TDS and TCS

Accurate TDS and TCS compliance services including deduction, returns, reconciliation, and assessments, ensuring timely filings, reduced penalties, and smooth coordination with tax authorities.

TDS and TCS

Tax Deducted at Source (TDS) and Tax Collected at Source (TCS) are critical compliance areas requiring accuracy, timeliness, and continuous monitoring. At Arvind Kumar & Co., we provide comprehensive TDS and TCS compliance services to help businesses meet statutory obligations while avoiding interest, penalties, and litigation risks.

 

Our services cover the entire TDS/TCS lifecycle, including TAN registration, computation, deduction, deposit, reconciliation, return filing, certificate issuance, and correction statements. We work closely with organizations to ensure correct applicability of TDS/TCS provisions across salaries, contractor payments, professional fees, rent, interest, commissions, and other transactions.

 

We also assist clients during TDS assessments, notices, and departmental proceedings, ensuring proper documentation and timely responses. Our team stays updated with frequent changes in TDS/TCS rates, sections, thresholds, and compliance requirements, helping clients remain fully compliant with evolving regulations.

 

By combining technical expertise with systematic processes, we help organizations reduce compliance gaps, improve reconciliation accuracy, and maintain transparent tax records. Our approach emphasizes preventive compliance, structured reporting, and reliable support throughout the year.

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Our Expertise

Our TDS & TCS Expertise

TDS/TCS Compliance

We provide end-to-end advisory and execution support for TDS and TCS compliance under the Income Tax Act. Our services include identifying applicable sections, correct rate determination, and ensuring timely deduction or collection of tax. We help organizations implement compliance frameworks that align with transaction flows and statutory requirements.

 

Through periodic reviews and reconciliations, we ensure consistency between books of accounts, challans, and returns. Our focus is on reducing errors, defaults, and compliance risks while ensuring smooth year-round compliance.

Returns & Filings

Our team manages preparation and filing of quarterly TDS/TCS returns, including Form 24Q, 26Q, 27Q, and 27EQ, as applicable. We ensure accurate reporting of deductee details, challan mapping, and transaction disclosures.

We also handle correction statements, rectification of mismatches, and coordination with the tax portal. Timely and accurate filings help clients avoid late fees, interest, and notices while maintaining clean compliance records.

Certificates & Reconciliation

We assist with issuance of TDS certificates such as Form 16 and Form 16A, ensuring accuracy and timely delivery to deductees. Our services include reconciliation of TDS/TCS data with Form 26Q/26AS and accounting records.

By identifying mismatches early, we help organizations resolve discrepancies before assessments or audits. Proper reconciliation improves transparency and builds trust with employees, vendors, and other stakeholders.

Assessments & Support

We represent clients during TDS assessments and departmental proceedings. Our services include responding to notices, preparing submissions, attending hearings, and coordinating with tax authorities.

 

We also assist in resolving defaults related to short deduction, non-deduction, late filing, or interest and penalty issues. With structured documentation and clear communication, we help clients close assessment matters efficiently and compliantly.

Our Process

Our Simple Working Process

A structured, transparent approach focused on understanding your business, ensuring compliance, and delivering practical, value-driven financial solutions.

Step 1

Understand

We evaluate your business operations, cost structures, financial risks, and statutory compliance requirements in detail.

Step 2

Implement

We design and execute customized cost, accounting, tax, and compliance solutions aligned with your business objectives.

Step 3

Support

We provide continuous advisory, reporting, compliance monitoring, and expert assistance to support sustainable business growth.

What they say about us

Arvind Kumar & Co. provides a comprehensive range of services, including auditing, taxation, financial advisory, and management consulting. Their expertise extends catering to a diverse clientele ranging from small businesses to large corporations. Instances of delays are rare and usually communicated well in advance, allowing clients to plan accordingly.Will surely recommend many more clients to Arvind and his team

Mojahid Syed

Great character and transparency. A good reliable partner

Ajay Bhatia

Excellent and Prompt service for last 8 years .. Would recommend

Manas

One stop solution for financial consulting

Alok Tiwari

Get Started

Get Started with TDS & TCS Compliance

Ensure accurate deductions, timely filings, and hassle-free compliance with expert TDS and TCS support. Partner with a reliable Mumbai-based Cost Accountancy firm for dependable tax withholding management.

Schedule a consultation today to streamline your TDS & TCS compliance.

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FAQs – TDS & TCS

Any individual or entity making specified payments under the Income Tax Act may be required to deduct TDS.

Late filing can attract interest, late fees, penalties, and departmental notices.

Yes, we handle correction filings to rectify errors in PAN, challans, amounts, or deductee details.

Yes, we provide complete representation and support during TDS assessments and proceedings.

Answers to common TDS and TCS compliance queries

Arvind Kumar & Co.
Cost Accountants

Arvind Kumar & Co. is a Mumbai-based Cost Accountancy firm delivering integrated cost, accounting, tax, GST, audit, and advisory services.

Head Office

124, MHADA Bungalow, Arvind Kumar & Co, opposite Akshara High School, Sector 8, Kandivali West, Mumbai, Maharashtra 400067

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