Introduction to TDS :

  • To collect tax from source of income
  • The Deductor to deduct tax and remit to the Government
  • The Deductee can claim the credit on the basis of Form 26AS or TDS Certificate
  • TDS to be deposited by 7th of Every month.

  • Non payment/Non deduction of TDS:-

Disallowance Sec 40(a)(i) and 40(a)(ia)

Interest u/s 201(1A)

Penalty u/s 271C Prosecution u/s 276B

Sections under TDS :

The following are the list of sections under which TDS can be deducted:-

TDS Rates

Payment of TDS :

We can Pay TDS in the following 2 methods:-

Following are the Pre-requisites:-

  • Laptop/PC/Cyber Cafe with Internet Connection
  • TAN of the Deductor
  • Amount of TDS Deducted and interest if any
  • Whether Company/Non-company Deductee
  • Section of Deduction
  • Type of Payment
  • Net Banking
  • AY ( Assessment Year )
  • City/State/Pincode 

Electronic Mode (1st way)

Electronic Mode (2nd way)


Physical Mode

Harsh S Khimashiya

harsh@accstra.in

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