TDS is basically a part of income tax. It has to be deducted by a person for certain payments made by them.
Understanding the provisions and section of TDS for applicability to any business transaction by the accountant is important.
Form 24Q | TDS on Salary |
Form 26Q | TDS on all payments except salaries |
Form 27Q | TDS on all payments made to non-residents except salaries |
Form 26QB | TDS on sale of property |
Form 26QC | TDS on rent |
We took initiative to teach those sections and provisions along with practical examples.