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Tax deduction at source (TDS) has come into existence with the motive of collecting tax from different sources of income. As per this concept, a person (Payer) who is responsible to make payment of specified nature to any other person (Payee) shall deduct tax at source before making payment to such person (Payee) and remit the same into the account of the Central Government.
In India, a Tax Deduction and Collection Account Number (TAN) is a 10 digit alpha-numeric number issued by the Income Tax Department to the persons who are required to deduct or collect tax on payments made by them under the Indian Income Tax Act, 1961.
Income Tax Department. Income tax return is the form in which assesses file information about his/her income and tax thereon to Income Tax Department.Various forms are ITR 1, ITR 2, ITR 3, ITR 4, ITR 5, ITR 6 and ITR 7.
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OTTAWA (Reuters) -Canadian Prime Minister Justin Trudeau, who is mulling his future amid a major political crisis, has the full support of his cabinet to stay on, new Finance Minister Dominic ...
Each serving of these Mediterranean diet lunch recipes has at least 15 grams of protein to help promote muscle growth, support immune health and more.
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The suspect in the New Orleans attack that killed 14 people on New Year's Day is believed to have acted alone in a "premeditated and evil act," the FBI has said. The latest information is counter ...