Our Income Tax Payees –The Salaried in particular have a doubt as to why they should file their returns when tax is already deducted in their Salary. We want our salaried friends to be made aware as to why tax returns are filed. In this context, we would like to clarify that TDS deduction and […]
Dear Salaried Tax Payers are you structuring your salary to get maximum relief from tax payable which is being deducted as TDS every month from your salary. To get relief from taxes, you need to do your homework of proper tax planning of your Salary including flexi allowance and other components which are taxable under […]
Our Income Tax Payees – Business & Professionals in particular have a doubt as to why they should file their returns when tax has already been deducted in their Income. We would like our tax paying friends under the above category to be aware of TDS & Tax Returns and why tax returns have to […]
Dear Young Accounting Aspirants, today let us talk on TDS which is also tedious for many of us including Professionals. The full form of TDS is Tax Deducted @ Source. Let us interpret this in more detail. Deducted @ Source means deduction at the time of Transaction; it qualifies as Direct Tax. To make it […]