Services Page

Tax Deducted at Source

Ensure timely and accurate TDS compliance with our expert solutions, covering filing, deductions, and regulatory adherence.

Tax Deducted at Source

Tax Deducted at Source (TDS) is a means of collecting income tax in India, under which a certain percentage of the payment is deducted by the payer before making the payment to the payee. This system is designed to ensure that tax is collected at the source of income, thereby reducing tax evasion and ensuring a steady flow of revenue to the government.

Income Tax

Services Provided by Nirvigna Associates Related to TDS

  • Tax Icon
    TDS Compliance and Advisory

    Nirvigna Associates offers comprehensive advisory services to help businesses understand their TDS obligations. This includes guidance on applicable TDS rates for various types of payments such as salaries, interest, rent, professional fees, etc. They assist clients in determining the correct amount of TDS to be deducted based on current regulations.

  • Tax Icon
    TDS Return Filing

    The firm provides services for filing TDS returns accurately and timely. This involves preparing and submitting quarterly TDS returns (Form 24Q for salaries, Form 26Q for non-salaried payments, etc.) to the Income Tax Department. They ensure that all necessary details are correctly filled out to avoid penalties or issues with compliance.

  • Tax Icon
    TDS Reconciliation

    Nirvigna Associates helps clients reconcile their TDS records with those maintained by the Income Tax Department. This service is crucial for identifying discrepancies between what has been deducted and what has been reported by deductors and deductees.

  • Tax Icon
    Obtaining TAN (Tax Deduction and Collection Account Number)

    They assist businesses in obtaining a TAN, which is mandatory for any entity responsible for deducting or collecting tax at source. The process involves filling out forms and ensuring compliance with all regulatory requirements.

  • Tax Icon
    Representation Before Tax Authorities

    In cases where disputes arise regarding TDS deductions or filings, Nirvigna Associates provides representation before tax authorities. Their expertise helps clients navigate complex legal situations effectively.

  • Tax Icon
    Training and Workshops

    To enhance understanding among clients about TDS provisions, Nirvigna Associates conducts training sessions and workshops tailored to specific industries or business needs. These sessions cover updates in legislation, compliance requirements, and best practices in TDS management

  • Tax Icon
    Updates on Regulatory Changes

    The firm keeps its clients informed about changes in TDS laws and regulations through newsletters or direct communication, ensuring that they remain compliant with current laws.

  • Tax Icon
    Audit Support Services

    In case of audits related to TDS compliance, Nirvigna Associates provides support services including document preparation and strategy formulation to address auditor queries effectively.

Contact Us