TDS

TDS (Tax Deducted at Source) Services

End-to-End TDS Compliance and Advisory by AMBK and Associates

At AMBK and Associates, we offer specialized and comprehensive TDS services that ensure timely deductions, accurate filings, and full compliance with Indian tax laws under the Income Tax Act, 1961.

🔹 Our TDS Services Include:

1. TDS Deduction Advisory

• Guidance on applicable TDS sections (e.g., 194C, 194J, 194H, 194-IA)

• Determining the correct TDS rates based on the nature of payment and recipient status

• Ensuring timely deduction and remittance to the government

• Advisory on TAN registration and operational best practices

2. TDS Return Preparation & Filing

• Monthly/quarterly TDS return preparation and electronic filing (Forms 24Q, 26Q, 27Q, etc.)

• Generation of Form 16/16A for employees and vendors

• Reconciliation of TDS records with books of accounts and TRACES portal data

3. Correction & Rectification of TDS Returns

• Rectifying errors, mismatches, or defaults in previously filed TDS returns

• Filing of revised returns and generation of updated Form 16/16A

• Regular follow-up to resolve defaults and avoid penalties or interest

4. TDS on Property Transactions

• Complete TDS compliance support for buyers of immovable property under Section 194-IA

• Filing of Form 26QB and issuance of TDS certificate to the seller

• Tax planning and advisory for property-related transactions

5. TDS for Non-Residents

• TDS guidance for payments to non-resident individuals, foreign companies, and expatriates

• Assistance in obtaining Lower/Nil TDS Deduction Certificate (Form 13)

• Support in applying DTAA benefits and filing Form 15CA/15CB

6. Representation & Assistance

• Drafting responses to TDS notices, demands, or discrepancies

• Liaison with TRACES and CPC-TDS for resolution of compliance issues

• Assistance in TDS assessments, surveys, and scrutiny cases