TDS Compliance: Understand Your Responsibilities & Avoid Penalties

TDS is a abbrevation of Tax Deducted at Source which is generally called withholding charge. There are some recognized costs/portions against which government has suggested a specific rate of thinking. While affecting portion to social events to the deductor is required to deduct evaluate at source, pay the accumulated cost to the credit of government, archive quarterly TDS Return and issue a declaration of TDS deducted and spared fit as a fiddle no 16 or 16 An everything considered. The courses of action of TDS are outstandingly stringent and any protection have certifiable results. It is always extraordinary to come law as the cost of consistence is continually low conversely with discipline which a defaulter is required to pay. Startup Movers can help you in TDS Compliance

Key Points on TDS

TDS is to be deducted at the period of making portion
Seventh day of one month from now is the last date of TDS Payment
TDS ought to be deducted at twofold rate if deductee does not have PAN number
Region under which TDS is deducted must be determined in the TDS challan
The Form 16/16A must be issued inside 30 days of reporting the TDS Return.

What Our Clients Say

Discover why businesses love working with Startup Movers!

Really happy with the professional way in which the work has been done (y). Worked with other CA’s previously, Startup movers were the best one- whom we worked with

Jani Pasha
CEO - Lokal App

Excellent service at affordable prices. They are very punctual and work really hard to get the job done.

Mr. Puranjay Singh
CEO - Mystery Monks

These guys are really good particularly their secretarial part. Very professional very prompt.

Nikhil
Cofounder - Finbox

Excellent!!…. Excellent!..
Startup Movers helped us with our company incorporation & re-correction was done quickly and everything that goes with it has done good.

Karishma
CEO - Cavaxion

The best part about working with StartUp Movers is that they understand the DNA of a startup very well, and are flexible in their approach. This makes them very compatible partners for any start-up.

Chetan Kapoor
Edulever

I have had great experience with Shivani. Right now the only structured department in my organisation is Finance, grateful to the team of startup movers.

Kirti Goel
COO, P-Tal

These guys are very professional and perfect in their areas of expertise. They know their customers’ pain point very well. From company registration to compliances, they have delivered the best. For an early stage startup, these guys act as a “Virtual CFO”.

Nav Agarwal
Pep.live

Working with the Startup Movers team has been extremely great in all aspects. These guys are the best at the best affordable prices in the market.

Nikhil Kumar Parmar
Datapeace AI

We wanted to setup employee benefit plans such as ESOP for our startup and startup movers team were the perfect fit to do those policy drafting and helping with the correct statutory filing. They have framed the policy as a perfect fit for our requirement and in very timely manner.

Ankur Arora
Idan Motor

Since the start of my entrepreneurship journey, Start-up Movers have been managing our Secretarial Compliance (including fundraising compliances), and financial compliance (such as GST, TDS, PF/ ESI, PT) The team has been phenomenal. They are well-versed with all MCA rules and regulations.

Ankur Goyal
Seamless

So far