FURNISH PAN WHEN TDS DEDUCTED The importance of PAN card has been increasing with time. Importance of PAN card is never understood by a common person. This article shall provide a depth into the importance of PAN card and its advantage in TDS. WHAT IS PAN CARD? PERMANENT ACCOUNT NUMBER:” It is a unique 10 digit [...]
TDS TDS, short for Tax deductible at source, is a way of indirect tax collection by the government according to Indian tax act, 1961. It is adjusted against the total tax liability of an assessee a percentage of the overall payment is withheld by the source that is making the payments. The source is then [...]
Tax Deducted at Source What is TDS? TDS stand for Tax Deducted at source is a way the government collects tax from individuals, where the person making a payment is responsible to collect part of the payment as TDS (prescribed rate) and pay the money to government on behalf of the person earning the money. [...]
