Our Income Tax Payees \u2013 Business & Professionals\nin particular have a doubt as to why they should file their returns when tax has\nalready been deducted in their Income. We\nwould like our tax paying friends under the above category to be aware of TDS\n& Tax Returns and why tax returns have to be filed. In this context, we would like to clarify\nthat TDS deduction and Income Tax Return filing are both different. TDS is what is deducted on the payments made\nas applicable, further there may be taxes on their additional income like\ninterest, rent etc. This results in\neither further payment of Tax or excess tax being refunded.<\/p>\n\n\n\n
Accordingly, either tax has to be paid or refund has\nto be claimed as the case may be. For\nthe same, the tax payer has to file income tax return with relevant proof and\nclaim TDS refund or pay tax as applicable.<\/p>\n\n\n\n
Here we would like to highlight the fact that more\nthan 90% of TDS remains unclaimed with Income Tax, Govt of India as the\ntaxpayers are not filing the required returns. They are not aware that it is their right to\nclaim the tax refund.<\/p>\n\n\n\n
Dear Tax Payers Be Alert, Plan your Taxes, File your Returns on time, Have your Refund credited to your Bank Account which is your Due.<\/p>\n\n\n\n
Share & Review us at:<\/strong> Our Income Tax Payees \u2013 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 […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3],"tags":[102,100],"class_list":["post-307","post","type-post","status-publish","format-standard","hentry","category-accounts","tag-business-entrepreneurs","tag-total-solutions"],"_links":{"self":[{"href":"https:\/\/total-sols.com\/blog\/wp-json\/wp\/v2\/posts\/307","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/total-sols.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/total-sols.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/total-sols.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/total-sols.com\/blog\/wp-json\/wp\/v2\/comments?post=307"}],"version-history":[{"count":2,"href":"https:\/\/total-sols.com\/blog\/wp-json\/wp\/v2\/posts\/307\/revisions"}],"predecessor-version":[{"id":365,"href":"https:\/\/total-sols.com\/blog\/wp-json\/wp\/v2\/posts\/307\/revisions\/365"}],"wp:attachment":[{"href":"https:\/\/total-sols.com\/blog\/wp-json\/wp\/v2\/media?parent=307"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/total-sols.com\/blog\/wp-json\/wp\/v2\/categories?post=307"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/total-sols.com\/blog\/wp-json\/wp\/v2\/tags?post=307"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}
Facebook : https:\/\/www.facebook.com\/totalsols<\/a>
Linkedin:https:\/\/www.linkedin.com\/in\/a-subramani\/<\/a>
Instagram: https:\/\/instagram.com\/totalsols123?igshid=vhhhy4ozhh2q<\/a>
Youtube Channels : https:\/\/rb.gy\/q43drq<\/a> \/ https:\/\/bit.ly\/3ol827x<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"