TDS Return Filing
TDS – Tax Deducted at Source 

This is a type of Tax Collecting Method of Government to reduce Tax Evasion.
Every 7th Deducted Tax to be submitted to the Government. Quarterly once TDS Return to be submitted to Income Tax Department. 

The details required to file TDS returns are:
      *PAN & TAN of the deductor
      *PAN of the deductees
      *TDS Challan Details
 Due Date for Filing Return as follows:
Late Filing Fee:
      As per Section 234E, if an assessee failed to furnish the Return within a due date, he shall be liable to pay a penalty of Rs. 200/- per day till the date of filing.

Non Filing of TDS Return:
       A person shall also be liable to pay penalty in case the return has not been filed within one year from the due date of filing or incorrect information delivered. The Penalty levied should not be less than Rs. 10,000/- and not be more than Rs. 1,00,000/-