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TDS & Professional Tax Management
Complete TDS deduction compliance and professional tax filing for employers and service providers.
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What is TDS & Professional Tax Management?
TDS (Tax Deducted at Source) is mandatory when making certain payments. We manage TDS calculations, deposits, and quarterly return filing ensuring 100% compliance and avoiding penalties.
Overview
This service is designed to help you streamline your business operations, ensure compliance, and establish a strong legal foundation for your venture.
Who Needs This?
Startup founders, growing businesses, entrepreneurs, and enterprises looking to establish proper compliance frameworks and operational structures.
Key Benefits of TDS & Professional Tax Management
100% TDS compliance
Comprehensive support and guidance throughout the process
No late payment penalties or interest
Comprehensive support and guidance throughout the process
Proper employee TDS deduction
Comprehensive support and guidance throughout the process
Smooth vendor payment processes
Comprehensive support and guidance throughout the process
Audit-ready TDS documentation
Comprehensive support and guidance throughout the process
Professional tax optimization
Comprehensive support and guidance throughout the process
Eligibility & Requirements
Eligibility Criteria
- Companies with employees (salary TDS)
- Businesses making vendor payments liable for TDS
- Professionals with service income
Key Requirements
- TAN (Tax Collected at Source Account Number)
- Employee payroll data
- Vendor payment details
- Bank account information
Documents Required
Essential Documents
- Salary reports and payroll records
- Vendor invoice and payment documents
- Bank statements
- Quarterly deposit receipts
- IT returns for reconciliation
What You'll Receive
- Monthly TDS deduction statements
- Quarterly TDS returns (Form 24Q/26Q)
- Annual TDS certificate (Form 16/16A)
- Reconciliation with IT returns
- Compliance summary report
Step-by-Step Process
TDS Rate Determination
Identifying applicable TDS rates.
Deduction Calculation
Computing TDS on all payments.
Deposit Management
Processing TDS deposits to government.
Return Filing
Submitting quarterly TDS returns.
Certificate Issuance
Generating Form 16/16A for employees/vendors.
Reconciliation
Reconciling TDS with annual IT returns.
Why Choose MGA Group?
Certified Professionals
CA & CS qualified experts with 10+ years of experience
100% Compliance
Guaranteed adherence to all government regulations
Quick Turnaround
Fast processing without compromising quality
Dedicated Support
Personal account manager for your account
Digital Process
100% paperless and transparent workflow
Post-Service Care
Ongoing support and compliance guidance