📊Our Form 140 (Form 26Q) TDS Service
TDS Consultation
Expert guidance on TDS applicability across different payment categories 393 (194A, 194C, 194H, 194I, 194J) and applicable threshold limits for each.
Form 140 (Form 26Q) Filing
Professional preparation and filing of Form 140 (Form 26Q) for quarterly TDS returns on TRACES with complete accuracy and correct section codes.
Challan Guidance
Support in TDS challan payment tracking, verification, and reconciliation with TDS return filings for each quarter.
Form 131 (Form 16A) Generation
Automated generation of Form 131 (Form 16A) for all deductees with accurate TDS details for their income tax filing.
IT e-Filing & TRACES
Complete Income Tax e-filing and TRACES registration support for TDS return submissions with FVU file preparation.
Expert Support
Ongoing expert support via email, phone & chat during business hours for any TDS-related queries and notices.
Who Should Buy This Service?
Corporates and companies deducting TDS on contractor payments u/s 393 (Section 194C)
Organizations paying commissions and brokerage u/s 393 (Section 194H)
Businesses deducting TDS on professional and technical fees u/s 393 (Section 194J)
Partnership firms, HUFs, and individuals whose turnover exceeds the threshold deducting TDS on interest and rent
Important: TDS return filing is mandatory within 30 days of the end of the quarter. Late filing attracts penalties of ₹200 per day under Section 234E (IT Act 2025: Section 427). Non-deduction or non-deposit of TDS attracts interest at 1% to 1.5% per month in addition to penalties.
⚙️Our Filing Process
1
Provide TDS Details
Submit payment details, deductee information, and TDS challan copies for the quarter to our expert team.
2
Expert Review Call
Our expert reviews your documents and calls you to clarify any details and verify TDS categorization before filing.
3
Information Exchange
Expert team exchanges information via email and phone calls to collect all deductee PANs, payment sections, and challan details.
4
Form 140 (Form 26Q) Preparation & Filing
Prepare Form 140 (Form 26Q) with accurate categorization of TDS payments u/s 393 (194A, 194C, 194H, 194I, 194J, etc.) and e-file with TRACES.
5
Form 131 (Form 16A) Generation & Delivery
Generate Form 131 (Form 16A) for all deductees. Filing in 1–2 days; Form 16A delivery within 7–15 working days after TRACES acknowledgment.
Processing time: 1–2 working days for Form 26Q filing; 7–15 working days for Form 131 (Form 16A) generation after TRACES acknowledgment.
📂Required Documents
TAN (Tax Deduction Account Number)
Valid TAN of the deductor (organization / individual) for filing Form 140 (26Q) on TRACES
PAN & Organization Address
PAN and registered address of the deductor (company, firm, or individual)
Responsible Person Details
Name, PAN, designation, and contact details of the responsible person / authorized signatory
TDS Challan Copies
Copies of all TDS challans paid during the quarter — section-wise, with challan numbers and dates
Payment Details & Dates
Details of all payments made — amount, nature of payment, applicable TDS section, and payment dates
Deductee PAN & Details
Valid PAN and details of all deductees (contractors, vendors, employees getting non-salary payments)
✅Service Benefits
Faster Service — Dedicated expert team ensures quick turnaround within 1–2 working days for Form 140 (26Q) filing
FVU Upload Support — Complete support in preparing and uploading FVU (Financial Verification Upload) files to TRACES
Post-Service Follow-up — Continued expert support for any Income Tax Department notices or queries after filing
27A PDF Report — Comprehensive Form 27A PDF report covering all TDS filing details and reconciliation for your records
General Guidance — Expert guidance on TDS rates, threshold limits, and applicable sections for your business payments
Note on Quarterly Filing Deadlines: Form 26Q (Form 140) must be filed within 30 days from the end of each quarter — April 30 (Q4 of previous FY), July 31 (Q1), October 31 (Q2), January 31 (Q3). Missing this deadline attracts late fees of ₹200 per day under Section 234E (IT Act 2025: Section 427). Non-filing within one year can attract penalties from ₹10,000 to ₹1,00,000 under Section 271H (IT Act 2025: Section 461).
❓Frequently Asked Questions
What is Form 26Q (Form 140) and who needs to file it?
Form 140 (previously Form 26Q) is the quarterly TDS return form for payments other than salary made to resident Indians. It covers TDS deductions on contractor payments (194C), commissions (194H), interest (194A), rent (194I), professional fees (194J), and other eligible payments. Organizations (corporate, partnership, HUF, individuals) whose turnover exceeds the threshold and who deduct TDS on payments to clients, contractors, or vendors are required to file this quarterly return. Refer the Guide on Form 140 (Form 26Q) for additional information.
What are the penalties for non-filing of Form 26Q (Form 140)?
Penalties for non-filing include:
- Late filing fee: ₹200 per day under Section 234E (IT Act 2025: Section 427) from the due date until actual filing
- Maximum late filing fee is limited to the total TDS amount deducted
- Non-filing penalty: ₹10,000 to ₹1,00,000 under Section 271H (IT Act 2025: Section 461) if not filed within one year from the due date
- Non-deduction interest: 1% per month from the date TDS was deductible to the date of deduction
- Non-deposit interest: 1.5% per month from the date of TDS deduction to the actual date of deposit
What is the late filing fee for Form 26Q?
The late filing fee for Form 26Q (Form 140) is ₹200 per day under Section 234E of the Income Tax Act 1961 (IT Act 2025: Section 427), calculated from the due date of filing until the actual date of filing. This is in addition to any interest on non-deduction or non-deposit of TDS. The total late fee cannot exceed the total TDS amount. We strongly recommend timely filing every quarter to avoid accumulating these fees.
What types of payments are covered under Form 26Q (Form 140)?
Form 140 (26Q) covers TDS on various payments to residents (other than salary)
Refer Latest TDS Rates by Section | Simplified Version for more information.
⭐Client Reviews
★★★★★
"EZTax made our quarterly TDS filing process completely hassle-free. Their team understood our contractor payment structure perfectly and filed Form 26Q returns on time every quarter. Highly recommended!"
Anuradha Timbers International
★★★★★
"We choose EZTax.in Books — GST Ready Accounting Services. Over the time, we realized the advantages of their technology platform. Today, I get my P&L, invoices, payables, & receivables on my mobile. Now, we are in the process of transitioning other businesses to EZTax.in"
Bangkok169 Restaurant Chain
★★★★★
"Had a great experience with EZTax. The team provided quick, thorough and friendly support. Our TDS filing and Form 16A generation were handled professionally every quarter without any delays."
Director-CR, ICFAI Business School