See how Q-ETDs Audit is done & what information needs to be checked / corrected

1. Q-ETDS AUDIT
Compliance Audit of Q-ETDS Filing
www.relativity.co.in
Bangalore :
104-C, Oxford House, Rustam Bagh
Bangalore – 560 017
Coimbatore :
18, Padmini Illam,
Maruthamalai Main Road,
Vadavalli, Coimbatore - 41
• Eliminate Employee Queries related to TDS
• Reduce your Non-Productive time (answering Employee
Queries, Follow-up for Corrections, etc)
• Pro-active Approach
• Avoid receiving Defaults, Notices from ITD
• Avoid Last Minute surprises (Incorrect data on Part-A)

2. Q-ETDS Filing Compliance Audit
Reduce Non-Compliance and Incorrect
Transactional data to leverage 100% Compliance
Our Q-ETDS Filing Compliance Audit helps you to identify irregularities and incorrect data
available on the TIN-NSDL System based on which the Income Tax Department levies
fines, penalties and interests. A thorough assessment is undertaken with the latest rules and
regulations as applicable on the date of Audit and necessary corrections/revisions are done
by us. By this Audit you are protected against any problems you may face from the TDS Circle
of the Income Tax Department.
www.relativity.co.in

3. www.taxbingo.com www.relativity.co.in
Problem
EMPLOYEES DO NOT GET TAX CREDIT

4. www.taxbingo.com www.relativity.co.in
Problem Area for NO TAX CREDIT
S.No Problem Area Result
1 PAN Not Available Cases No Tax Credit
2 PAN Invalid Cases No Tax Credit
3 Incorrect PAN/Fake PAN Cases No Tax Credit
4 Unbooked Challans No Tax Credit
5 Line Entries Not Available No Tax Credit
6 Short Payments Provisional Tax Credit
7 Short/Lower Deductions Provisional Tax Credit
8 Late Payments Provisional Tax Credit

5. Salient Points - What do we do ?
S.No Identification Action
1 PAN Not Available Cases Corrections for such cases where PAN Number is
available
2 PAN Invalid Cases Change to Correct PAN Number
3 Incorrect PAN/Fake PAN Cases Change to Correct PAN Number
4 Unbooked Challans Identify such challans and do necessary revisions to
have them corrected
5 Short Payments Provide you with details of such short payments and
do necessary revisions
6 Short/Lower Deductions Provide you with details of such short deductions and
do necessary revisions
7 Late Payments Provide you with details of such late payments and
do necessary revisions
8 Non Availability of Tax Credit to
employees/vendors
Access the case and undertake necessary revisions
www.relativity.co.in

6. 1. TDS Files for Each Quarter from NSDL
2. Form 16A for Each Quarter
3. CIN Data from OLTAS for Each Quarter
4. Independent Audit Report inline with Accounting Standards
prescribed by ICAI – SA 230, SA 260 & SA 265
5. List of Defaults generated by the Income Tax Department and
advisory on nullifying the same.
Salient Points
Additionally Provide you with
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7. The Process & Time Line
Commercial
Go-Ahead
Relativity Assigns
Account Manager
Data Gathering and
Data Mining
Verification of Status
with TIN-NSDL
Audit Work by A Qualified
Tax Professional
Audit Report shared
with Client
Necessary Corrections
with TIN-NSDL
Re-Audit and
Assessment
Final Report and
Data submitted
to the Client
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8. 1. TAN Account Credentials
2. Original PRN Copy for each quarter
3. Excel Data used for Filing for each quarter
Data Required
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9. Our Other Solutions for
Corporates/SME’s & SMB’s
 Payroll Processing
 Q-ETDS Filing and Compliance
 Statutory Compliance – PF/PT/ESI
 Comprehensive Tax Management
 Digitalization Solutions
Solutions for Individuals
 Filing of Income Tax Returns
 Tax Refund Assistance
 Legal Tax Consultation
 Family Tax Management
 TIN-FC Services
 Tax Planning & Advisory
 Financial Planning
www.taxbingo.com www.relativity.co.in
Reach Us
Bangalore : 104-C, Oxford House,
Rustam Bagh, Bangalore - 560017
Coimbatore : 18, Padmini Illam,
Marudhamalai Main Road, Vadavalli,
Coimbatore - 641041
Chennai : Door No.3, First Floor, Flat No: 4,
Ananda Leela Apts Grace Avenue,
Selaiyur, Tambaram,
Chennai, Tamil Nadu 600073
Call us 1800-1033-829
Write to us sales@relativity.co.in