TDS Compliance API

TDS Compliance Category includes APIs to check 206AB compliance, e-file TDS return & retrieve TDS certificate.

What is TDS?

Tax Deducted at Source (TDS) is an indirect method of collecting Income Tax. TDS is based on the principle of β€œPay as you earn” which is beneficial for both the Government and the taxpayer. It is where a person making a payment (source of income) of specified nature is liable to deduct tax at a prescribed rate. This ensures continuous revenue for the Government by way of Tax Deducted at the Source.

The Payer making a payment is also responsible to deposit TDS with the Income Tax Department within a specified date and file a TDS Return. The payee can claim a tax credit of TDS deducted based on Form 26AS while filing ITR.

However, staying TDS compliant can be a hassle for businesses, as they are required to :

  1. Deduct TDS from payments that are liable for TDS Deduction at an appropriate rate.
  2. Deposit TDS to Government before the due date.
  3. Issue a TDS Certificate by the deductor to the deductee.
  4. File TDS Returns Quarterly.

Organizations deducting TDS have to remain compliant with each of the steps. Failure to do so results in TDS Penalties by Authorities. Sandbox provides TDS Compliance APIs to help you automate end-to-end TDS compliance.

Sandbox uses RPA to facilitate the filing of TDS returns through TIN FC

Available TDS Compliance APIs

  1. E-File TDS Return API: Helps you automate the TDS filing procedure through systematic APIs
  2. 206AB Compliance Check API: Helps you check section 206 AB & CCA compliance to determine if deductee is compliant & deduct TDS at applicable rate

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Pay TDS through our APIs

We offer Tax-Payment APIs which can be integrated into your workflow and help you pay TDS seamlessly.