TDS RETURN

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ABOUT TDS RETURN

TDS is that collective tax in some percentage of a transaction which took place by the government of India. It involves payments such as salary, fees, rent, interest etc. Any person who got income is liable to pay income tax. Government deducts the tax in advance before the payment being made. Taxes will be deducted according the rates given in the relative provision of the Act.

BENEFITS

  • It ensures the flow of collection of taxes
  • Helps in determine the regular income of government
  • It manages the burden of tax payment by rolling out the entire process over the months so that it can be easier for the taxpayer.
  • Payer can do tax payment very easily by TDS.

DOCUMENTS REQUIRED

  • PAN Linked with Aadhar Card
  • Your Income Tax Returns to the Government
  • TDS Certificate
  • Bank Statement and Others