TDS / TRACES REGISTRATION
TDS or Tax Deduction at Source is the amount of tax deducted from the salary before paying them. TDS needs to be calculated on monthly basis and after that, the processing of the salary is done. Thus, it is a very important part of calculating salary, we at SABHR equips you with the best solution for calculating error free TDS every month for your employees.
Importance of Tds Processing
TDS processing is a mandatory task for every business organization. The process of calculation of TDS, deduction from salary and depositing the tax to the government needs to be done every month and that also in an error free way to avoid any kind of penalties.
Task of Tds Processing Companies
We provide a complete solution to the TDS formalities like:
- Monthly TDS calculation as per the information declared.
- Payment of the collected tax to the concerned department.
- Issue Tax Deduction Certificate to the payee.
- E-filling of the TDS returns.
- E-Payment in all Tax Audit.
- Providing expert suggestion for complete tax planning and others.
- Advice on all matters related to compliance of TDS/TCS provisions.
- Obtaining Tax Deduction Account Number (TAN).
- Periodic review of TDS/ Withholding Tax compliance.
- Computation of monthly TDS.
- Monthly reconciliation of TDS due and deposited.
- Monthly deposit of TDS electronically/manually.
- Issue of monthly/annual TDS certificates.
- Filing of quarterly E-TDS/Manual Returns.
- Filing of Correction Statements.
- TDS assessment.