What is TDS Return Filing?
- TDS Return Filing
- TDS Returns are quarterly electronic statements filed with the Income Tax Department summarising TDS deductions, deposits, and deductee details for each quarter.
TDS Return Types
24Q: TDS on salaries (filed quarterly, Form 16 generated annually). 26Q: TDS on non-salary payments (contractors, professional fees, rent, etc.). 27Q: TDS on payments to non-residents. 27EQ: TCS (Tax Collected at Source) return. Due dates: 31 July, 31 October, 31 January, and 31 May (for Q4).
TDS Return from ERPNext
ERPNext's Tax Withholding Category tracks all TDS deductions with section, deductee PAN, and amount. Export the TDS data by section for each quarter. Use the government's TRACES portal or third-party TDS software (Gen TDS, ClearTax) to prepare and file the return using ERPNext data.
Infonoxe Technologies specialises in ERPNext implementation and custom software for Indian businesses.
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