On the roadmapDirect tax

TDS Compliance

Works out the right section and rate before the payment goes out, then builds the quarterly return from the payments you actually made.

Written up and waiting its turn. Work starts on it once the one before it is properly finished.

The case for it

Deduct at the wrong rate and you usually find out a quarter later, when putting it right costs interest. The time to get it right is while the voucher is still a draft.

TDS Compliance · Direct tax

What it does

The specifics.

Every line here is something it is being built to do. None of it is a vague area we are thinking about looking at.

  1. Works out which section applies from the nature of the payment and who is being paid.

  2. Uses the current rate, including the higher one when a PAN is missing or inoperative.

  3. Tells you while the voucher can still be edited, not after the money has gone out.

  4. Builds 26Q and 24Q from the payments on record, with the challan details attached.

  5. Keeps track of deposit and filing dates against what has actually been paid.

Where it fits

What goes in, and what you get back.

Takes in

Payments, payee PAN and status

The agent

TDS Compliance

Gives back

The right rate at the time, and the quarterly returns

Ends up as

A record with its full history

Whatever it produces ends up as a proper record with its history attached, not as a message in a chat window. You get something your reviewer already knows how to check.

Talk to us about TDS Compliance.

A walkthrough covers what you can use today, what this one will do, and where it sits in the queue. We will not give you a date on the call that we are not sure of.

Written up and waiting its turn. Work starts on it once the one before it is properly finished.