Tag Archives: #TaxSeasonDeadline

How to prepare TDS?

Prepare TDS    To prepare TDS (Tax Deducted at Source), you can follow these general steps: Determine Applicability: Identify the transactions and payments on which TDS is applicable as per the provisions of the Income Tax Act, 1961 and related regulations. Consider the nature of the payment and the threshold limits for TDS applicability. Obtain… Read More »

When should we file ITR (Income Tax Returns)?

Income Tax Returns

When should we file ITR (Income Tax Returns) Income Tax Returns (ITR) should be filed by individuals and businesses within the specified due dates set by the tax authorities. The due date for filing Income Tax Returns varies depending on the type of taxpayer and their source of income. Here are some general guidelines: To… Read More »