Payroll & TDS Compliance
Comprehensive salary processing, monthly TDS calculations, quarterly TDS return e-filing, and PF/ESIC registration and compliance.
Delayed salary processing damages employee morale, while incorrect TDS deductions under Section 192/194C/194J can lead to disallowance of business expenses under Section 40(a)(ia). Late filing of quarterly TDS returns (Form 24Q, 26Q) attracts a fee of ₹200 per day under Section 234E.
Who Requires This Compliance?
What is Included in Our Service?
- Custom salary structure configuration (Basic, HRA, LTA, Special Allowance)
- Monthly payroll processing, payslip generation, and bank transfer sheets
- TDS deduction on salaries (Sec 192) and non-salary payments (Sec 194C, 194J, 194I)
- Quarterly TDS Return filing (Form 24Q, 26Q, 27Q)
- Generation of annual Form 16 (for employees) and quarterly Form 16A (for vendors)
- Monthly EPF and ESIC challan generation and filing
Execution Workflow & Timeline
Data Collection & Attendance Sync
Provide monthly attendance records, leave tracking, and new-hire tax declarations.
Payroll Computation & TDS Calculations
We run payroll calculations, compute TDS obligations, and generate payslips.
Salary Disbursement Support
We provide bank-uploadable salary sheets and EPF/ESIC payment challans.
Quarterly Return Filings
Every quarter, we reconcile TDS deductions with payments and file TDS returns.
Documents Required Checklist
Prepare these files to ensure immediate review and submission of your cases.
For Payroll setup
- Employee PAN and Aadhaar records
- Employment contracts indicating salary structures
- Tax investment declarations submitted by employees
For Monthly TDS processing
- Vendor agreements & invoices containing PAN details
- Rent receipts and lease agreements for office premises
Frequently Asked Questions
TDS must be deposited on or before the 7th of the following month. For March deductions, the deposit deadline is April 30th.
A late fee of ₹200 per day is charged under Section 234E for as long as the return remains unfiled (not exceeding the total TDS amount). Additionally, penalties under Section 271H ranging from ₹10,000 to ₹1,00,000 can be levied.