From 1 April 2026 TDS runs on the Income-tax Act 2025, with payment codes replacing the 194-series sections. Finance OS keeps TDS party by party and prepares deposits, quarterly statements and certificates from the books.
TDS, party by party
- Deductions recorded against each party, with the new payment codes.
- Challans and deposits matched to the deductions they cover.
- Quarterly statements and certificates prepared here and filed by you.
- Property and rent TDS, and TCS collections, in their own views.
Compliance calendar
The compliance calendar shows TDS, GST, ROC, payroll and FEMA due dates for every entity, so what is due does not depend on anyone's memory.
Related free tools: TDS code finder, TDS calculator, TDS interest and late fee, and the article on TDS payment codes under the 2025 Act.
Common questions
Does it pay TDS or file TDS returns?
No. Deposits, statements and certificates are prepared and checked here; you pay and file on the official portals.
Does it use the Income-tax Act 2025 payment codes?
Yes. TDS is recorded with the new payment codes that replaced the 194-series sections from 1 April 2026.