In this video we have discuss provisions of tds certificates given in Income Tax Act, 1961 along with Income Tax Rules, 1962.
A TDS (Tax Deducted at Source) certificate is a document issued by the deductor (the person or entity responsible for deducting tax) to the deductee (the person from whose income tax is deducted) as proof of tax deduction. It serves as evidence that the deductor has deducted tax at the specified rates and deposited it with the relevant tax authorities.
The TDS certificate contains various details, including:
Name and address of the deductor (the person or entity deducting tax)
Name and address of the deductee (the person from whose income tax is deducted)
Permanent Account Number (PAN) of both the deductor and deductee
Unique TDS certificate number
Amount of tax deducted
Nature of payment for which tax is deducted
Date of tax deduction
Date of deposit of the deducted tax with the tax authorities
Details of tax deposited, such as challan number and BSR code
Any other relevant information or disclosures required by tax regulations
TDS certificates are important for the deductee as they provide evidence of tax deducted and can be used for filing income tax returns and claiming tax credits. Different types of TDS certificates are issued depending on the nature of payment and the section of the Income Tax Act under which tax is deducted (e.g., Form 16 for salary income, Form 16A for non-salary payments).
It's important to note that the format and specific details mentioned on a TDS certificate may vary depending on the tax laws and regulations of the country you are referring to.
tds certificate kya hai
tds certificate kya hota hai
tds certificate kaun issue karta hai
tds certificate kon issue karta hai
----------------------------------------------------------------------------------------------------------------------------------------
📲 Download our app All About Taxes : [ Ссылка ]
📲 Join our Telegram Channel : [ Ссылка ]
📲 Follow us on Twitter : [ Ссылка ]
📲 Visit our Website : [ Ссылка ]
📲 Check our Facebook Page : [ Ссылка ]
📲 Follow us on linkedin : [ Ссылка ]
----------------------------------------------------------------------------------------------------------------------------------------
! Like 👌! Share ! Subscribe ! Join 🤝 ! Visit ! Press 🔔
----------------------------------------------------------------------------------------------------------------------------------------
Join our courses – Download from play store ALL ABOUT TAXES. Visit our app for our Courses and webinars or what’s up at +91-9350118496 to Join our Courses:
----------------------------------------------------------------------------------------------------------------------------------------
Check our most popular play list *ALL ABOUT TDS* for TDS Provision Series:
[ Ссылка ]
----------------------------------------------------------------------------------------------------------------------------------------
If you like this video don't forget to hit like button and also share this video with your friends & don't forget to subscribe our youtube channel for more videos like this.
