TDS/TCS Due Date Reminder: Ensure Compliance by 7th June 2025 📅

Managing taxes is a critical part of every business's financial health. One of the most important responsibilities for employers, businesses, and deductors is timely compliance with Tax Deducted at Source (TDS) and Tax Collected at Source (TCS) obligations.

For the month of May 2025, the due date for depositing TDS/TCS is 7th June 2025.

🔍 What is TDS/TCS?

  • TDS (Tax Deducted at Source): It is the tax deducted by a business or employer while making specific payments like salaries, rent, interest, contractor payments, etc.

  • TCS (Tax Collected at Source): It is the tax collected by sellers from buyers at the time of sale of specified goods.

Both must be deposited with the Government within the prescribed timeline to avoid penalties and ensure smooth business operations.

🗓 Why is 7th June 2025 Important?

This date marks the last day to deposit TDS/TCS for the transactions made in May 2025. Missing this deadline can result in:

  • 💸 Interest on late payment

  • ⚖️ Penalty under Section 271H

  • 🚫 Disqualification for certain government tenders or projects

  • 🧾 Loss of credibility in audits and assessments

✅ Documents Needed for TDS/TCS Compliance

  • PAN details of deductees/collectees

  • Payment vouchers or invoices

  • Correct TDS/TCS section and rate applied

  • TDS challans (Form 281)

  • Details for e-filing returns later (Form 26Q, 27Q, etc.)

💼 Let TAXLA SERVICES Take the Lead

At Taxla Services, we understand the importance of timely and error-free TDS/TCS compliance. Our expert team ensures:

  • Accurate deduction & calculation

  • Timely payment & filing

  • Generation and issuance of TDS certificates

  • Guidance on section-wise applicability and changes

  • Handling of TDS returns, revisions, and reconciliations

📞 Need Help?

Don't risk non-compliance. Leave the complexity to the experts.

📞 Call Us: +91 9600076134 / 6374812546
📧 Email: auditsiva2@gmail.com
🌐 Visit: www.taxlaservices.com
📍 Location: 19, SBI Colony 3rd Street, Saligramam, Chennai – 600093

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