TDS Compliance
    Service

    TCS Return (Form 143 / 27EQ).

    Sellers and operators who must collect tax at source, on scrap, minerals, forest produce, liquor, specified motor vehicles or overseas tour packages, among others, file a quarterly TCS statement. From April 2026 this is Form 143 under section 394 of the Income-tax Act, 2025 (earlier section 206C and Form 27EQ). We compute, reconcile and file it each quarter.

    See how it works

    Free 30-minute call with a partner

    About TCS Return (Form 143 / 27EQ). No obligation — we reply within one business day.

    +91 72083 02128 WhatsApp
    Typical timeline

    Typically 4–6 working days per quarter after sales data is shared; the number of buyers and missing PANs drive the time.

    Who leads it

    A partner — a chartered accountant or company secretary — from the first call to sign-off.

    Fees

    Based on your situation, and fixed in writing before any work starts.

    Who it's for

    Is this for you?

    • Sellers of scrap, minerals, forest produce or liquor
    • Motor vehicle dealers selling vehicles above the specified value
    • Tour operators selling overseas tour packages
    • Operators of parking lots, toll plazas or mining and quarrying leases
    What you get

    What you receive at the end.

    • 01Category-wise TCS working
    • 02Filed Form 143 (or Form 27EQ for earlier periods) with acknowledgement
    • 03Challan reconciliation
    • 04Form 133 certificates for buyers
    How it works

    TCS Return (Form 143 / 27EQ), step by step.

    Typical timeline

    Typically 4–6 working days per quarter after sales data is shared; the number of buyers and missing PANs drive the time.

    1. 1

      Identify collections

      We identify sales and receipts that attract TCS and apply the current rates, several of which changed from 1 April 2026.

    2. 2

      Check buyer details

      We validate buyer PANs and apply any buyer declarations or lower collection certificates.

    3. 3

      Deposit and reconcile

      We confirm tax collected is deposited on time and matches the challans.

    4. 4

      Prepare and file

      We prepare Form 143 (Form 27EQ for periods up to March 2026), validate it and upload it on the e-filing portal under your TAN.

    5. 5

      Issue certificates

      We download TCS certificates in Form 133 (earlier Form 27D) from TRACES for your buyers.

    Before we start

    What we need from you.

    Don't have everything yet? We send a short checklist after the first call and work with what you have.

    • Sales register with buyer PANs for the quarter
    • TCS challans
    • Buyer declarations and lower collection certificates
    • TAN and e-filing portal access
    How fees work

    The fee depends on your situation. After a short call, the partner who will do the work tells you what's involved and gives you a fixed fee in writing — before any work begins.

    • Government fees and statutory charges are billed at actuals.
    • When you pay — upfront, in stages or on completion — is agreed in writing with the fee.
    FAQs

    Questions about TCS Return (Form 143 / 27EQ).

    No. The general TCS on sale of goods above a turnover threshold was withdrawn from April 2025. TCS now applies to the specified categories, so we review your sales against the current list.

    Often needed alongside
    Speak with a partner

    Ready to discuss TCS Return (Form 143 / 27EQ)?

    30-minute confidential call — no proposal, no commitment. A partner will write back within one business day.

    Contact details