TDS Return Filing
TDS return filing in Visakhapatnam is the practice of reducing the tax evasion and the spillage by the TDS payment at predefined rates.
How to do TDS return filing in Visakhapatnam?
The step-by-step procedure to file TDS returns in Visakhapatnam:
A TDS Certificate is furnished to the deductee by the deductor after deducting the TDS. The TDS certificate needs to be preserved by the deductee. The TDS certificate on payments other than salaries is issued every quarter and the TDS certificate for the salary is provided on an annual basis. If the deductee loses possession of the certificate he can request a duplicate TDS Certificate.
The TDS credit can be claimed by the deductor to claim the credit of the TDS the deductee has to mention the details of the TDS in the income returns. Please quote the correct numbers in case the numbers provided by the deductee are wrong there will be a discrepancy with the tax credit of processing the TDS returns.