TDS RETURNS
We offer clients competent service support for the filing of eTDS. It is submitting TDS through electronic means and has emerged as convenient modes of the collection of tax affected at the source from assessed in India. Here, in events where specified income is generated as per the Income-tax Act, the payer of such income needs to deduct stipulated percentage of such income through Income-tax and pay balance amount to the recipient. This dedicated tax is deducted at source by the payer and is deposited in Government treasury through the means of eTDS. eTDS is deducted from the income of recipient as payment of Income-tax by the recipient at the time of assessment. There are several listed income sources that are subjected to tax deduction at source and is presently also used as instrument to enlarge tax base like -
Salary
Interest/Dividend
Interest on securities
Winnings from lottery
Commission & brokerage
Rent
Fees for professional & technical services
As a form of Advance tax paid to government, E-TDS returns are prepared in form No. 24, 26 or 27 as per Govt. of India Income Tax Act. Under this act, all Government & Corporate deductors/collectors need to file TDS (Income Tax Deducted at Source) returns on electronic media. Here, our expertise lies in providing services in preparation of e-TDS through -
Quarterly returns
Annual filings