Bookkeeping, TDS, EPF & Payroll Compliance in Hyderabad 

Most businesses in Hyderabad have an accountant who records transactions, but recording transactions is only the beginning. What actually protects a business from notices, penalties, and regulatory action is how those transactions are classified, whether the right statutory ledgers are maintained, and whether every compliance payment is made correctly and on time. At Obaid Khan & Associates, our accounting work is built around regulatory requirements first, so your books are not just tidy, they are audit-ready and compliance-proof. 

Most accountants maintain basic income and expense ledgers. What they frequently miss are the statutory ledgers that regulators actually look at, and whose absence creates serious problems during audits, GST scrutiny, or EPF inspections. We ensure your books are structured around these critical ledgers from day one. 

Statutory ledgers we maintain and monitor:

• GST output liability ledger — sales-wise, rate-wise, correctly classified between taxable, exempt, and nil-rated

• GST input tax credit ledger — reconciled monthly with GSTR-2B to ensure only eligible ITC is claimed

• TDS payable ledger — party-wise, section-wise, with challan payment tracking

• EPF contribution ledger — employer and employee share, month-wise with ECR reconciliation

• ESI contribution ledger — with monthly challan verification

• Professional Tax payable ledger — Telangana PT rates, employee-wise deduction tracking

• Salary payable ledger — net salary after all statutory deductions correctly reflected

• Advance tax and self-assessment tax ledger

A ledger without a paid challan is a liability waiting to become a notice. We track every statutory payment due date and ensure challans are paid on time and not just recorded. Our compliance calendar covers every payment your business is responsible for, every month. 

Monthly compliance payments we handle:

• TDS challan payment by 7th of every month — salary TDS (Section 192), contractor TDS (194C), professional fees TDS (194J), rent TDS (194I), and all other applicable sections

• EPF ECR filing and challan payment by 15th of every month

• ESI challan payment by 15th of every month

• Professional Tax challan payment — monthly or annual as applicable in Telangana

• GST liability payment with GSTR-3B filing by due date

• Advance tax payment by quarterly due dates

TDS deducted but not filed in returns is as bad as TDS not deducted at all - it shows up as a mismatch in your vendors' and employees' Form 26AS and triggers notices for both parties. We file quarterly TDS returns for all applicable sections, reconcile challan payments with return data, and issue Form 16 and Form 16A on time. 

Our TDS compliance services include:

• Form 24Q — quarterly TDS return for salary payments

• Form 26Q — quarterly TDS return for non-salary payments including contractors, professionals, and rent

• Form 27Q — TDS return for payments to NRIs

• Form 16 — annual TDS certificate for employees

• Form 16A — quarterly TDS certificate for vendors and professionals

• Correction statements for past returns with errors

• Lower deduction certificate applications under Section 197

GST return filing is not just uploading numbers, it requires verifying that the sales data entered in your accounting software matches exactly with your actual invoices and with the GSTR-1 data your customers will use to claim ITC. A mismatch here causes notices to your customers and damages your business relationships. We cross-check sales entries, verify HSN/SAC classification, match purchase data with GSTR-2B, and ensure ITC claims are fully eligible before filing. 

The most frequent problem we encounter when we take over accounting from a previous accountant is incorrect ledger classification, expenses that should be under specific TDS-applicable heads are clubbed together, making it impossible to determine what TDS should have been deducted. This creates retrospective TDS liability with interest when discovered during assessment. We restructure the chart of accounts correctly from the first month of engagement. 

A second common problem is EPF and ESI challans being paid but not reconciled with the ECR filing. Payments and filings must match exactly, discrepancies lead to demand notices from EPFO and ESIC that can take months to resolve. We reconcile every challan with every filing, every month, with no exceptions. 

Looking for a CA firm for regulatory accounting, TDS compliance, EPF, ESI, and payroll filing in Hyderabad? WhatsApp us to discuss your requirements, our engagement is structured based on your transaction volume and compliance needs. Call us directly at +91 9160091660 for urgent matters. We treat every new enquiry with the same seriousness we give our existing clients.