TDS (Tax Deducted at Source) is a source of tax collection for the Government of India. When a company or a person makes a payment, TDS is deducted, if the payment exceeds threshold limits. Then, this deducted amount is deposited to the Income Tax Department. Usually, tax deductions are made within a range of 1 % - 10 %
Online TDS return is a statement given to the IT department every quarter. Every deductor needs to deposit income tax and file for TDS return on time. Vakilsearch assists and guides you on online TDS return in 3 easy steps:
Vakilsearch experts will collect all the required information from you
Your return will be prepared and intimated to you
Finally, it will be filed.
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