Withholding Tax or TDS is applicable to all companies for various transactions under Income Tax Act.
Assessee needs to deduct a portion of the payments made by them in the usual course of business such as:
- Commission or Brokerage
- Contractor or sub-contractor
- Professional or technical services fee
The amounts deducted from such payments are required to be deposited with the authorities along with periodical returns.
How we may help you?
We have a team of qualified and experienced tax professionals to assist our clients in relation to the following services:
- Payments on which TDS is applicable
- Filling of TDS returns
- Regulatory Compliances
- Tax Planning