Vide Finance Act 2020 the Indian government, has abolished Dividend Distribution Tax. Thus there was change in dividend taxation regime from being tax on company to a tax on shareholder. It has lead to significant increase in compliance requirement for companies having large shareholder base, since TDS liability is computed based on category of the shareholder as well as their tax residential status, manually determining appropriate TDS rate for large shareholder base is challenging and timeconsuming. Use of technology becomes imperative for such time sensitive and process driven compliances to provide enhanced comfort on accuracy and build efficiency in the process.
Verify PAN, 206AB/206CCA status, ITR non-filers, and PAN-Aadhaar linking in bulk quickly.
Check and verify shareholder documents to ensure accuracy and regulatory compliance.
Automatically calculate withholding tax (TDS) for each shareholder based on current rates.
Bulk prepare, certify, and upload Form 15CA & CB with acknowledgement downloads handled.
File error-free Form 15G/H, TDS, and SFT returns with complete data accuracy and tracking.
TDS certificates are encrypted and securely emailed to shareholders with password protection.
Assist with resolving shareholder and Income Tax queries related to compliance and filing.
Ensure confidentiality through a strict data security policy and secure access protocols.
Time Sensitive
Accuracy
Documentation
Data security
Shareholder