Why TDS Compliance Is More Critical Than You Think
TDS (Tax Deducted at Source) is not just about cutting a cheque to the government. It's a multi-step compliance chain: deduct the right percentage, deposit it by the 7th of the next month, file a quarterly return by the due date, and issue Form 16/16A within 15 days.
Miss any step and you face compounding penalties: 1.5% interest per month on late payment, ₹200/day Section 234E penalty, and a 30% disallowance of the expense in your ITR. JusTax manages the entire TDS cycle for Nashik businesses — from challan to certificate.
The Biggest Pain Points We Solve
Late TDS Deposit Interest
TDS must be deposited by the 7th of the following month (March deadline is April 30). Late payment costs 1.5% per month from the date of deduction — not the due date.
Section 234E Penalty
At ₹200/day, a 30-day delay on a TDS return with ₹1L deducted costs ₹6,000 in pure penalty — on top of interest. We file 10 days before every deadline.
Wrong TDS Rate Application
Different payments (rent, contractor, professional, commission) attract different TDS rates. A wrong rate triggers a demand notice. We map every payment type to the correct section.
Form 16A Generation Errors
Generating Form 16A with incorrect PAN of the deductee causes a credit mismatch in the recipient's 26AS — triggering their notice. We verify PANs before every filing.
Our Complete TDS Filing Services in Nashik
24Q Filing (Salary TDS)
Quarterly TDS return for salary payments with correct Section 192 computation.
26Q Filing (Non-Salary TDS)
TDS on contractor, professional, rent, and commission payments under multiple sections.
27Q Filing (NRI Payments)
TDS on payments to non-residents under DTAA and Section 195.
TDS Challan Payment
Monthly TDS deposit via ITNS 281 with correct section and nature of payment codes.
Form 16 & 16A Generation
Employee Form 16 and vendor Form 16A generated and dispatched within 15 days of quarter end.
TDS Correction Statements
Revised returns to correct PAN errors, challan mismatches, and deductee details.
Why Nashik Businesses Trust JusTax for TDS Filing
We provide far more than just basic filing. Working with us provides you with these massive advantages:
- Automated TDS Calendar: We send you a payment reminder on the 5th of every month — deposit deadline is the 7th.
- PAN Verification: Every deductee PAN is verified against the income tax database before filing.
- Section Accuracy: We map your payments to the exact TDS section — no more guessing between 194C and 194J.
- Zero-Penalty Guarantee: We've filed 300+ quarterly TDS returns without a single late filing penalty.
Your Growth Roadmap
1. Payment Mapping
We categorise all your vendor, employee, rent, and contractor payments and map them to the correct TDS sections.
2. Monthly Challan
We compute the TDS liability, generate ITNS 281 challan details, and you make the payment by the 7th of each month.
3. Quarterly Return Filing
We compile all challans and deductee details, prepare the 24Q/26Q/27Q return, and file on TRACES by the due date.
4. Certificate Issuance
Within 15 days of quarter end, we generate and distribute Form 16A to all your vendors and Form 16 to all your employees.
How We Solve Real Nightmares in Nashik
Problem: An Nashik construction company had been deducting TDS under Section 194C (1%) on contractor bills but was actually paying technical consultants, who fall under Section 194J (10%). The income tax department raised a short-deduction demand of ₹7.4L plus interest.
Solution: We filed a rectification, submitted Form 12BB and supporting contracts proving the correct section, and reduced the demand to ₹nil after reassessment.
Problem: A commercial property owner in Nashik was collecting rent of ₹1.2Cr/year from business tenants but had never deducted TDS under Section 194I.
Solution: We restructured the rent agreements, computed the catch-up TDS liability, filed correction returns for 2 years under CODS, and set up automated monthly TDS deduction going forward.
TDS Filing FAQs in Nashik
What are the TDS return filing due dates in India?
TDS returns are filed quarterly. Q1 (Apr-Jun): July 31. Q2 (Jul-Sep): October 31. Q3 (Oct-Dec): January 31. Q4 (Jan-Mar): May 31. Late filing attracts a penalty of ₹200/day under Section 234E.
What happens if I miss TDS payment or filing?
Missing TDS payment attracts 1.5% per month interest. Late filing of the return attracts ₹200/day under Section 234E (subject to total tax deducted). Additionally, 30% of the expense claimed is disallowed in your ITR if TDS wasn't deducted.
What is the difference between Form 16 and Form 16A?
Form 16 is a TDS certificate issued to employees for salary TDS deducted (Section 192). Form 16A is issued for TDS on non-salary payments like professional fees, rent, and contractor payments. JusTax generates and distributes both.