What is TDS return filing?

01/02/2019 Financial & Legal Services

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TDS return filing is mandatory for deductor, taxpayer, employer. TDS stands for tax deducted at source. Tax Deducted at Source (TDS) is a mean of collecting income tax in India, under the Indian Income Tax Act of 1961. A TDS Return filing is a quarterly statement which has to be submitted to the income tax department. TDS Return contains details of TDS deducted and deposited by the deductor.

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