Income Tax Act of 1961 mandates tax deduction at source from the payment for various services to residents and non-residents. An individual making payment for a specific service to a resident person and an individual making any payment to a non-resident person must deduct tax at the rate specified for various services. This deducted tax needs to be deposited with the government within the specified due date, and an ETDS return is required to be filed. E TDS return needs to be error-free within the due dates to avoid any hassles to the deductees. The deductees will not be able to claim credit for such deducted tax in case of non-reflecting of such TDS in their PAN account.
We at MKDA provide services for filing E-TDS returns in a timely and error-free manner.
Let us help you get your year started right with a fresh set of eyes on your books.