What is TDS return

The deductor has to deposit TDS with the government and its details need to be filed in the form of a TDS return. A TDS return is filed quarterly. Different types of TDS deductions have to be filed using different TDS return forms for various kinds of TDS deductions.

TDS can be deducted from these kinds of payments:

• Salary
• Interest payment by a bank
• Commission
• Rent
• Consultation fee
• Professional fee

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