Enterprises have tax forms to generate and TDS returns to file. Even start-ups and SMBs are not exempt from this mandate; even if a start-up has two employees and does not deduct TDS on their salaries, they still have to generate Form-16s and file TDS returns. Needless to say, the process can be extremely time-consuming and expensive. But not, if you’re using Cleartds.com, a first-of-its-kind, cloud-based TDS filing software from ClearTax.
A one-stop solution for start-ups dealing with the hassles of TDS returns filing, form generation and correction, ClearTDS.com auto-imports all deductor/deductee details through Conso file/TRACES and can generate multiple Form-16s within minutes. This automation helps start-ups and SMBs in saving time and costs.
Speaking on how Cleartds.com can help start-ups in avoiding undue TDS-related hassles, Archit Gupta, CEO and Founder, ClearTax, said, “TDS returns filing is a time-consuming and expensive task, especially for a start-up, who either have to consult a CA or have to invest time and effort doing it themselves. With Cleartds.com, we are providing start-ups and SMBs with the perfect tool to streamline their process of tax form generation and TDS returns filing.”
SMEs, SMBs,
Cleartds.com also incorporates TDS validation and Early Warning System to prevent any notice being issued for discrepancies in TDS returns or missed deadlines. Moreover, the software allows start-ups to save money through unconsumed challans of the last 2 years. Add to it the convenience of e-filing returns online, and Cleartds.combecomes the best hack to save time, energy and money for start-ups.
Since its inception a year ago, ClearTDS has filed over 25000 TDS returns and has helped major corporations in saving thousands of man-hours and lakhs of rupees in tax consultation fees. Given its impressive performance, ClearTDS has become the preferred TDS return filing software of Aditya Birla Retail, Citibank and Cyient amongst others, and has registered a quarterly growth of 25% in the number of TDS filings in 2015.