TDS Compliance Meaning TDS compliance meaning entails adhering to the regulations outlined in the Income Tax Act, 1961, pertaining to Tax Deducted at Source (TDS).. It involves the proper deduction, deposit, and reporting of TDS by the deductor (the person responsible for making specified payments) to the tax authorities. TDS compliance encompasses several aspects, including:… Read More »
GST compliance for ecommerce GST compliance for ecommerce, Ensuring GST compliance is vital for e-commerce businesses in India to adhere to the regulations set by the Goods and Services Tax (GST) system. Here are key points to consider for Gst compliance for ecommerce GST Registration E-commerce operators are require to obtain GST registration, regardless of… Read More »
TDS entry in accountancy To make a TDS (Tax Deducted at Source) entry in accountancy, you would typically follow these steps: Create a ledger account for TDS under the head of duties and taxes. Enter the transaction in the journal voucher with the appropriate debit and credit accounts. To Visit: https://www.incometax.gov.in For example, if the… Read More »