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Income Tax Compliances

Accurate and timely filing of income tax returns, TDS, and adherence to all tax regulations.

Best Chartered Accountant in Hyderabad – Mahendra Lal & Co

Corporate Tax Services – CA Mahendra Lal & Co.

Corporate tax is a levy imposed on a company’s profits by the government and serves as a vital source of national revenue. The amount of tax is determined by calculating the company’s operating income—revenues minus business expenses like cost of goods sold, services procured, and depreciation. Once determined, applicable tax rates are applied, creating a legal obligation for the company to pay tax.

Corporate taxes apply to both domestic and foreign companies. In India, the Income Tax Act, 1961 governs corporate taxation. Domestic companies are taxed on their global income, while foreign companies are taxed only on income received or accrued within India.

Domestic vs. Foreign Companies

A domestic company is one that is either incorporated in India or, if foreign, has its effective management and control entirely located in India. These companies are registered under the Companies Act, 1956 or 2013.

A foreign company is one that is incorporated outside India and whose effective control and management lie outside the country.

Supporting Businesses to Optimize Tax Efficiency

In the complex world of financial reporting, tax authority compliance, and long-term planning, businesses are increasingly challenged to keep pace with ever-evolving tax regulations.

At CA Mahendra Lal & Co., we partner with our clients as trusted advisors. Our deep understanding of corporate operations—especially for businesses competing across states or in global markets—enables us to provide precise, proactive, and practical tax solutions.

We bring clarity to intricate tax laws, reduce risks through sound planning, and help clients meet growing scrutiny around tax compliance and financial transparency.

Why Choose Us?

Our team of experienced corporate tax professionals in Delhi works closely with clients to analyze, plan, and execute strategies that:

  • Ensure accurate and timely tax return filings

  • Provide detailed financial statement analyses related to tax accounting

  • Identify opportunities to reduce or defer tax liabilities

  • Strengthen internal controls and reduce risk of non-compliance

We work with businesses of all sizes—from start-ups to large enterprises—offering tailored solutions that meet their specific needs. Our firm prides itself on delivering services with precision, speed, and unmatched attention to detail.

Our Corporate Tax Expertise Includes:

  • Accounting for Income Taxes

  • Corporate Tax Compliance (return preparation and filing)

  • Corporate Tax Planning and Advisory

  • Audit Support for Corporates

  • Tax Due Diligence and Controversy Management

  • International Tax Structuring and Planning

If you’re seeking a reliable and result-driven corporate tax consultancy in West Delhi, look no further than CA Mahendra Lal & Co. Contact us at camahendra2023@gmail.com to schedule a consultation and experience best-in-class corporate tax services.

Direct & Indirect Tax – Overview

Taxation in India

India’s taxation system is structured around two primary categories: Direct Tax and Indirect Tax. Understanding the distinction is crucial for individuals and businesses alike. Direct taxes are levied directly on income earned by individuals and corporate entities, placing the tax burden on the taxpayer. Indirect taxes, on the other hand, are imposed on goods and services, where the seller collects the tax from the buyer and remits it to the government. Ultimately, the end consumer bears the cost.

Both Central and State Governments levy taxes in India, with Local Authorities like municipalities also empowered to impose certain taxes and charges within their jurisdiction.

Significant tax reforms in recent years—such as the introduction of Goods and Services Tax (GST)—have aimed to simplify tax structures, reduce cascading effects, and improve ease of doing business. These reforms have focused on increasing transparency, predictability, and automation.

At CA Mahendra Lal & Co., we provide expert consultancy in both direct and indirect taxation, ensuring timely compliance, strategic tax planning, and accurate interpretation of evolving laws. Our team combines deep technical knowledge with hands-on experience to deliver effective tax solutions for individuals and enterprises.


Domestic Taxation Services

Domestic taxation is the backbone of a country’s revenue. In India, this includes income tax, goods and services tax, property tax, and other levies. Our firm provides high-quality services tailored for multinational corporations, start-ups, and private businesses.


1. Direct Taxation

As tax regulations evolve, businesses and individuals must remain informed and compliant to avoid penalties or legal consequences. A well-planned tax strategy reduces risks and optimizes tax efficiency.

At CA Mahendra Lal & Co., we assist with both corporate and personal taxation:

Personal Taxation

We manage all aspects of individual taxation including:

  • Filing income tax returns

  • Advance tax calculations

  • Withholding tax (TDS)

  • High Net-Worth Individual (HNI) tax planning

  • Assistance to NRIs including PAN registration, return filing, and FRRO matters

  • Income tax refund support including cases of deceased assessees

Corporate Taxation

Our services for companies include:

  • Filing corporate tax returns

  • Tax planning and compliance

  • Legal opinions

  • Representations before tax authorities

  • Structuring business models for tax efficiency

Our Direct Tax Services Include:

  • Tax Planning & Advisory

  • Income Tax Return Filings

  • Tax Scrutiny and Assessment Support

  • Representations before Income Tax Authorities

  • Appeals Filing before CIT(A) & ITAT

  • Advance Tax & TDS Payments and Reconciliation

  • TDS Return Filing & Certificate Generation (Form 16/16A)

  • Filing of Tax Audit Reports

  • Lower Tax Deduction Certificate Applications

  • Capital Gains Tax Calculation

  • Tax Litigation Assistance


2. Indirect Taxation

Proper compliance with indirect taxes is essential to avoid scrutiny and ensure operational efficiency. We assist businesses in managing all aspects of GST and legacy tax systems.

Our services include:

  • GST registration and return filing

  • GST refunds and audits

  • Representation before GST authorities

  • Advisory on transitional compliance

  • VAT, CST, Service Tax, Excise, and Customs advisory (for legacy issues)

We work closely with businesses to develop effective indirect tax strategies that reduce risks and optimize cash flow.


3. Tax Litigation, Assessments & Representations

Notices, assessments, and audits from tax departments can disrupt business operations. Our professionals represent clients throughout the assessment and appeal process.

We assist in:

  • Income Tax Scrutiny Assessments

  • GST Department Queries and Hearings

  • Transfer Pricing Litigation

  • Representation before Registrar of Companies (ROC) and Regional Director

  • Filing and representation for Appeals at CIT(A) and ITAT

  • Response drafting for notices and demands

  • Processing Income Tax & GST refunds


International Taxation

With increasing global business transactions, cross-border taxation has become a vital focus area. We help Indian businesses expand globally and assist foreign entities to establish operations in India.

Our International Tax Services Include:

  • Transfer Pricing Documentation and Advisory

  • Foreign Inward Remittance Certificates (FIRC)

  • Assistance in Foreign Direct Investment (FDI)

  • Repatriation and Structuring of Overseas Remittances

  • Tax return filing for NRIs and expatriates

  • Setting up Branches, Liaison Offices, and Permanent Establishments in India

  • Double Taxation Avoidance Agreements (DTAA) interpretation and relief

  • Equalisation Levy advisory


At CA Mahendra Lal & Co., we are committed to offering strategic, reliable, and efficient tax solutions in Direct, Indirect, and International Taxation. Whether you’re an individual, a start-up, or a global enterprise, our tax experts are here to guide you with clarity and precision.

📧 For consultations or queries, reach out to us at: camahendra2023@gmail.com

An Overview

At CA Mahendra Lal & Co., we specialize in Income Tax Return services with a strong reputation as income tax consultants in Delhi. Income Tax Return (ITR) is a form used by taxpayers to declare their income, tax liabilities, and payments to the Income Tax Department. The term “person” under the Income Tax Act includes individuals, HUFs, firms or LLPs, companies, NGOs, societies, trusts, and more.

Filing income tax returns has been made mandatory by the government for individuals and entities exceeding specified income thresholds. Even those with income below the taxable limit can voluntarily file returns to avail themselves of certain financial and legal benefits.

At CA Mahendra Lal & Co., our team is committed to accurately calculating your tax liability, optimizing your tax savings, and helping you file returns timely and seamlessly. Whether you are seeking NRI return filing in Delhi, ITR filing in West Delhi, or need a tax consultant near you, we are here to assist.


Why Should Individuals File Income Tax Returns?

Filing income tax returns is not just a legal requirement—it has several tangible benefits:

  • Loan and Credit Card Approvals:
    Banks often require ITRs for approving home, auto, personal, and business loans as well as credit cards.

  • Quick Visa Processing:
    ITRs are often requested by consulates and embassies as part of visa applications.

  • Claim Tax Refunds or Carry Forward Losses:
    Filing returns allows you to claim refunds and carry forward business or capital losses to future years.

  • Avoid Penalties:
    Non-filing when required can lead to penalties and prosecution under the Income Tax Act.


ITR Filing for HUFs

A Hindu Undivided Family (HUF) is treated as a separate tax entity. HUFs are created automatically by law upon the birth of a child into a Hindu family. The family’s income from ancestral property or family business is taxed in the name of the HUF.

At CA Mahendra Lal & Co., we help in the formation of HUFs, management of records, and filing of HUF tax returns, ensuring full compliance with applicable laws.


ITR Filing for Partnership Firms

Whether you are a registered or unregistered partnership firm, you are required to file ITR using Form ITR-5 and pay taxes at the flat rate of 30% plus applicable surcharge and cess.

Our firm handles end-to-end return filing, provides guidance on alternate minimum tax (AMT), and ensures compliance with all partnership taxation norms. We are regarded as one of the top tax consultants for partnership firms in Delhi.


ITR Filing for NGOs, Trusts, and Societies

Trusts and NGOs operate under a special taxation regime and must register under Section 12A of the Income Tax Act to claim exemptions. Once registered, they can avail benefits under Sections 11 and 12 for charitable and religious applications of income.

At CA Mahendra Lal & Co., we assist with:

  • 12A registration

  • 80G registration

  • ITR filing

  • Audit compliance

  • Advisory on income application and accumulation

We handle these complex procedures with utmost diligence so your organization can focus on its mission while we manage your compliance.


Our ITR Filing Services

Our experienced professionals at CA Mahendra Lal & Co. offer personalized solutions tailored to:

  • Individuals and salaried employees

  • HUFs and senior citizens

  • NRIs and foreign income earners

  • Partnership firms and LLPs

  • Private limited companies

  • Trusts, societies, and Section 8 companies

We are one of the best Chartered Accountant Firms in Delhi, well-known for NRI return filing, corporate tax planning, and dedicated personal attention to each client.


Serving Your Locality

Looking for expert ITR services in your area? We serve clients across:

  • Hitech City

  • Madhapur

  • Jubilee Hills

  • Banjara Hills

  • Kukatpally

  • Gachibowli

  • Secunderabad

  • LB Nagar

  • Narsingi

  • Kokapet

  • Financial District

  • Across All over Hyderabad, Telangana & India

Get in Touch

If you are looking for reliable and accurate ITR filing services, contact CA Mahendra Lal & Co. today. Our experts are ready to assist you in all aspects of taxation and compliance.

📧 Email: camahendra2023@gmail.com
📞 Phone: +919949328179
🌐 Website: camahendralal.com

Faceless Assessment Under the Income Tax Act, 1961

Background

Sections 143(3A), 143(3B), and 143(3C) of the Income Tax Act, 1961 empower the Central Government to introduce a scheme for assessment that enhances efficiency, transparency, and accountability. This scheme applies to assessments under Section 143(3) or Section 144 of the Act.

As per Section 143(3A), the scheme aims to:

  • Minimise the interface between the Assessing Officer and the assessee to the extent technologically feasible.

  • Optimise resource utilisation through economies of scale and functional specialisation.

  • Implement team-based assessments with dynamic jurisdiction.

The Central Government initially notified the E-Assessment Scheme, 2019 (Notification No. 61/2019 dated September 12, 2019), which was officially launched on October 7, 2019, with the establishment of the National E-Assessment Centre.

To overcome certain limitations, this scheme was revamped into the Faceless Assessment Scheme through Notification No. 60/2020 dated August 13, 2020. The CBDT also introduced the Faceless Appeals Scheme, ensuring that all communications and proceedings are conducted electronically.


Procedure for Assessment

  1. Initiation of Assessment

    • The National e-Assessment Centre (NEC) issues a notice under Section 143(2), outlining the selected issues.

    • The taxpayer has 15 days to respond.

  2. Assignment to Assessment Unit

    • NEC allocates the case to an assessment unit in any Regional e-Assessment Centre via automated systems.

  3. Requests by Assessment Unit

    • Additional information or documents from the taxpayer or third parties.

    • Verification by a verification unit.

    • Technical assistance from a technical unit.

  4. Communication of Notices

    • NEC sends relevant notices to taxpayers or other parties based on the assessment unit’s request.

  5. Draft Assessment Order

    • The assessment unit prepares a draft order and submits it to NEC.

    • Penalty recommendations, if any, are also included.

  6. Review & Finalisation

    • NEC may:

      • Finalise the order and serve it to the taxpayer.

      • Issue a show-cause notice.

      • Send the draft to a review unit for further evaluation.

  7. Revisions & Final Orders

    • If required, a revised draft order is prepared.

    • NEC finalises the assessment after considering all inputs.

  8. Transfer to Jurisdictional AO

    • Upon finalisation, NEC transfers records to the jurisdictional AO for penalty, recovery, rectification, appellate effects, prosecution, etc.


Penalty Proceedings

  • Any unit may recommend a penalty for non-compliance during assessment.

  • NEC issues a show-cause notice to the taxpayer.

  • Depending on the taxpayer’s response:

    • A penalty order may be drafted and served.

    • Proceedings may be dropped if justified.


Appeals Process

  • Appeals against orders under this scheme are filed before the Commissioner (Appeals) with jurisdiction over the Assessing Officer.


Communication & Record Management

  • All interactions between taxpayers and NEC, and among NEC units, are exclusively electronic.

  • Communications are sent via:

    • Registered accounts

    • Email

    • Mobile App alerts

  • Responses are submitted through the registered account and authenticated via digital hash.


Appearance of Taxpayer

  • Personal appearances are not required.

  • If a modification is proposed, the taxpayer may request a personal hearing via video conferencing.

  • Income-tax authorities may examine or record statements using video conferencing technology.


Power to Specify Procedures

The Principal Chief Commissioner or Principal Director General overseeing NEC will prescribe detailed procedures regarding:

  • Delivery and receipt of notices and documents.

  • Acknowledgement systems.

  • Access and verification of submitted data.

  • Case tracking and grievance redressal.

  • Electronic storage and retrieval of case records.


Our Insight

The Faceless Assessment Scheme marks a transformative shift in how assessments are conducted in India. It not only streamlines procedures but also builds trust between the taxpayer and the tax department by minimising physical interface and promoting transparency.


Need Expert Assistance?

If you’re facing complications under the Faceless Assessment regime or need help with responding to notices and completing assessments seamlessly, reach out to us at camahendra2023@gmail.com. Our experienced team at CA Mahendra Lal & Co. is here to help you navigate this new system efficiently.

Lower Deduction Certificate (LDC) Under Section 197 of Income Tax Act, 1961

Overview

To ensure timely tax collection and reduce evasion, the Indian Income Tax Act mandates Tax Deduction at Source (TDS) on various payments. The payer must deduct tax either when crediting the amount or making the payment—whichever is earlier. This framework ensures government revenue flow but often leads to excess deduction in cases where the recipient’s actual tax liability is lower.

What is a Lower Deduction Certificate (LDC)?

In many scenarios, the TDS deducted exceeds the final tax liability of the recipient. A common example is the sale of immovable property by a Non-Resident Indian (NRI), where TDS is deducted at 20% on the entire sale consideration rather than only on capital gains.

To prevent excess deduction and resulting fund blockage, Section 197 of the Income Tax Act provides the option to apply for a Lower or Nil Deduction Certificate. This certificate authorizes the payer to deduct tax at a reduced rate or not deduct at all, depending on the facts of the case.


When is it Beneficial to Apply for LDC?

Applying for an LDC can be highly advantageous in the following situations:

  • Loss-making businesses or start-ups

  • Taxpayers with carried forward losses

  • Individuals with income below the basic exemption limit

  • NRIs selling property in India

  • Foreign companies or non-residents with no Permanent Establishment in India but receiving payments liable to TDS

This is not an exhaustive list; any case where estimated income is below the TDS threshold can justify LDC application.


How to Apply for LDC – Form 13

To apply for a lower deduction or no deduction certificate, the assessee must file Form 13 online through the Income Tax portal.

Required Information & Documents:

  • Valid mobile number and email ID

  • PAN card copy

  • TAN of all parties making the payment

  • Last three years’ Income Tax returns and computation

  • Last three years’ Form 26AS

  • Audited financial statements (if applicable)

  • Projected profit and loss statement for the current year

  • Estimated total income for the financial year

  • Any additional supporting documents based on income type

After submission, the Assessing Officer may request further clarification or documents. Once satisfied, the officer issues the certificate online, downloadable from the TRACES portal.


Who Can Apply for LDC?

Any individual or entity receiving income subject to TDS (as per the relevant sections of the Income Tax Act) and whose estimated income justifies lower or nil tax deduction may apply for an LDC.


Timelines for Application

There is no statutory deadline for applying for a Lower Deduction Certificate. However, to prevent excess deductions, it is advisable to apply:

  • At the beginning of the financial year (for regular income)

  • Before the transaction or payment (for one-time income like sale of property)


Validity of LDC

The Lower Deduction Certificate is valid for the entire financial year unless it is revoked earlier by the Assessing Officer. It applies only to the income and parties specified in the certificate.


Benefits of Obtaining a Lower Deduction Certificate

  • Avoids unnecessary fund blockage due to excess TDS.

  • No need to file Income Tax Return just to claim refund (if TDS is nil and income is below exemption limit).

  • Minimizes future scrutiny in NRI property sales, as the capital gains calculation is pre-assessed during the LDC application.

  • Improves cash flow, especially for businesses and professionals.


How CA Mahendra Lal & Co. Can Help You

At CA Mahendra Lal & Co., we specialize in assisting individuals, NRIs, businesses, and foreign companies in applying for Lower Deduction Certificates. Our team of tax experts ensures accurate documentation, prompt filing of Form 13, and end-to-end support during the entire LDC issuance process.

Whether you’re a resident with minimal taxable income or an NRI selling property in India, our in-depth understanding of the Income Tax Act and LDC procedures helps you avoid unnecessary deductions and lengthy refund processes.


Contact Us for Hassle-Free LDC Services

If you’re unsure about your eligibility, documentation, or the process of applying for a Lower Deduction Certificate, get in touch with our expert team at:

📧 camahendra2023@gmail.com

Let CA Mahendra Lal & Co. help you simplify the process and ensure efficient tax compliance without blocking your hard-earned funds.

80G & 12A Registration Services in India

Maximise Your NGO’s Tax Benefits with Expert Guidance from CA Mahendra Lal & Co.

Are you running a trust, NGO, or charitable institution? Do you want to increase your impact while saving taxes? If so, understanding Section 12A and Section 80G of the Income Tax Act, 1961 is essential.

These provisions offer significant benefits to both NGOs and their donors—and at CA Mahendra Lal & Co., we simplify the registration process so you can focus on what matters most: creating social impact.


What Is Section 12A?

Section 12A grants tax exemption to NGOs, trusts, religious institutions, and societies. Once registered, your institution’s income becomes exempt from tax under sections 11 and 12 of the Act.

What Is Section 80G?

Section 80G provides tax deductions to your donors, helping you raise more funds by offering tax savings on donations made to your organization.

Key Difference

  • Section 12A: Tax exemption for your institution.

  • Section 80G: Tax deduction for your donors.


What Changed in the Finance Act, 2020?

To increase transparency and accountability, the government made several major changes:

  • Section 12AA replaced with Section 12AB.

  • Online registration made mandatory via Form 10A or 10AB.

  • All registrations now valid for 5 years (renewable).

  • Provisional registrations granted for 3 years.

  • NGOs registered before April 1, 2021, must re-apply under the new regime.


New Registration Forms Explained

Form 10A – For:

  • Revalidation of existing registrations (12A/12AA/80G).

  • Provisional registration for new applicants.

Form 10AB – For:

  • Conversion of provisional to regular registration.

  • Renewal after 5 years.

  • Re-registration after changes in trust’s objectives.


Documents Required for 80G & 12A Registration

To complete your registration, you will need:

  • PAN card of the trust/institution.

  • Income Tax portal login credentials.

  • Mobile number & email ID.

  • Registration certificate & Trust Deed/MOA.

  • Trustee/member details (PAN, Aadhaar, contact).

  • Financial statements (last 3 years or since inception).

  • DARPAN registration (if applicable).

  • FCRA registration (if applicable).

  • Copies of any existing 12A/12AA/80G certificates.


Types of Registrations

Re-Registration

Who Needs It?
All trusts/NGOs already registered under 12A/12AA/80G.

How to Apply:
Submit Form 10A online. Upon approval, you’ll receive a Unique Registration Number (URN) valid for 5 years.


Provisional Registration

Who Needs It?
New NGOs/trusts beginning operations.

How to Apply:
File Form 10A at least 1 month before starting charitable activities. Validity: 3 years.


Renewal of Registration

Who Needs It?
NGOs with existing 12AB or 80G approval.

When to Apply:
6 months before the 5-year expiry.

Note:
Authorities will assess genuineness of activities before granting renewal.


Why Register Under 80G & 12A?

  • 100% tax exemption for your NGO (Section 12A)

  • More donations due to donor tax relief (Section 80G)

  • Eligible for government funding & foreign contributions

  • Establish credibility & compliance with Indian tax laws


How CA Mahendra Lal & Co. Can Help

Our experienced team of chartered accountants simplifies every step of the registration process for you. We offer:

  • End-to-end filing of Form 10A/10AB

  • Assistance with provisional registration

  • Support in renewals, amendments & re-registration

  • Guidance for FCRA, DARPAN, and other compliances

  • Hassle-free service with 100% transparency & confidentiality


Ready to Get Started?

Whether you’re forming a new NGO or need help with re-registration or compliance, our experts are here to assist you.

📧 Email us at: camahendra2023@gmail.com
📍 Serving NGOs across India from our office in Hyderabad

Let CA Mahendra Lal & Co. be your trusted partner in creating impact—and saving taxes while you’re at it.

TDS and TCS Return Filing Services in India

Ensure Timely Compliance & Avoid Penalties with Expert Support from CA Mahendra Lal & Co.

At CA Mahendra Lal & Co., we provide reliable, end-to-end consultancy services for TDS and TCS return filings to help businesses stay compliant with tax regulations while avoiding late fees and interest. Our dedicated team of tax professionals ensures accurate filings, timely deposits, and full support for quarterly returns, audits, and queries.

What is TDS?

Tax Deducted at Source (TDS) is a mechanism introduced by the Income Tax Department to collect tax at the origin of income. Under this system, a person (deductor) responsible for making payments such as salary, interest, commission, professional fees, rent, etc., is required to deduct tax at the prescribed rates and deposit it with the government. The purpose of TDS is to curb tax evasion and ensure steady revenue inflow to the government.

TDS must be deposited within the stipulated due dates, and a failure to do so results in penalties and interest liabilities. Recipients can claim credit of the TDS deducted while filing their income tax return.

What is TCS?

Tax Collected at Source (TCS) refers to the tax collected by the seller from the buyer at the time of sale of specified goods or provision of services. The seller is required to deposit this tax amount with the government within the prescribed timelines. TCS applies to specific categories such as sale of scrap, liquor, minerals, and certain high-value goods.

Just like TDS, TCS is also regulated by the Income Tax Act, and delays in collection or deposit attract interest and penalties.

Due Dates for TDS and TCS Deposit

For TDS:

  • If the payment is made in March: TDS must be deposited by 30th April.

  • For all other months: TDS must be deposited within 7 days from the end of the month in which deduction was made.

For TCS:

  • Tax collected at source must be deposited by the 7th of the following month.

Interest on Late Deduction or Payment

If TDS is not deducted or not deposited in time:

  • Interest at 1% per month is levied from the date on which tax was deductible to the date it is actually deducted.

  • Further, 1.5% per month is levied from the date of deduction to the date of actual payment.

For TCS:

  • Interest at 1% per month is applicable from the date it was collectible to the date it is actually deposited.

Forms for TDS and TCS Return Filing

Different forms are used depending on the nature of the transaction and parties involved.

  • Form 24Q – TDS from salary under Section 192

  • Form 26Q – TDS on all payments except salary

  • Form 27Q – TDS on payments to non-residents

  • Form 26QB – TDS on immovable property transactions (Section 194-IA)

  • Form 26QC – TDS on rent (Section 194-IB)

  • Form 26QD – TDS under Section 194M for certain payments

  • Form 27EQ – TCS return to be filed quarterly

  • Form 27D – TCS certificate issued to the buyer

TDS and TCS Return Filing Due Dates

TDS and TCS returns must be filed quarterly. Below are the due dates:

QuarterPeriod CoveredTDS Return Due DateTCS Return Due Date
Q1April to June31st July15th July
Q2July to September31st October15th October
Q3October to December31st January15th January
Q4January to March31st May15th May

E-TDS and E-TCS Filing

Electronic filing is mandatory for corporate and government deductors/collectors. Other deductors have the option to file electronically or physically. Filing TDS/TCS returns electronically ensures faster processing, easy corrections, and better compliance tracking.

Penalty for Late Filing

If the TDS/TCS returns are not filed by the due date, a late filing fee of ₹200 per day under Section 234E applies until the default continues. However, this fee is subject to a cap equal to the amount of TDS or TCS payable.

How CA Mahendra Lal & Co. Can Help

At CA Mahendra Lal & Co., we simplify your TDS and TCS compliance by managing the entire process on your behalf. Our services include:

  • Preparation and filing of all types of TDS and TCS returns

  • Accurate calculation and deposit tracking

  • Filing of challans, statements, and Form 27D issuance

  • Online e-TDS/e-TCS submission and status monitoring

  • Handling of late filing issues, notices, and penalty minimisation

  • Regular compliance reminders and expert consultation

Need Help with TDS/TCS Filings?

Whether you’re a corporate, individual, or trust, CA Mahendra Lal & Co. offers seamless tax compliance services. Avoid interest, penalties, and legal issues by filing your TDS and TCS returns accurately and on time.

Reach out to us for expert assistance.

📧 Email: camahendra2023@gmail.com