TDS Return Preparation – Complete Data Compilation Services
Expert TDS Data Compilation, Challan Reconciliation, and Return Preparation Before Filing
Accurate TDS return preparation is the foundation of error-free filing. Before a TDS return can be filed, the deductor must compile deductee details (names, PANs, payment amounts, TDS deducted), reconcile TDS challans paid on the OLTAS portal against actual deductions, apply the correct section codes for each payment type, and validate all data using NSDL's File Validation Utility (FVU). Errors at the preparation stage — incorrect PAN, wrong challan mapping, incorrect section codes — result in mismatches in deductee Form 26AS and costly correction statements after filing.
Our professionals handle the complete TDS return preparation process — from raw payment data to a validated, FVU-compliant return file ready for submission. This service connects with our TDS Return Filing, Form 24Q, Form 26Q, and TDS & Tax Liability in India advisory.
Our Services
Payment Data Compilation
Systematic compilation of all TDS-liable payments made during the quarter — by payment type, section, deductee, and date — organised for entry into the NSDL Return Preparation Utility (RPU).
Challan Reconciliation
Reconciliation of TDS challans paid via net banking or bank branches (on OLTAS) against the TDS deductions made — mapping each challan to the correct deductee entries in the return.
PAN Validation
Bulk validation of all deductee PANs against the income tax database before filing — identifying invalid, inactive, or mismatched PANs and seeking corrections from deductees before the return is filed.
Section Code Verification
Verification of the correct section code for each payment type — including correct sub-section coding for 194J (professional vs technical services), 194C (individual vs company contractor), and other split sections.
FVU Validation
Preparation of the return data file and validation through NSDL's File Validation Utility (FVU) — ensuring the return is format-compliant and error-free before submission to TIN-FC or the TRACES online portal.
Form 15G / 15H Management
Compilation and reconciliation of Form 15G and 15H declarations received from deductees — correctly reporting declarations in the TDS return and ensuring TDS is not deducted on qualifying payments.
Why Accurate TDS Preparation Matters
- Deductee 26AS credit depends entirely on correct PAN and challan mapping in the TDS return
- Wrong section codes (e.g., 194J(a) vs 194J(b)) result in incorrect Form 16A and potential AO notices
- FVU validation catches format errors before filing — but does not catch incorrect data (wrong PAN, amounts)
- Challan mismatch between OLTAS records and TDS return is a common cause of CPC-TDS demand notices
- PAN validation against the income tax database before filing prevents 20% TDS liability under Section 206AA
- A well-prepared return eliminates the need for correction statements — saving time and compliance cost
Frequently Asked Questions
What software or utility is used to prepare TDS returns?
How are TDS challans reconciled before return preparation?
What is the most common error in TDS return preparation?
Can TDS return preparation be done in advance?
What documents are needed to prepare a TDS return?
TDS Return Prepared Correctly — No Errors, No Correction Statements
Our professionals compile your TDS data, validate PANs, reconcile challans, and deliver FVU-validated return files ready for filing.
Talk to an ExpertF.A.Q.
GSTR-9 is an annual GST return that summarizes all transactions reported during the financial year. It is required to ensure proper reconciliation and compliance with GST laws.
All regular GST-registered taxpayers are required to file GSTR-9, except composition dealers, casual taxable persons, and non-resident taxpayers.
The due date is generally 31st December following the end of the relevant financial year, unless extended by the government.
It includes details of outward supplies, inward supplies, input tax credit claimed, taxes paid, and adjustments made during the year.
GSTR-9 is mandatory for most regular taxpayers, but certain small taxpayers may get exemptions based on turnover thresholds notified by the government.
Late filing may result in penalties and late fees, along with potential compliance issues or notices from GST authorities.
