How to file TDS Return online: Step-by-step guide
How to file TDS Return online: Step-by-step guide
Check here the step-by-step guide to file TDS return online.
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Tax Deducted at Source (TDS) is income tax deducted from the money paid at the time of making specified payments such as rent, commission, professional fees, salary, interest, etc. by the persons making such payments.
TDS on salary is a tax deducted by the employer at the time of paying the salary to the employee. Your money is deducted and deposited on your behalf to the government by the employer.
The concept of TDS was introduced with an aim to collect tax from the very source of income. As per this concept, a person (deductor) who is liable to make payment of specified nature to any other person (deductee) shall deduct tax at source and remit the same into the account of the Central Government.