{"id":758,"date":"2022-09-23T12:59:10","date_gmt":"2022-09-23T12:59:10","guid":{"rendered":"https:\/\/isschennai.com\/?page_id=758"},"modified":"2022-09-30T08:48:43","modified_gmt":"2022-09-30T08:48:43","slug":"tds","status":"publish","type":"page","link":"https:\/\/isschennai.com\/index.php\/tds\/","title":{"rendered":"TDS"},"content":{"rendered":"<style>\/*! elementor - v3.7.7 - 20-09-2022 *\/\n.elementor-heading-title{padding:0;margin:0;line-height:1}.elementor-widget-heading .elementor-heading-title[class*=elementor-size-]>a{color:inherit;font-size:inherit;line-height:inherit}.elementor-widget-heading .elementor-heading-title.elementor-size-small{font-size:15px}.elementor-widget-heading .elementor-heading-title.elementor-size-medium{font-size:19px}.elementor-widget-heading .elementor-heading-title.elementor-size-large{font-size:29px}.elementor-widget-heading .elementor-heading-title.elementor-size-xl{font-size:39px}.elementor-widget-heading .elementor-heading-title.elementor-size-xxl{font-size:59px}<\/style>\n<h2>TDS<\/h2>\n<h3>TDS (tax deducted at Source)<\/h3>\n<style>\/*! elementor - v3.7.7 - 20-09-2022 *\/\n.elementor-widget-divider{--divider-border-style:none;--divider-border-width:1px;--divider-color:#2c2c2c;--divider-icon-size:20px;--divider-element-spacing:10px;--divider-pattern-height:24px;--divider-pattern-size:20px;--divider-pattern-url:none;--divider-pattern-repeat:repeat-x}.elementor-widget-divider .elementor-divider{display:-webkit-box;display:-ms-flexbox;display:flex}.elementor-widget-divider .elementor-divider__text{font-size:15px;line-height:1;max-width:95%}.elementor-widget-divider .elementor-divider__element{margin:0 var(--divider-element-spacing);-ms-flex-negative:0;flex-shrink:0}.elementor-widget-divider .elementor-icon{font-size:var(--divider-icon-size)}.elementor-widget-divider .elementor-divider-separator{display:-webkit-box;display:-ms-flexbox;display:flex;margin:0;direction:ltr}.elementor-widget-divider--view-line_icon .elementor-divider-separator,.elementor-widget-divider--view-line_text .elementor-divider-separator{-webkit-box-align:center;-ms-flex-align:center;align-items:center}.elementor-widget-divider--view-line_icon .elementor-divider-separator:after,.elementor-widget-divider--view-line_icon .elementor-divider-separator:before,.elementor-widget-divider--view-line_text .elementor-divider-separator:after,.elementor-widget-divider--view-line_text .elementor-divider-separator:before{display:block;content:\"\";border-bottom:0;-webkit-box-flex:1;-ms-flex-positive:1;flex-grow:1;border-top:var(--divider-border-width) var(--divider-border-style) var(--divider-color)}.elementor-widget-divider--element-align-left .elementor-divider .elementor-divider-separator>.elementor-divider__svg:first-of-type{-webkit-box-flex:0;-ms-flex-positive:0;flex-grow:0;-ms-flex-negative:100;flex-shrink:100}.elementor-widget-divider--element-align-left .elementor-divider-separator:before{content:none}.elementor-widget-divider--element-align-left .elementor-divider__element{margin-left:0}.elementor-widget-divider--element-align-right .elementor-divider .elementor-divider-separator>.elementor-divider__svg:last-of-type{-webkit-box-flex:0;-ms-flex-positive:0;flex-grow:0;-ms-flex-negative:100;flex-shrink:100}.elementor-widget-divider--element-align-right .elementor-divider-separator:after{content:none}.elementor-widget-divider--element-align-right .elementor-divider__element{margin-right:0}.elementor-widget-divider:not(.elementor-widget-divider--view-line_text):not(.elementor-widget-divider--view-line_icon) .elementor-divider-separator{border-top:var(--divider-border-width) var(--divider-border-style) var(--divider-color)}.elementor-widget-divider--separator-type-pattern{--divider-border-style:none}.elementor-widget-divider--separator-type-pattern.elementor-widget-divider--view-line .elementor-divider-separator,.elementor-widget-divider--separator-type-pattern:not(.elementor-widget-divider--view-line) .elementor-divider-separator:after,.elementor-widget-divider--separator-type-pattern:not(.elementor-widget-divider--view-line) .elementor-divider-separator:before,.elementor-widget-divider--separator-type-pattern:not([class*=elementor-widget-divider--view]) .elementor-divider-separator{width:100%;min-height:var(--divider-pattern-height);-webkit-mask-size:var(--divider-pattern-size) 100%;mask-size:var(--divider-pattern-size) 100%;-webkit-mask-repeat:var(--divider-pattern-repeat);mask-repeat:var(--divider-pattern-repeat);background-color:var(--divider-color);-webkit-mask-image:var(--divider-pattern-url);mask-image:var(--divider-pattern-url)}.elementor-widget-divider--no-spacing{--divider-pattern-size:auto}.elementor-widget-divider--bg-round{--divider-pattern-repeat:round}.rtl .elementor-widget-divider .elementor-divider__text{direction:rtl}.e-container>.elementor-widget-divider{width:var(--container-widget-width,100%);--flex-grow:var(--container-widget-flex-grow,0)}<\/style>\n<p>ax deducted at source or TDS is the tax that is collected by the Government of India at the time when a transaction takes place. Here, in this case, the tax is to be deducted at the time the money is credited to the payee&#8217;s account or at the time of payment whichever happens earlier.<\/p>\n<p>In this case of salary payment or the life insurance policy, the tax is deducted at the time when the payment is done. The deductor is required to deposit this amount with the Income Tax Department. Through TDS a portion of the tax is paid directly to the Income Tax Department. The Tax is deducted usually over a range of 10%.<\/p>\n<h3>Eligibility Criteria<\/h3>\n<h4>Who can file TDS returns?<\/h4>\n<p>TDS return filing is done by organizations or employers who have availed a valid tax collection and deduction number (TAN). Any person who is making specified payments mentioned under the Income Tax Act is required to deduct the taxes at the sources and they are needed to deposit the tax within the stipulated time for making the following payments.<\/p>\n<ul>\n<li>Salary Payment<\/li>\n<li>Income on securities<\/li>\n<li>Income by winning the lotteries, puzzles, and others.<\/li>\n<li>Income from winning horseraces<\/li>\n<li>Insurance commissions.<\/li>\n<li>Payment concerning the National saving scheme and many others.<\/li>\n<\/ul>\n<h4>Indian Statutory Services<\/h4>\n<p>\t\tA team of Committed, Qualified and Experienced finance professionals to empower your business model to succeed.\t\t<\/p>\n<h4>Quick Links<\/h4>\n<link rel=\"stylesheet\" href=\"https:\/\/isschennai.com\/wp-content\/plugins\/elementor\/assets\/css\/widget-icon-list.min.css\">\n<ul>\n<li>\n\t\t\t\t\t\t\t\t\t\t\t<a href=\"https:\/\/isschennai.com\/index.php\/taxation\/\"><br \/>\n\t\t\t\t\t\t\t\t\t\tTaxation<br \/>\n\t\t\t\t\t\t\t\t\t\t\t<\/a>\n\t\t\t\t\t\t\t\t\t<\/li>\n<li>\n\t\t\t\t\t\t\t\t\t\t\t<a href=\"https:\/\/isschennai.com\/index.php\/gst\/\"><br \/>\n\t\t\t\t\t\t\t\t\t\tGST<br \/>\n\t\t\t\t\t\t\t\t\t\t\t<\/a>\n\t\t\t\t\t\t\t\t\t<\/li>\n<li>\n\t\t\t\t\t\t\t\t\t\t\t<a href=\"https:\/\/isschennai.com\/index.php\/income-tax\/\"><br \/>\n\t\t\t\t\t\t\t\t\t\tIncome Tax<br \/>\n\t\t\t\t\t\t\t\t\t\t\t<\/a>\n\t\t\t\t\t\t\t\t\t<\/li>\n<li>\n\t\t\t\t\t\t\t\t\t\t\t<a href=\"https:\/\/isschennai.com\/index.php\/professional-tax\/\"><br \/>\n\t\t\t\t\t\t\t\t\t\tProfessional Tax<br \/>\n\t\t\t\t\t\t\t\t\t\t\t<\/a>\n\t\t\t\t\t\t\t\t\t<\/li>\n<li>\n\t\t\t\t\t\t\t\t\t\t\t<a href=\"https:\/\/isschennai.com\/index.php\/labour-law-compliance\/\"><br \/>\n\t\t\t\t\t\t\t\t\t\tLabour Law Compliances<br \/>\n\t\t\t\t\t\t\t\t\t\t\t<\/a>\n\t\t\t\t\t\t\t\t\t<\/li>\n<li>\n\t\t\t\t\t\t\t\t\t\t\t<a href=\"https:\/\/isschennai.com\/index.php\/esi\/\"><br \/>\n\t\t\t\t\t\t\t\t\t\tESI<br \/>\n\t\t\t\t\t\t\t\t\t\t\t<\/a>\n\t\t\t\t\t\t\t\t\t<\/li>\n<li>\n\t\t\t\t\t\t\t\t\t\t\t<a href=\"https:\/\/isschennai.com\/index.php\/epf\/\"><br \/>\n\t\t\t\t\t\t\t\t\t\tEPF<br \/>\n\t\t\t\t\t\t\t\t\t\t\t<\/a>\n\t\t\t\t\t\t\t\t\t<\/li>\n<li>\n\t\t\t\t\t\t\t\t\t\t\t<a href=\"https:\/\/isschennai.com\/index.php\/contract-labour-act\/\"><br \/>\n\t\t\t\t\t\t\t\t\t\tContract Labour Act<br \/>\n\t\t\t\t\t\t\t\t\t\t\t<\/a>\n\t\t\t\t\t\t\t\t\t<\/li>\n<li>\n\t\t\t\t\t\t\t\t\t\t\t<a href=\"https:\/\/isschennai.com\/index.php\/shop-establishment-act\/\"><br \/>\n\t\t\t\t\t\t\t\t\t\tShop &#038; Establishment Act<br \/>\n\t\t\t\t\t\t\t\t\t\t\t<\/a>\n\t\t\t\t\t\t\t\t\t<\/li>\n<\/ul>\n<ul>\n<li>\n\t\t\t\t\t\t\t\t\t\t\t<a href=\"https:\/\/isschennai.com\/index.php\/factories-act\/\"><br \/>\n\t\t\t\t\t\t\t\t\t\tFactories Act<br \/>\n\t\t\t\t\t\t\t\t\t\t\t<\/a>\n\t\t\t\t\t\t\t\t\t<\/li>\n<li>\n\t\t\t\t\t\t\t\t\t\t\t<a href=\"https:\/\/isschennai.com\/index.php\/labour-welfare-fund\/\"><br \/>\n\t\t\t\t\t\t\t\t\t\tLabour Welfare Fund<br \/>\n\t\t\t\t\t\t\t\t\t\t\t<\/a>\n\t\t\t\t\t\t\t\t\t<\/li>\n<li>\n\t\t\t\t\t\t\t\t\t\t\t<a href=\"https:\/\/isschennai.com\/index.php\/legal-services\/\"><br \/>\n\t\t\t\t\t\t\t\t\t\tLegal Services<br \/>\n\t\t\t\t\t\t\t\t\t\t\t<\/a>\n\t\t\t\t\t\t\t\t\t<\/li>\n<li>\n\t\t\t\t\t\t\t\t\t\t\t<a href=\"https:\/\/isschennai.com\/index.php\/drafting\/\"><br \/>\n\t\t\t\t\t\t\t\t\t\tDrafting<br \/>\n\t\t\t\t\t\t\t\t\t\t\t<\/a>\n\t\t\t\t\t\t\t\t\t<\/li>\n<li>\n\t\t\t\t\t\t\t\t\t\t\t<a href=\"https:\/\/isschennai.com\/index.php\/registrations\/\"><br \/>\n\t\t\t\t\t\t\t\t\t\tRegistrations<br \/>\n\t\t\t\t\t\t\t\t\t\t\t<\/a>\n\t\t\t\t\t\t\t\t\t<\/li>\n<li>\n\t\t\t\t\t\t\t\t\t\t\t<a href=\"https:\/\/isschennai.com\/index.php\/accounting\/\"><br \/>\n\t\t\t\t\t\t\t\t\t\tAccounting<br \/>\n\t\t\t\t\t\t\t\t\t\t\t<\/a>\n\t\t\t\t\t\t\t\t\t<\/li>\n<li>\n\t\t\t\t\t\t\t\t\t\t\t<a href=\"https:\/\/isschennai.com\/index.php\/tally-accounting\/\"><br \/>\n\t\t\t\t\t\t\t\t\t\tTally Accounts<br \/>\n\t\t\t\t\t\t\t\t\t\t\t<\/a>\n\t\t\t\t\t\t\t\t\t<\/li>\n<li>\n\t\t\t\t\t\t\t\t\t\t\t<a href=\"https:\/\/isschennai.com\/index.php\/tds\/\"><br \/>\n\t\t\t\t\t\t\t\t\t\tTDS<br \/>\n\t\t\t\t\t\t\t\t\t\t\t<\/a>\n\t\t\t\t\t\t\t\t\t<\/li>\n<li>\n\t\t\t\t\t\t\t\t\t\t\t<a href=\"https:\/\/isschennai.com\/index.php\/payroll\/\"><br \/>\n\t\t\t\t\t\t\t\t\t\tPayroll<br \/>\n\t\t\t\t\t\t\t\t\t\t\t<\/a>\n\t\t\t\t\t\t\t\t\t<\/li>\n<\/ul>\n<h4>Contact Us<\/h4>\n<h6>\n\t\t\t\t\tIndian Statutory Services<br \/>\n\t\t\t<\/h6>\n<p>Tax and Labour Law, Audit &amp; Legal Services<\/p>\n<p>\t\t\t\t\t\t\t1\/217, TNHB 1st Block, Mugappair West,<br \/>Chennai-600037<\/p>\n<p>044-26535795<\/p>\n<p>+91 9840075284<\/p>\n<p>iss901@gmail.com<\/p>\n<p><strong>Copyright \u00a9 Indian Statutory Services<\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>TDS TDS (tax deducted at Source) ax deducted at source or TDS is the tax that is collected by the Government of India at the time when a transaction takes place. Here, in this case, the tax is to be deducted at the time the money is credited to the payee&#8217;s account or at the &hellip;<\/p>\n<p class=\"read-more\"> <a class=\"\" href=\"https:\/\/isschennai.com\/index.php\/tds\/\"> <span class=\"screen-reader-text\">TDS<\/span> Read More &raquo;<\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"parent":0,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":{"site-sidebar-layout":"no-sidebar","site-content-layout":"page-builder","ast-global-header-display":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"disabled","ast-breadcrumbs-content":"","ast-featured-img":"disabled","footer-sml-layout":"","theme-transparent-header-meta":"","adv-header-id-meta":null,"stick-header-meta":null,"header-above-stick-meta":null,"header-main-stick-meta":null,"header-below-stick-meta":null,"footnotes":""},"_links":{"self":[{"href":"https:\/\/isschennai.com\/index.php\/wp-json\/wp\/v2\/pages\/758"}],"collection":[{"href":"https:\/\/isschennai.com\/index.php\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/isschennai.com\/index.php\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/isschennai.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/isschennai.com\/index.php\/wp-json\/wp\/v2\/comments?post=758"}],"version-history":[{"count":35,"href":"https:\/\/isschennai.com\/index.php\/wp-json\/wp\/v2\/pages\/758\/revisions"}],"predecessor-version":[{"id":1995,"href":"https:\/\/isschennai.com\/index.php\/wp-json\/wp\/v2\/pages\/758\/revisions\/1995"}],"wp:attachment":[{"href":"https:\/\/isschennai.com\/index.php\/wp-json\/wp\/v2\/media?parent=758"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}