TDS or Tax Deduction at Source simplifies the procedure of deducting tax on behalf of the government. Business entities that make payments regarding salaries, excessive rents, etc. are responsible for TDS, and they have to remit the said amount to the Central Government. It is mandatory for such entities to have a TAN. TDS Return Filing is the next step, which is to be done on a quarterly basis.
Procedure for filing TDS Returns (2-3 Days)