TDS (Tax Deducted at Source) is an associate indirect system of deduction of tax in line with the taxation Act, 1961 at the purpose of generation of Income. Tax is deducted by the payer and is dispatched to the government by him on behalf of the recipient.

A TDS Return could be a quarterly statement that must be submitted to the taxation department of India. Submitting TDS Return is necessary if you’re a deductor. It has details of TDS deducted and stored by you.