This article is for understanding the basic concepts of Tax Deducted at Source (TDS). Here we will try to explain it in non-technical language. Though a most common terminology, the mechanism should be understood for better dealing with and handling the TDS issue.
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Showing posts with label TDS deduction. Show all posts
Showing posts with label TDS deduction. Show all posts
July 10, 2016
April 06, 2016
Form 15G/H : Change in game rules
Tax Deduction of Source is not useful if there is no taxable income. In such case, a person can file form 15G (or 15H in case of senior citizen) and request for lower deduction or zero deduction of Tax. Till October 2015 this process was manual. Now after October 2015 the process of filing Form 15G & 15H is made online. Lets have a look at it.
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