TDS & Advance Tax Reconciliation

Timely Reminders and Calculations for Advance Tax Payments

Managing taxes isn't just about paying — it’s about ensuring everything balances perfectly. TDS (Tax Deducted at Source) and advance tax payments must align with your actual tax liability to avoid surprises during filing.

Our TDS & Advance Tax Reconciliation Service helps individuals monitor, adjust, and accurately reconcile tax payments made during the year.

What We Offer

TDS Tracking and Verification
  • Review Form 26AS and AIS (Annual Information Statement) to verify all TDS entries.
  • Identify any missing or mismatched TDS credits.
Advance Tax Monitoring
  • Track all advance tax payments made across the financial year.
  • Match these payments against the actual tax liability as it evolves.
Mid-Year Adjustments
  • If there is an increase in income (e.g., bonuses, capital gains, rental income), we help you calculate additional advance tax needed.
  • Avoid underpayment interest by adjusting payments on time.
Final Reconciliation Statement

Summarized report showing:

  • Total TDS credited.
  • Total advance tax paid.
  • Any additional tax payable or refundable.
Consultation and Clarifications
  • Expert assistance in understanding discrepancies.
  • Guidance on how to fix mismatches with deductors or CPC (Centralized Processing Centre) if needed.

Why Reconciliation Matters

  • Avoid Notices : Mismatches between TDS and declared income can trigger unwanted scrutiny.
  • Prevent Penalties : Shortfall in advance tax leads to interest under Sections 234B and 234C.
  • Easy Filing : A clean, reconciled tax summary simplifies your ITR filing process.
  • Refund Accuracy: Ensure eligible refunds are processed smoothly without delays.

Important to Know

Type Details
TDS Verified through Form 26AS and AIS; deducted by employers, banks, etc.
Advance Tax Paid directly by the taxpayer based on estimated total tax liability.
Reconciliation Goal Match total TDS + Advance Tax with actual tax liability for the year.

Advance Tax Payment Milestones

Quarter Ending Action Required Due Date
Q1 (April-June)/td> Review initial TDS and pay 1st advance tax instalment 15th June 2025
Q2 (July-September) Update income changes and pay 2nd instalment 15th September 2025
Q3 (October-December) Review capital gains, bonus income, etc., and pay 3rd instalment 15th December 2025
Q4 (January-March) Final reconciliation and last instalment 15th March 2026

Quick Example

Particulars Amount (in ₹)
Estimated Annual Tax Liability 2,00,000
Total TDS Available (Form 26AS) 1,20,000
Advance Tax Paid 70,000
Final Tax Payable or Refund/td> 10,000 Refund

Note :
(Here, you've paid ₹1,90,000 through TDS and Advance Tax combined, while your liability was ₹2,00,000 — small balance easily managed!)

Final Note

Reconciliation isn’t just paperwork — it’s the difference between smooth tax filing and unnecessary complications.

Let us take care of your TDS & Advance Tax Reconciliation — so you can file confidently and compliantly.

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