Praveen J & Associates
TDS & TCS · Form 27EQ (TCS Return)

Form 27EQ TCS Return Filing — Quarterly TCS Compliance Done Right

Scrap, auto, liquor, LRS ya 206C(1H) pe TCS collect ho raha? Quarterly 27EQ file karna mandatory hai.

Correct sections, PAN validation, challan linkage aur Form 27D — defect-free filing.

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Common Problems Faced

Section confusion (206C variants)

PAN errors = higher TCS

Late filing = ₹200/day

Challan-return mismatch

27D generation issues

What is Form 27EQ?

  • Quarterly TCS return u/s 206C
  • Filed via NSDL / Protean utility
  • Covers scrap, minerals, liquor, motor vehicle, LRS, 206C(1H)
  • Form 27D auto-generates post processing
  • Correction returns supported on TRACES

Who Should Use This Service?

Dealers in scrap / minerals / liquor

Motor vehicle sellers

Authorized LRS dealers (banks)

E-commerce / sellers u/s 206C(1H)

Tour operators u/s 206C(1G)

Benefits

  • On-time defect-free returns
  • Clean Form 27D for buyers
  • Notice & default handling
  • PAN-based shortfalls fixed
  • TRACES correction support

Important Points

  • Due dates: 15 Jul, 15 Oct, 15 Jan, 15 May
  • PAN inoperative = higher TCS
  • Section mapping must be precise
  • Challan-return reconciliation essential
  • Form 27D issued within 15 days

Our Process

1

Collect buyer & challan data

2

Validate PANs & sections

3

Generate & validate FVU file

4

File 27EQ on portal

5

Download / issue Form 27D

Documents Required

TAN & collector details
Buyer PAN & transaction data
Challan details (BSR, date, amount)
Section-wise sale register
Previous returns / TRACES access

Frequently Asked Questions

Every collector of TCS u/s 206C.

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