How to pay monthly TDS under section 194J (fees for professional and technical services)

Employee can also take Tax Credit If TDS from salary is deducted by  Employer but not deposited to government. - Nitin Bhatia & Associates

Hi guy’s

This is Ravi Verma, In this blog, we are writing about TDS under section 194J (fees for professional and technical services)

let’s start”,

What do you understand by TDS monthly payment?

We can say this in simple language in this way that when we take service from a professional, we have to pay him money in return for that, and when we give him money, before that we deduct his TDS and then his money gives. We have to deposit this deducted TDS to the government on the 7th of every month.

The steps to pay monthly TDS are as follows

1st step

Go to the TIN website:- and choose e-payment for the TIN option

step 2:- After selecting it you will see an interface like this

Step 3:- So you select Challan NO/ITNS 281 and click to process.

Step 4:- After clicking on it you will directly entering to TDS Monthly Payment Portal.

Step 5:- Under this head,{ (Tax Applicable
(Tax Deducted/Collected At Source From)} you have to see the two options

  • (0020) Company Deductees:- That is, if you are deducting the TDS of any company and depositing it, then this option has to be selected.
  • (0021) Non-Company Deductees:- That is, if you are deducting the TDS of an individual or non-company and depositing it, then this option has to be selected.

Step 6:- Select Type of Payment.

  • (200) TDS/TCS Payable by Taxpayer:- Select this option if you are depositing TDS for the first time
  • (400) TDS/TCS Regular Assessment:- And if you want to make any kind of correction in your TDS report then select this option.

Step 7:- Nature of Payment

Select the nature of payment section 94J (fees for professional and technical services)

Step 8:- Mode Of Payment

  • Net-Banking:- Select it if you want to make online payment through net banking
  •  Debit Card:- And if you want to make payment through offline mode then select it.

step 9:- Tax Deduction Account Number

Enter your company TAN number.

step 10:- Assessment Year

Choose your assessment year i.e. financial year is 2021-2022 then the assessment year will be 2022-2023.

Step 11:- Address

It is mandatory to enter your complete address along with state, district, and pin code.

Step 12:- Captcha Code

You can process this form only after entering the captcha code

Step 13:- Now you will get an option to confirm whatever you have filled while filling this form.

Do scroll down and click I agree & submit to the bank

Step 14:- Now you have to choose your bank, the way you want to make the payment to the government.

Step 15:-Enter your user ID or password and proceed.

Step 16:- Now your bank’s gateway will open in front of you, in which you will have to enter the amount of tax, if there is any interest and penalty, then you will also have to enter it and after that, you will click on continue.

Last Step:- After this verification click on submit option and you will automatically move to the payment summary option And above you will get the message that your payment is made successful.

TDS Late fees

  • If we do not deduct the TDS of any person who has exceeded the threshold limit of his income, then on such a mistake the government will charge a 1% per month penalty of the total deducted TDS amount from us.

Example:- If a person whose name is Ram works in our company and his income has exceeded the threshold limit set by the government, then if we do not deduct his TDS then every month’s interest will be charged at 1%.

Ram’s salary rs 100000 p.m

Interest rate@ 10%

TDS payment =100000*10%= 10000

if we do not deduct this amount then the penalty will be applicable @1% per month (10000*1% = 100rs)

  • If we deduct the TDS of our employee but do not deposit it to the government, then on this mistake, the government imposes a penalty of 1.5% every month from us.

Example:- If any employee named Ram works in our company, whose TDS has been deducted but not deposited to the government, then the government will charge a 1.5% penalty.

Ram’s salary is rs 100000

TDS @rs 10%

TDS Amount = 10000

penalty @1.5% = 150rs

  • If an employee named Ram works in our company, whose TDS we deducted and deposited it to the government but did not file his return, then in this case the government charges 200 rupees everyday penalty.

Note point****** If a person files his own TDS late, then the Assessing Officer can
impose a fine of 10000 to 100000 on him.

  • Due Date for filing TDS returns
QuarterFiling Month 2021-2022End date for filing TDS returnsStarting date for Filing TDS returnsRelaxations
01st1st April – 30th June 202131st July 202101st July 2021NA
02nd1st July – 30th September 202131st October 202101st October 2021NA
03rd1st October – 31st December 202131st January 202201st January 2022NA
04th1st January – 31st march 202231st May 202201st April 2022NA
TDS online return filing due date for F.Y-2021-2022 & A.Y 2022-2023

Note point**** TDS monthly payment always has to be made before 7th of the next month and if want to pay in offline mode then always before 6th of the next month