TDS on Contracts / Professional services

Now file Form 26QD online

File Form 26QD for payments > 50 lacs to Indian Resident contractors and professionals

Service includes providing TDS certificate from TRACES portal

Competitive Pricing and Professional Approach

Get your return reviewed by an experienced CA everytime

Let's file your TDS return. Click the link below:

Salient Features

Sec 194 M of the Income Tax Act, 1961 states that with respect to payments to resident contractors and professionals exceeding Rs. 50 lacs during a year, Payer/Deductor, being an individual or a HUF (not liable to audit u/s 44AB), has to deduct tax from the sum payable to a resident Payee/Deductee.

Important Considerations

Payer/Deductor is not required to procure Tax Deduction Account Number (TAN). The Payer/Deductor is required to quote his or her PAN and PAN of the Payee/Deductee.

If tenant is an individual or HUF (liable to audit u/s 44AB), then this return is not applicable and Form 26Q is applicable. If payee is a non-resident, then this return is not applicable and Form 27Q is applicable.

 

Form 16D is the TDS certificate to be issued by the deductor to the deductee in respect of the tax deducted and deposited as TDS under section 194M of the Income-tax Act, 1961.

Steps Involved

01

FILL UP BASIC DETAILS BELOW

Our Interactive form will help us understand your requirements and assess list of documents required,

02

SUBMIT DOCUMENTS AND PAY FEES

Our team member will contact you to advise list of documents required for processing your application and invoice for professional services.

03

process and submit application

Our team coordinates with you to pay your taxes and submits your Form 26QD with authorities.

04

TDS CERTIFICATE ISSUED

Post processing of Form 26QD by Income Tax Department, TDS certificate in Form 16D can be downloaded from Income Tax Department portal.

If your need additional services in relation to Form 26QD, please write to us or call us.

Let's file your Form 26QD. First, let's start with understanding your requirements:

TDS on payment to Contractors / Professionals

Contractor / Professional is
To how many contractors / professionals have you made payment exceeding Rs. 50 Lacs?