TDS Quarterly Return Filing (24Q, 26Q) in Pune: TRACES Portal, FVU Validation & Form 16 Generation

Quarterly TDS Return Filing in Pune: Form 24Q, 26Q & TRACES Compliance

Holding a TAN comes with the mandatory obligation to deposit deducted tax through ITNS 281 by the 7th of every subsequent month and file quarterly TDS returns under Section 200(3) of the Income Tax Act. For Pune business entities, failing to file quarterly TDS returns by the statutory cutoff date triggers a severe daily penalty of ₹200 per day under Section 234E until the return is furnished.

TDS filing involves preparing consolidated text files, passing them through the NSDL File Validation Utility (FVU), generating Form 27A, and uploading them to the Income Tax portal. Once processed, digitally signed Form 16 (for employees) and Form 16A (for non-salary vendors) must be downloaded from the TRACES portal. Partner with KOKJAGUAR Consultancy for seamless quarterly TDS return management in Pune.

TDS Return Forms & Due Dates

• Form 24Q (Salary TDS): Filed quarterly for tax deducted from employee salaries under Section 192. Annexure II is submitted in Q4.
• Form 26Q (Non-Salary Domestic TDS): Covers contractor fees (194C), professional charges (194J), rent (194-I), and commission (194H).
• Form 27Q (Non-Resident TDS): Covers payments and remittances made to NRIs and foreign entities under Section 195.
• Statutory Deadlines: 31st July (Q1), 31st October (Q2), 31st January (Q3), and 31st May (Q4).