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.
A blog for taxation, finance, and legal aspects of individuals, business, corporate organizations, charitable organizations etc.
Showing posts with label What is TDS. Show all posts
Showing posts with label What is TDS. Show all posts
July 10, 2016
January 06, 2016
TDS Mechanism and Claiming TDS Refund
We all know that TDS is deducted if the payment made is made towards salaries, professional fees, interest, rent, brokerage, commissions etc. This article explains what happens after the TDS deduction is made. How the Tax is received by Government, how the tax credit is given and so on.
Subscribe to:
Posts (Atom)