It is the responsibility of the deductor of tax at source to remit the necessary TDS payments. In this article, we will discuss the concept of TDS payment. Here is the list of the authorized banks for TDS payment: Allahabad Bank Andhra Bank Axis Bank Bank of Baroda Bank of India Bank of Maharashtra Canara Bank Central [...]
Tax Deducted at Source (TDS) TDS or Tax Deducted at Source is basically a method of collection of taxes at the source of income.
What is TDS? TDS or Tax Deducted at Source is a method of collection of tax at the source of the income. The rules regulating the way in which tax deducted at source is levied and calculated in India has been specified in the Income Tax Act, 1961. The concept of this tax goes as follows: Anyone [...]