TDS Return Filing Software for Businesses of Every Scale

TDS return filing software, also called e-TDS software, prepares quarterly TDS and TCS statements from your deduction data, validates every record, generates the FVU file for upload and handles correction returns and TDS certificates. It replaces manual entry into the free return preparation utility, which becomes hard to manage at high volumes.

Yes. TaxCPC is TDS software built for corporates, banks and CA firms that file 24Q, 26Q, 27Q and 27EQ returns at volume, with bulk data upload, validation before filing, correction statements and bulk Form 16 and Form 16A.

There is no official ranking, so compare software on what it does. The best TDS software covers all four returns (24Q, 26Q, 27Q and 27EQ) and their corrections, validates every PAN, challan and section record before generating the FVU file, verifies PANs in bulk, connects to TRACES for Conso files, justification reports and Form 16/16A, and handles your volume of TANs and deductees. Also check the vendor’s track record and support at filing deadlines. TaxCPC covers each of these points, and Figment has served 900+ organisations, including banks, PSUs and corporates, over 14+ years.

Yes. Protean (formerly NSDL) provides a free Return Preparation Utility (RPU) and File Validation Utility (FVU). You prepare the statement in the RPU, validate it with the FVU and upload it on the income tax e-filing portal. The free utility works for a small number of entries; for many deductees, TANs or branches, TDS software saves time with bulk import, PAN and challan checks and bulk certificates.

Yes. A deductor can prepare, validate and upload its own TDS return without a CA, using the free utility or TDS software, as long as it has its TAN registered on the e-filing portal and TRACES and a DSC or EVC to submit. TaxCPC is built for in-house finance and tax teams to do this for every TAN, with errors flagged before filing.

Pricing for TDS software usually depends on the number of TANs, deductees and users and on whether you need extras such as TRACES automation or multi-branch access. TaxCPC is priced for your volume: book a demo to get a quote, or log in to FigmentOne to see the plans.

Yes. Easy TDS filing in TaxCPC follows four steps: upload the quarter’s data in bulk, let TaxCPC validate every record, fix any flagged errors, and generate the FVU file for upload. There is nothing to install, and support is available through filing weeks.

Yes. TaxCPC is cloud-based TDS and TCS return filing software. There is nothing to install: teams open their quarter in a browser from any device, at any hour, and work on the same data.

Tax Deduction at Source (TDS) is a mechanism of collecting income tax in India at the source of income generation. The tax is deducted by the person or entity making the payment, and the deducted amount is remitted to the government.

Any person or business entity that makes certain types of payments, such as salary, rent, professional fees, or commission, is required to deduct TDS.

TDS is calculated as a percentage of the payment made. The rate of TDS varies depending on the nature of the payment and the status of the recipient.

TDS needs to be deposited with the government by the 7th of the following month in which the deduction is made. For example, TDS deducted in the month of April needs to be deposited by the 7th of May.

Quarterly TDS returns are due by 31 July for April to June, 31 October for July to September, 31 January for October to December, and 31 May for January to March.

Download the consolidated file of the original statement from TRACES, correct the deductee, challan or PAN details that are wrong, validate the revised statement and generate a new FVU file, then upload it on the e-filing portal. TaxCPC keeps the original return data, so only the changed records need to be edited.

An FVU file is the validated file that is uploaded to the Income Tax Department. In TaxCPC, you prepare the return, run validation to fix any errors, and generate the FVU file from the same screen, ready for upload.

TRACES lists defaults such as short deduction, short payment, late filing and invalid PAN against each statement. Review the default, correct the underlying records or challan details, and file a correction return. TaxCPC validates records before filing, so fewer defaults arise in the first place.

Yes. TaxCPC requests Form 16/16A from TRACES and issues Form 130 (Form 16) to employees, Form 131 (Form 16A) to vendors and Form 133 (Form 27D) to collectees in bulk every quarter, instead of handling each certificate one at a time.

If you fail to deduct TDS, you may be liable to pay a penalty and interest. It is important to ensure that TDS is deducted correctly and on time to avoid any penalties.

Yes, TaxCPC’s platform offers TDS reconciliation solutions to help you match the TDS deducted with the payments made. This ensures that there are no discrepancies in your TDS filings.

TaxCPC validates every deductee, PAN, challan and section record before the FVU file is generated, verifies PANs in bulk, matches challans against the CSI file and calculates interest and late filing fees. Errors are fixed before filing, so fewer TRACES defaults and correction returns follow.

Yes. TDSCPC, the TDS filing and compliance software from Figment Global Solutions, is now called TaxCPC. It is the same product, with the same TDS return preparation, validation, correction and Form 16/16A features, and existing TDSCPC users continue on TaxCPC.

TaxCPC, formerly TDSCPC, is part of FigmentOne. Existing users log in at one.figmentglobal.com and open TaxCPC from the product list, where plans and pricing are also shown. New users can book a demo to get access.