T.D.S
Tax Deducted at Source
Applicable to specific incomes, Deduction thresholds, Deposited monthly, Annual filing
Depends on the employee's income and applicable tax slab
TDS deductors must file quarterly TDS returns
TDS details can be checked in Form 26AS or the Annual Information Statement (AIS) on the Income Tax e-filing portal.
Agar TDS zyada deduct ho gaya hai, to taxpayer apne Income Tax Return (ITR) file karke refund claim kar sakta hai.
