TDS Return Filing Guide for Small Businesses

If you deduct tax at source, regular filing discipline is important even for a small business.

Start with these basics

• Identify all TDS deductions and section-wise nature.
• Match challans with payment dates.
• Keep TAN and TAN-linked e-sign details ready.
• Use a monthly/quarterly schedule and do not delay uploads.

Frequent errors to prevent

• Incorrect PAN in records
• Wrong return form selected
• Late payment without revised returns
• Missing correction for previous period errors

Suggested control

Maintain an internal table with party name, amount paid, tax deducted, and challan date. Update this before month-end.

Note: This is general information only and should be reviewed by Goyal K & Co before publishing.