kumar's team ensures complete TDS compliance. Book your consultation today.
