Tax Deducted at Source (TDS) and Tax Collected at Source (TCS) are critical components of the Indian taxation system, designed to collect taxes at the point of income generation or transaction. TDS is applicable on various types of income, such as salary, interest, rent, and contract payments. TCS, on the other hand, is collected by the seller from the buyer on specific transactions, such as the sale of goods or services.

At Raj & Co., we offer comprehensive TDS/TCS compliance services to ensure timely filing and accurate tax deductions, reducing the risk of penalties or legal complications. Our expert team advises clients on the appropriate rates of TDS/TCS applicable to different transactions, ensuring that all deductions are made in accordance with the Income Tax Act.

We help businesses maintain proper documentation, including TDS certificates and returns, and offer guidance on remittance and filing deadlines. Our services also include rectifying any discrepancies in tax deductions, helping clients stay compliant with the latest tax laws and avoid penalties.

With Raj & Co.’s professional expertise, you can rest assured that your TDS/TCS obligations are handled efficiently, allowing you to focus on the growth of your business while maintaining compliance.