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TDS on Non-Salary Payment

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If you deduct TDS on payments other than the employee’s salary then you need to file TDS returns to avoid getting a tax notice or penalty. We offer TDS return filing facility which includes TRACES registration, Form 26Q filing and generating Form 16B.

For Form 26Q (TDS on payments other than Salary)

Quarterly - upto 100 records Rs. 9,999
Quarterly - 101 to 1000 records Rs. 14,999
Quarterly - more than 1000 records Rs. 19,999
Annual - 4 QTRS Pay only for 3
  • Unlimited expert advisory session until you get satisfied
  • Get the best answers to your tax and finance queries
  • Be assured to be guided with the right advise

Package Details

Deductions on payments, other than employee’s salary have to file TDS returns with form 26Q. Delay in furnishing TDS returns can attract interest and penalty on the tax amount. TDS need to be filed on a quarterly basis, which means four times a year. We provide timely end-to-end TDS filing to help you comply with TDS rules related to non-salary payments.

This package is suitable for:

  • An individual who is required to make payment after deducting TDS on it.
  • A business entity making payment after TDS deduction.
  • Any principle business office and branches.

Plan Inclusions:

  • TRACES registration
  • Filing form 26Q for over 1000 deductees
  • CA support for extended business hours
  • Bulk PAN verification
  • Challan verification
  • FVU generation and submission online
  • Generating Form 16A

Documents Required:

  • Details of Challan
  • Deductee details
  • Details of deductions
  • Details of person responsible for deduction
  • Deductor’s details
  • - Subscribe to the plan
  • - Fill in required details in provided template
  • - Upload the required documents on vault
  • - Returns prepared by Tax Expert
  • - Form 16A gets generated
  • - Get Acknowledgement (16A) after E-filing
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What is TDS on non-salary payment?

TDS or Tax Deducted at Source is a tax levied by the government which needs to be collected before making certain payments. Such payments are required to be submited with the government on quarterly basis in each financial year.

Is online filing mandatory when making a return?

For the following conditions, return filing is mandatory:

  • A Government agency or office.
  • A company’s principal officer.
  • The assessees who are required to have their accounts audited for the last year under section 44AB of the Income Tax Act, 1961.
  • If there are more than 20 deductees in a statement for any quarter of the year then filing it online, along with submitting the Annexure I and Annexure II forms are required. Annexure I is for all four quarters of the year and Annexure II is for the final quarter of the year.

What is form 26Q?

Form 26Q is required to be submitted for TDS on all payments other than salary on a quarterly basis, by the deductor. It is applicable under section 200(3) of the Income Tax Act for TDS. It is also mentioned under sections 193 & 194 being interest on securities, dividend securities, professional fees, directors' remuneration etc.

Are all deductors required to mention their PAN details?

Yes, it is compulsory to quote PAN details for non-Government deductors. The Government deductors need to quote "PANNOTREQD" on the form.

Is there any interest and penalty for late or no-filing of Form 26Q?

In the case of TDS not submitted, following penalties will be applicable:

  • The late filing fee in case of not filing it by the deadline.
  • Interest if the amount was not deposited within time.
  • Penalty if the amount was not deposited within one year from the deadline.
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