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TDS Review

Deduction, Deposit & Returns — 24Q / 26Q / 27Q · Sessions saved for team access

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Assessee Details

Upload Data Files

Upload TDS return files (FVU/Text), TRACES download, payment challans, deductee details

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Compliance Checklist

45 checks · 13 critical

Section 192 — Salary: TDS at applicable slab rate on estimated annual salary. Standard deduction ₹75,000 accounted

Section 192

Section 194A — Interest (other than securities): 10% if PAN available. Threshold: bank FD ₹40,000 (₹50,000 senior), co-op ₹50,000

Section 194A

Section 194C — Contractor: 1% (individual/HUF) or 2% (others). Threshold: ₹30,000 single or ₹1L aggregate annual

Section 194C

Section 194D — Insurance commission: 5%. Threshold: ₹15,000 per year

Section 194D

Section 194H — Commission/brokerage: 5%. Threshold: ₹15,000 per year

Section 194H

Section 194I — Rent: 10% (land/building/furniture) or 2% (plant/machinery). Threshold: ₹2.4L per year

Section 194I

Section 194J — Professional/technical fees: 10% professional, 2% technical/call centre. Threshold: ₹30,000

Section 194J

Section 194Q — Purchase of goods > ₹50L from single vendor: 0.1%. Applies only to buyer with turnover > ₹10 Cr

Section 194Q

Section 194R — Perquisites/benefits to business/profession > ₹20,000: 10% of fair value

Section 194R

Section 194S — VDA/Crypto transfer: 1% of consideration. No threshold for new buyers

Section 194S

Section 194M — Contractual/professional payments by individual/HUF above ₹50L/year: 5%

Section 194M

💡 Tips for best results
  • ·Upload the FVU file or text return from TRACES portal
  • ·Include TRACES deductee-wise download for full reconciliation
  • ·Provide payment challan details with dates for late deposit check
  • ·Mention if any non-resident payments exist — Section 195 DTAA applies
  • ·Include Form 15G/15H declarations if received from deductees