TDS (Tax Deducted at Source) is a system introduced by the Income Tax Department where tax is deducted by the payer at the time of making specific payments such as salary, rent, interest, commission, or professional fees. The deducted tax is then deposited with the government on behalf of the payee.
TDS Return Filing is the quarterly statement submitted by a deductor to the Income Tax Department. It contains details of:
Fill out the form below to connect with an expert
TDS (Tax Deducted at Source) is a system introduced by the Income Tax Department where tax is deducted by the payer at the time of making specific payments such as salary, rent, interest, commission, or professional fees. The deducted tax is then deposited with the government on behalf of the payee.
TDS Return Filing is the quarterly statement submitted by a deductor to the Income Tax Department. It contains details of:
Entities or individuals who are required to deduct tax at source under the Income Tax Act must file TDS returns. This includes:
TDS on salaries – Filed by employers
TDS on all payments other than salaries (e.g., contractors, rent, etc.) – Filed by all deductors
TDS on payments to non-resident Indians or foreign companies – Filed by all deductors
TCS (Tax Collected at Source) – Filed by collectors of tax at source
Explore other services that might interest you