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Quarterly TDS filing for salary deductions (24Q) and contractor payments (26Q)
Last reviewed:
When you pay salaries, contractor fees, or rent, you must deduct TDS and deposit to government. Then you must file a return showing what you deducted. We handle this completely for you. We calculate correct TDS, deposit it on time, and file the return so you have no worries.
There are two main TDS forms. Form 24Q is for salary TDS deducted from employee salaries. Form 26Q is for non-salary TDS like contractor payments, rent, professional fees, and commission. We know which form you need and file correctly. Missing TDS filing costs you ₹200 per day in penalty.
TDS filing has strict quarterly deadlines. Form 24Q for salary is due 15 days after quarter end. Form 26Q for non-salary is due 15 days after quarter. We file before these deadlines. We also prepare Form 16 and 16A for your employees and contractors. Everything stays organized and compliant.
Late TDS filing penalties add up quickly. The late fee is ₹200 per day under Section 234E until the return is filed. On top of that, if you deducted TDS but did not deposit it to the government on time, you pay interest at 1.5% per month. If you did not deduct TDS at all when required, interest is 1% per month from the date you should have deducted. These charges can easily cross ₹10,000 to ₹50,000 for just one quarter of delay.
After each quarterly TDS return is filed, we send you a confirmation with the details. Keep these for your annual records. At the end of the financial year, we prepare Form 16 for your employees and Form 16A for contractors. Your employees need Form 16 to file their own income tax returns, so issuing it on time (by June 15) is important. We also recommend matching your TDS filings with your income tax return before filing ITR.
TDS rules are the same across India. Wherever your business operates, the forms, deadlines, and rates do not change. All filing is done online through the TRACES portal. Our clients across India send us salary and payment details on WhatsApp, and we handle the rest.
Salary Register
Monthly salary, deductions, and net paid to employees
Employee PAN and Aadhar
For Form 16 issuance in November
Contractor Payment Details
Names, PAN, amounts paid in the quarter
Bank Statements
Showing TDS deposits made to government
Rent Agreements
If paying rent, lease agreement with landlord PAN
Challan Proofs
Screenshots or receipts of TDS payments to government
You send salary registers, contractor invoices, and rent details. We collect all TDS deduction information for the quarter.
1 dayWe calculate correct TDS amount for each transaction. We check all rates - salary is 10%, contractor depends on amount and PAN status. We verify deposits made.
1 dayWe prepare Form 24Q for salary TDS or Form 26Q for non-salary TDS. Every transaction and amount is listed correctly. We check deposits match filings.
1 dayWe e-file the return on Income Tax portal before deadline. We prepare Form 16 for salary and Form 16A for contractors. You get copies for distribution.
Same dayQuarterly pricing covers preparation, e-filing, and submission. Form 16 and 16A issued separately. No government charges involved.
2-3 Working Days
From document collection to e-filing. We meet all quarterly deadlines without rushing.
Quarterly deadlines are strict. Form 24Q and 26Q have 15-day windows. We file before deadlines always.
Late TDS filing costs ₹200 per day. We ensure you never pay unnecessary penalties.
Year-end Form 16 issuance is complex. We manage all employee data and issue correctly for income tax filings.
We match TDS filings with bank deposits. Everything reconciles perfectly.
As a construction company, we pay many contractors. Tracking TDS was stressful. Quorum manages everything perfectly. They file quarterly returns and provide contractor certificates on time. Zero stress.
Harpreet Singh
Construction Company, Chandigarh
Salary TDS is deducted at 10% on monthly salary above certain limits. Contractor payments above ₹30,000 need 1% TDS if PAN provided, 20% if no PAN. Rent above ₹50,000 per month needs 10% TDS.
Form 24Q must be filed within 15 days after quarter end. For Q4, deadline is May 31. Late filing penalty is ₹200 per day. Filing on time keeps your business clean.
Form 16 is the TDS certificate given to employees showing salary and TDS deducted. You must issue by June 15 of next year. Employees need this for their income tax return filing.
You can still file the return late with penalty. You should deposit TDS immediately with interest. We advise depositing on time to avoid interest charges and penalties.
Form 16A is for non-salary TDS like contractor payments. If you deducted TDS from a contractor, issue Form 16A. They need it for their income tax filing.
Yes, you can file a correction return through the TRACES portal. We charge ₹699 for correction returns. Always better to correct than face notices.
You will get a notice and penalty. If return is not filed by the end of financial year, you cannot issue Form 16 to employees. We file on time every time.
You will face ₹200 per day penalty under Section 234E until the return is filed. Even if TDS was deposited correctly, the return must be filed separately. Do not confuse deposit with filing.
The late fee is ₹200 per day under Section 234E until the return is filed. This can add up to the total TDS amount for that quarter. On top of that, Section 271H allows a penalty of ₹10,000 to ₹1,00,000 if the return is filed more than one year late.
Save the filing acknowledgment. Match it with your bank challan records to confirm all deposits are accounted for. At year-end, issue Form 16 to employees by June 15 and Form 16A to contractors. Also check TRACES for any demand notices.
Form 24Q covers TDS deducted on salaries paid to employees. Form 26Q covers TDS on all other payments like contractor fees, rent, professional fees, and commission. Most businesses with both employees and contractors need to file both forms.
The TRACES portal and TDS filing software are designed for computers and do not work well on phones. The easiest way is to send us your salary and payment details on WhatsApp, and we file everything for you.
File it immediately. The ₹200 per day penalty keeps adding up until you file. If it has been more than a year, additional penalty of ₹10,000 to ₹1,00,000 can be charged. Contact us and we will file your pending returns on priority.
No. The government does not charge a filing fee. Our fee of ₹499 per quarter covers preparation, e-filing, and submission. Late fees only apply if you miss the deadline.
Full preparation of Form 24Q (or 26Q), TDS calculation, matching with challan deposits, e-filing on the TRACES portal, and filing confirmation. Form 16 and 16A certificates are charged separately at ₹99 each.
No. TDS rates, deadlines, and filing rules are the same across India. Wherever your business is located, the process is identical. All filing happens online through the TRACES portal.
You are still responsible for the TDS amount. The government can demand it from you with interest at 1% per month from the date you should have deducted. It is better to start deducting immediately and file a correction. We can help you sort this out.
Yes. TDS returns are filed online through the TRACES and income tax portals. Our clients across India share their details on WhatsApp and we handle everything remotely. No office visit is needed.
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