#tds deduction

Let’s be honest—filing TDS returns isn’t exactly a task most people look forward to. Between managing challans, validating PANs, and ensuring compliance with government formats, it’s easy to get overwhelmed. One small error can lead to notices, penalties, and a whole lot of backtracking.

That’s where Webtel’s TDS Filing Software comes into play. Whether you’re a chartered accountant, a business owner, or part of a corporate finance team, this software is built to make your TDS filing process smooth, accurate, and hassle-free.

Why Is TDS Filing So Important?

TDS (Tax Deducted at Source) ensures tax is collected right at the income source. As simple as that sounds, the actual process of collecting, deducting, and filing it correctly is anything but simple—especially when you’re doing it manually or using outdated systems.

Missing deadlines or filing incorrect data can not only attract penalties but also damage your credibility with clients or internal teams. That’s why having the right software isn’t just a convenience—it’s a necessity.

What Makes Webtel’s TDS Filing Software Different?

Super Simple Interface: You don’t need to be a tech expert to use it. The software is designed in a way that anyone from your team can navigate it easily—no unnecessary steps, no clutter.

100% Compliant with the Latest Laws: Laws change. Formats get updated. But with Webtel, you’re always working with the most up-to-date version. No surprises when you upload your return.

Seamless Integration with TRACES and FVU: Webtel connects directly with government platforms so you can fetch, validate, and upload your returns without juggling between multiple tabs.

In-Built Error Detection: Made a mistake in your data? No problem. The software detects and flags errors instantly, so you can fix them on the spot.

PAN & TAN Validation: Forget about rejections due to invalid PANs. The software allows you to verify PAN details in real-time, saving you from unnecessary delays.

Excel Import and Bulk Data Uploads: Handling data for hundreds of deductees? You can import everything from Excel in a single go. It’s built for both scale and speed.

Who Should Use It?

Chartered Accountants & Tax Professionals

Corporates & MNCs

SMEs & Start-ups

NGOs, Schools, and Government Departments

Whether you’re handling 5 deductees or 5000, the software scales with your needs.

Why Webtel?

With over two decades in the compliance and automation space, Webtel isn’t just a software provider—it’s your digital partner in staying tax compliant. From TDS filing to GST to e-invoicing, Webtel offers a complete ecosystem trusted by thousands of professionals across India.

Final Word

Filing TDS doesn’t have to be stressful. With Webtel’s Genius TDS Filing Software, you get accuracy, speed, and peace of mind—all wrapped into one easy-to-use platform.

Ready to simplify your TDS return filing? Try Webtel’s TDS Filing Software Now

Frequently Asked Questions (FAQs)

Q1. Who can use Webtel’s TDS Filing Software? Ans: Whether you're a chartered accountant, a business owner, a finance executive, or a consultant handling multiple clients—Webtel's software is designed to suit professionals of all scales and industries.

Q2. Do I need to be a technical expert to use this software? Ans: Not at all! The software is built with a clean and user-friendly interface, so even beginners or non-technical users can manage filings without stress.

Q3. Can I file all types of TDS returns with this software? Ans: Yes, Webtel supports filing of Form 24Q, 26Q, 27Q, and 27EQ, covering salary, non-salary, NRI, and TCS returns—so you're completely covered.

Q4. Does the software support bulk PAN or deductee data uploads? Ans: Absolutely. You can upload multiple entries using Excel import features, making it ideal for handling large volumes of data efficiently.

Q5. How often is the software updated with new government changes? Ans: Webtel ensures all legal and format updates from TRACES and the Income Tax Department are implemented promptly so you're always compliant.

Q6. Is there any help or training available if I face issues? Ans: Yes! Webtel offers dedicated customer support, training sessions, and video tutorials to help you every step of the way.

Q7. Can I verify PAN details within the software? Ans: Yes, the software has a built-in PAN verification feature to help avoid errors and rejections due to invalid PAN details.

Excess TDS Deduction – Know all about getting refunds for excess TDS paid or deducted in India. Procedure for claiming TDS Refund and check the refund status.

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Walmart’s Flipkart has filed a legal challenge against an antitrust investigation ordered against the company in India, a court filing seen by Reuters showed, following a similar petition by its rival Amazon.com.

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Fixed deposits are a popular investment vehicle allowing investors the safety of their investment with assured returns. Almost every investor irrespective of his or her overall financial health parks some part of his overall investment as fixed deposits. While fixed deposits or FD as they are commonly know offer substantial assured returns, the interest earned through fixed deposits is liable for tax. Tax is often deducted at source for fixed deposits with interest rates of more than Rs. 10, 000 in one financial year. Let us take a look at TDS on fixed deposits and ways to avoid the same.

Understanding TDS on FD Interest: The interest earned for all investments made under fixed deposits is taxable if the overall interest received exceeds the minimum limit of Rs. 10,000 in a financial year. The tax liable for TDS on fixed deposits needs to be filled under income from other sources section while filling the income tax return. Tax deducted at source or TDS for fixed deposits interest is calculated as at 10% plus 3 per cent education cess. The total deduction for DS on fixed deposit interest rates is 10.3 % of the interest earned.

Example of TDS deduction:  If an investor has earned an interest of Rs. 30,000 through fixed deposits inters in one financial year, banks would deduct TDS on interest earned calculated at 10.3 per cent of the interest amount. In this case the banks would deduct a TDS of Rs. 3090 and pay the investor a total of Rs. 26910 as interest earned from his or her fixed deposit earnings. It is imperative to note that the TDS limit for investors parking their funds in any companies' deposit schemes is calculated if the interest earned exceeds the sum of Rs. 5,000 in one financial year.

Ways to Avoid TDS:

Spreading Investment across Financial Years: Timing Fixed Deposit investments are a good way to offset any TDS deductions for interest earned. Divide the timing of fixed deposits in such a way that interest for any of the financial years does not exceed the minimum threshold limit of Rs. 10,000. If the sum of interest earned is divided across two financial years, the user is not liable for any TDS.

Splitting Fixed Deposit Investments: Rather than having all fixed deposits investments under the same individual one can diversify the investments under a personal bank account, a Hindu Undivided family or in the name of other family members. As an investor with a HUF, the fixed deposits is considered as a separate financial entity therefore the interest earned would not be added to the overall interest earned through FD's for the individual. Similarly opting to open a fixed deposit account in the name of any relatives or spouse is also a good idea considering that the overall interest earned remains below the minimum threshold.