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Home > TDS > Service Plans > Form 26Q (Other Payments) TDS Return Service PlanLast Updated: Dec 12th 2024

Form 26Q (Other Payments) TDS Return Service Plan & Pricing

Service

  • Consultation and guidance in applicability of TDS, Challan Payments and Filing.
  • Income Tax E Filing and Traces Registration.
  • Filing of TDS Return (26Q). A guide on TDS on Payments Other than Salaries (Form 26Q)
  • Generation of Form 16A for the concerned deductees.
  • Expert support through Email, phone & chat during the business hours.

Who should buy?

  • Any organization such as corporate, partnership firm, individuals or HUF whose turnover is more than threshold limits etc. who deduct the tax from their clients or contractors.

Process

  • Upon receiving the documents, our expert will call you before starting the process.
  • Expert team will exchange the information thru email and phone calls, if necessary.
  • Filing of Form 26Q.
  • Generation of Form 16A for the concerned deductees.
  • Estimated Processing Time: For receipt of Form 16A, generally within 7-15 Working days.

Documents to be Submitted

  • TAN of the Organization.
  • Copy of PAN of Organization.
  • Address of the Organization.
  • Name, Address, PAN, e-mail Id & Mobile No of the person responsible for deducting TDS.
  • Copies of TDS Challan paid.
  • Details of Total Amount Paid, date of payment .
  • PAN of all deductees.

Other Benefits

Every Service comes with the benefits such as

  • Faster Service
  • Uploading of FVU file
  • Post-Service follow-up
  • 27A PDF Report
  • Form 200A Assistance
  • General Guidance

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TDS Returns On Other Payments FAQs

A comprehensive list of frequently asked questions on TDS Returns On Other Payments.

1.What is Form-26Q ?

It is to be submitted for tax deduction at source for all the payments received other than the salary. A guide on TDS on Payments Other than Salaries (Form 26Q)

2.What is penalty for non-filing of TDS / TCS statements ?

If TDS / TCS statement is not filed for one year from the due date of filing, there would be a penalty of minimum Rs. 10,000.00 to Rs. 1,00,000.00 for not filing TDS / TCS statement under section 271H.

3.What will be the consequences if I do the file TDS / TCS statement after due date ?

There will be a levy of Rs. 200.00 per day under section 234E, from the due date till the date when statement is filed.

4.What are the different types of payment under 26Q ?
  • 193 Interest on securities.
  • 194 Dividend.
  • 194A Interest other than interest on securities.
  • 194B Winnings from lotteries and crossword puzzles.
  • 194BB Winnings from horse race.
  • 194C Payment of contractors and sub-contractors.
  • 194D Insurance Commission.
  • 194EE Payments in respect of deposits under National Savings Schemes.
  • 194F Payments because of re-purchase of Units by Mutual Funds or UTI.
  • 194G Commission, prize etc., on sale of lottery tickets.
  • 194H Commission or Brokerage.
  • 194I (a) Rent 4IA.
  • 194I (b) Rent 4IB.
  • 194J Fees for Professional or Technical Services 94J.
  • 194LA Payment of Compensation on acquisition of certain immovable property 4LA.

Other Payments (Form 26Q)
Rs.1499
Market Price  Rs. 1999 

Consultation and guidance in applicability of TDS, Challan Payments and Filing, Income Tax E Filing and Traces Registration, Filing of TDS Return(26Q), Generation of Form 16A for the concerned deductees

Refer How to take Expert TDS Service?


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Disclaimer: This article provides an overview and general guidance, not exhaustive for brevity. Please refer Income Tax Act, GST Act, Companies Act and other tax compliance acts, Rules, and Notifications for details.