Tag Archives: #TaxPenalty

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 »

When ITR file?

ITR file The filing of Income Tax Returns (ITR) typically starts after the end of the financial year. For individuals, the due date for ITR file is usually 31st July of the assessment year. However, the exact dates may vary depending on the specific assessment year and any extensions or changes announced by the tax… Read More »

Why TDS certificate required?

TDS Certificate Required TDS certificate required, TDS (Tax Deducted at Source) certificates are vital for providing conclusive proof of tax deduction at the source and play a critical role in enabling various procedures associated with income tax compliance.   The following are key reasons highlighting the importance of TDS certificates: Proof of Tax Deduction: TDS certificates… Read More »