Tax Deducted at Source (TDS)
Tax deducted at source(TDS) means whenever any person making payment or Booking expenses then such payer has to deduct tax on such payment as provided in the finance act and deposit such amount with the Government crediting that tax amount to the payees TAN.
Such deducted amount must be credited to the account of Government on or before 7th of the following month except for March month, For March month the due date is 31st March of the same financial year. Moreover every payer has to file TDS return on quarterly basis with the authority.
Our Direct tax Expert can help you to calculate your TDS and Comply with it properly.