Tag Archives: #TaxComplianceSolutions

How should a Contractual Service Provider track income from their services?

Accounting for contractual service provider A Contractual Service Provider should implement a systematic approach to track their income from services to ensure accurate financial records and tax compliance. Here’s a step-by-step guide on how to effectively track income: Create a Dedicated Bank Account: Open a separate bank account for your business income and expenses. This… Read More »

TDS Return compliance?

TDS Return compliance Compliance with TDS (Tax Deducted at Source) return filing is crucial for businesses or individuals who have deducted TDS and are required to report and remit the deducted amounts to the tax authorities. The specific compliance requirements may vary depending on the country and its tax laws. Here are some common aspects… Read More »