Tax Deducted at Source

Tax Deducted at Source Filings
Starting at INR 499 onwards



Tax Deducted at Source

Tax Deducted at Source (TDS) is a tax mechanism introduced by Income Tax Department, where a payer responsible for the payments such as salary, commission, professional fees, interest, rent, etc. is liable to deduct a certain percentage of tax before making payment in full to the receiver of the payment. As the name suggests, TDS is a Tax that is deducted from its source. Tax Deducted at Source or TDS is a measure initiated by The Government of India in order to collect indirect Taxes, as per the Income Tax Act, 1961. TDS that comes under IRS (Indian Revenue Service) is directly managed by CBDT (The Central Board of Direct taxes).The primary motive behind collecting TDS is to keep the revenue source s