Filing Tax Collected at Source (TCS) returns is an important compliance responsibility for businesses and sellers collecting tax on specified transactions. Our professional assistance helps you prepare and file quarterly TCS returns in Form 27EQ, verify collection details, reconcile challan information and complete the filing process within the applicable due dates.
Professional assistance with quarterly Tax Collected at Source (TCS) statement preparation and filing for businesses and other applicable collectors.
Careful review of sale transactions, collectee details, PAN information, collection amounts and applicable TCS provisions.
Assistance with reconciling TCS collections, challan payments and tax credit records before statement submission.
Guidance on applicable TCS provisions, quarterly filing requirements, statutory due dates and reporting obligations.
Support with identifying errors and preparing applicable correction statements for previously submitted TCS returns.
Assistance from transaction data collection and statement preparation to filing acknowledgement and post-filing guidance.
Preparation and filing assistance for quarterly TCS statements relating to periods governed by the earlier Income-tax Act and Rules, including reporting of collections and collectee details.
Assistance with preparation and filing of the applicable quarterly TCS statement under the Income-tax Act, 2025, for tax years beginning on or after 1 April 2026.
Assistance with reporting applicable TCS collections on specified goods and transactions, including scrap, liquor, tendu leaves and other covered categories.
Guidance on reporting applicable TCS collections relating to specified foreign remittances and overseas tour package transactions.
Assistance with correcting eligible errors in previously filed TCS statements, including collectee details, challan information and collection amounts.
Review of collection records, tax deposits, collectee information and filing status to address discrepancies and pending compliance requirements.
Review of sale transactions, collection amounts, applicable provisions, collectee PAN and other required information.
Reconciliation of TCS collected with tax deposits, challan records and available payment information.
Preparation of Form 27EQ for earlier periods or Form 143 for applicable tax years beginning from 1 April 2026.
Assistance with validating the prepared TCS statement through the prescribed return preparation and file validation utility.
Sharing of the available acknowledgement or receipt number after successful submission of the applicable TCS statement.
Guidance on statement status, correction requirements, tax credit issues and other applicable follow-up matters.
We understand your business activities, TAN details, type of transactions, collectee categories and applicable TCS filing requirements.
You provide TAN and PAN details, transaction records, collectee information, TCS collection details and challan payment information for the relevant quarter.
We review transaction classifications, applicable collection rates, PAN details, collection amounts and challan records for completeness and consistency.
The applicable TCS statement is prepared using the prescribed form and validated through the relevant filing utility.
After reviewing the prepared statement, the applicable TCS return is submitted through the prescribed electronic filing channel.
We share the filing acknowledgement and provide guidance on statement status, correction requirements or other applicable post-filing matters.
Companies responsible for collecting tax at source on specified goods, transactions or payments under the applicable income tax provisions.
Businesses selling specified goods or undertaking covered transactions where TCS collection is required under the applicable provisions.
Persons engaged in specified transactions involving scrap, liquor, tendu leaves and other covered goods, subject to applicable TCS requirements.
Persons responsible for collecting TCS on specified overseas tour package transactions under the applicable provisions.
Authorised dealers and other persons responsible for collecting TCS on covered foreign remittance transactions, wherever applicable.
Persons and entities holding a valid TAN and required to furnish applicable quarterly TCS statements under the relevant tax provisions.
Valid Tax Collection Account Number (TAN) of the collector for applicable TCS reporting and filing.
PAN of the collector and relevant authorised persons, wherever required.
Legal name, registered address, business activity and other relevant details of the collector.
Name, designation, PAN and contact information of the person authorised to verify or submit the statement.
Valid DSC of the authorised signatory wherever electronic signing is used or required for filing.
PAN or other prescribed identification details of buyers, customers or collectees, as applicable.
Invoices, sales registers, transaction dates and other supporting records for transactions subject to TCS.
Transaction-wise details of amounts received or debited, applicable TCS rates and tax collected.
Relevant documents for scrap, specified goods, foreign remittances, overseas tour packages or other covered transactions.
Applicable declarations, certificates or supporting information for transactions eligible for prescribed exclusions or lower collection treatment.
Challan details and payment receipts for TCS deposited with the government during the relevant quarter.
Bank branch BSR code, challan serial number and deposit date for applicable challan reconciliation.
CIN and other applicable payment identification details for matching TCS deposits with reported collections.
Previous quarterly statement acknowledgements and correction statement details, wherever relevant.
Available reconciliation reports and tax credit details for identifying challan or collectee-level mismatches.
Relevant financial year or tax year, quarter, applicable statement type and filing period details.
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