Learn how to File TDS Returns Online with Live Practical Examples.
TDS stands for (Tax Deducted at Source). It comes under the Income Tax Certification course. TDS is the quantity of tax this is deducted through the agency or deductor of an assessee and is deposited to the Income Tax Department on behalf of that person.
Thus, TDS is taken into consideration as a way of lowering tax evasion. Tax is deducted normally over a number of 1% to 10%.
TDS Return is a quarterly statement to receive from the I-T department. It is obligatory for deductors to publish a TDS to go back on time. The information required to record TDS returns is TDS returns may be filed via way of means of employers or enterprises who avail of a legitimate Tax Collection and Deduction Account Number (TAN).
The aim behind the deduction of tax at source is to carry more people into the net of income tax. Tax Deduction at Source (TDS) has turned into a fundamental component in the estimation of Income Tax of Business Organisations. Each Finance Person needs to learn TDS Compliance to deal with the Taxation System of the substance as an undeniable organization or business houses won't recruit a different reviewer. Consequently, it is fundamental to get the total information on TDS to take development invocation and furthermore to secure ourselves in this aggressive market.
Also you should know all about Filing ITR online, Join itr filing course and learn how to file ITR from the professional experts at Academy Tax4wealth.
Procedure to Upload TDS Statement, the steps are as below:
-User should hold a valid TAN
-The user should be registered in e-Filing
-The statement should be prepared using the Return Preparation Utility (RPU)
-Validated using the File Validation Utility (FVU)
Then there are detailed procedures involved in filing it with Tax Department
Step 1: Visit the official site of Income Tax Department E-filing.
Step 2: Once logged in to the portal, click on the menu of ‘TDS’. From the drop-down menu of TDS, pick out ‘Upload TDS’. The portal will redirect to a brand-new web page (Form).
Step 3: Fill up the form on the brand-new web page and pick out all of the info requested through the portal. After deciding on all of the info, click on ‘Validate’.
Step 4: Then, add the zip record of the TDS statement and click on the ‘E-verify’ option.
Step 5: Once the TDS statement is confirmed and validated, submit the form. After successfully filling the form, a message may be displayed on the screen, and an affirmation mail may also be despatched to the registered email ID.
click here to know: How to File TDS Return Online?
This is the one of the best online income tax course which is established in a self-paced getting to know style. Each and each idea are damaged down as numerous micro-lectures after which they're substantiated with examples and case studies. Real international examples are used in this course via case studies.
a) What is TDS?
b) Tax provisions & norms associated with TDS
c) Consequences of not deducting TDS
d) Consequences of deducting however no longer remitting TDS
e) Consequences of not submitting TDS Returns
f) How to report TDS return to the use of LIVE Cases.
✅ TDS Return filing Process
✅ TDS Filing
✅ Traces Registration
✅ TDS return filing by Income Tax Site
✅ Form 16A and another request process in the Traces side and Corrections of Return Offline and Online.
✅ Summarized Coverage of Large Topics
✅ Live & Recorded Sessions
✅ 8 PPT with Details can be downloaded
✅ 180 days access to recorded videos
✅ Compatible with Mobile, Laptop, and TV
✅ Sessions on Telegram as well
✅ Certificate after Completion
✅Video on demand
Nisha Upadhyay is a professional with extensive and rich experience in Taxation, Direct, and Indirect Taxes, and Management Teaching with practical examples. She is well versed in the accounting and finance industry over the years. Her immense experience over the years acquired proficiency in Indirect Tax Laws and in the Implementation of an effective accounting and control procedure.
She has completed her Master's in MBA Finance and LLB. She has also worked as a registration advocate. This implies that she assists clients in the process of registering for various tax-related matters. As an advocate, she provides legal guidance and representation to clients, ensuring that they comply with relevant laws and regulations.Book an Appointment