TDS Return filing A Comprehensive Review
08/08/2024 Financial & Legal Services
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Description
The deductor is in charge of filing the TDS return with the Income Tax (IT) department in addition to remitting the tax. The TDS return filing is a quarterly report that offers a summary of every transaction done during that quarter that is relevant to TDS. It typically contains details on the TDS amounts that were gathered and deposited with the IT division. A TDS return contains other Information such as PAN Card [both deductor and deductee], TDS remitted with the government, Information about the TDS challan used to pay taxes, and other additional details. Following the successful filing of the TDS returns, the data appears on Form 26AS.
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Nikita Patel
Individual
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