Automated TDS return filing with smart and user friendly TDS software

In today’s dynamic tax landscape, meeting tax deducted at source (TDS) compliance requirements has become increasingly complex for organisations. Ensuring timely adherence and addressing discrepancies remain key challenges. With the government’s growing emphasis on transactional taxes and extensive data collection, businesses often struggle to respond to discrepancies largely due to fragmented processes and limited governance frameworks.

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KPMG e-TDS Compliance Tool is our technology-enabled managed compliance service, designed to simplify and strengthen various stages of the TDS lifecycle - from data validation, TDS return preparation and filing to potential risk management. With your existing ERP data, we leverage technology to enable accurate and timely TDS compliances, while delivering customised, ready-to-use reports tailored for your business needs.

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fixing data gaps at source.

leveraging our tax knowledge in relation to evolving TDS/TCS laws.

to automate certain routine processes and to improve accuracy.

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through data analytics.

KPMG e-TDS Compliance Tool

KPMG e-TDS Compliance Tool offers a modular, tech-enabled compliance service that streamlines various layers of the TDS lifecycle

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Value add and potential benefits

Technology driven end-to-end support on TDS function

Access to tax specialists for comfort on tax positions

Dashboards for enhanced visibility and control

AI for tax notice tracking and other tasks

Improved efficiency and accuracy on outcomes

Saving of management and tax team’s time

Flexible approach-outsourced or licensable, based on client’s preference

Supports TDS audit report readiness with reliable transaction level data

Automation in TDS processes

Sensitising ERP for TDS provisions (where possible) to reduce adjustments and reconciliations outside ERP
Automated master data verification through TDS Reconciliation Analysis and Correction Enabling System (TRACES)
Automated Lower Deduction Certificate (LDC) tracking along with dashboards for its utilisation
Automated section and tax rate determination using well defined codes
Default prediction dashboard to flag post-filing risks at early stage
Tech enabled tracking of TDS on advances and its subsequent utilisation
Automated process to mitigate double deduction of TDS on invoices relating to year-end provisions

Tech enabled preparation and subsequent revision of quarterly TDS returns
TRACES integration for downloads and requests related to TDS returns
Automated Bulk TDS certificates distribution to vendors
Automated preparation of Clause 34(a) reporting with backup transaction level data
TDS notice aggregator for notice management
Advising on TDS implications on complex transactions/undertaking a diagnostic system health check.