What is TDS_return?when it is applicable?how it is deducted?
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Answer Posted / rajesh
TDS is Tax Deducted at Source. every month on 7th we have
credit deducted TDS amount to central government a/c.
for an eg:- if ur deducting TDS on 31-st July'08
TDS to be remitted on 7th Aug 2008
after that we have to file Quarterly TDS on or before 15th
coming after quarterly month.
eg: April,May & July-we remitted TDS
Quarterly Return Date : 15th July
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