Documents required for TDS/TCS Return Filings:

• TDS/TCS Deductor’s Details

  1. Permanent Account Number (PAN) of the deductor or collector.

  2. TAN (Tax Deduction and Collection Account Number) of the deductor or collector.

• Form 26Q/27Q/27EQ

  1. Appropriate TDS/TCS return form based on the type of payment:

     1. Form 26Q: For TDS on all payments except salary.

     2. Form 27Q: For TDS on payments to non-residents.

     3. Form 27EQ: For TCS on sales of specified goods.

• Details of Deductees/Collectees

  1. Name, PAN, and address of the deductees/collectees.

  2. Amount paid or credited to each deductee/collectee.

  3. TDS/TCS amount deducted/collected.

• Challan Details

  1. Details of the tax deposited through challans, including:

     1. Challan serial number

     2. Amount of TDS/TCS deposited

     3. Date of payment

• Tax Payment Receipts

  1. Copies of the receipts for tax payments made to the government for TDS/TCS.

• Summary of Payments

  1. A summary of all payments made during the quarter/year, including total TDS/TCS deducted/collected.

• Form 16/16A (if applicable)

  1. Issued to the deductees, showing the details of TDS deducted:

     1. Form 16: For TDS on salary payments.

     2. Form 16A: For TDS on non-salary payments.

• CIN (Challan Identification Number)

  1. CIN of the challan used for the tax payment, which must match with the details in the return.

• Books of Accounts (if required)

  1. Relevant accounting records that may be needed for verification during audits.

Filing Process:

• Online Filing: TDS/TCS returns can be filed electronically through the TRACES portal (www.tdscpc.gov.in) or the Income Tax e-filing portal (www.incometax.gov.in).

• Due Dates: It is essential to adhere to the filing deadlines to avoid penalties:

  • TDS returns are typically due quarterly.

  • TCS returns are usually due on the 15th of the month following the end of the quarter.