Dear Friends,
Need to know how TDS works? and if i want to learn all the workings related to this (Basic of TDS), what have to do? Please help on this.
Thanks & Regards,
Anand Kumar
Anand Kumar (Executive) (59 Points)
05 February 2013Dear Friends,
Need to know how TDS works? and if i want to learn all the workings related to this (Basic of TDS), what have to do? Please help on this.
Thanks & Regards,
Anand Kumar
CA Prashant Gupta
(DGM (F & A))
(14068 Points)
Replied 05 February 2013
you need to read all provision for TDS sec 192 to sec 195
persons responsible for making payment of income covered by the scemene of tax deduction are required to deduct TDS at the prescribed rates. TDS must be deposited within the prescribed time. and then return of TDS must be filled in time
I suggest ready recokner of Dr. singhania will be sufficient