TDS Payments

Frequently Asked Questions about TDS payments.

What is Applicability of TDS in case of NRI Payments?
When payment is made to NRI, the TDS rate can be either as per the Income Tax Act or as per DTAA agreement with the country in which NRI Resides. Hence it i...
Wed, 30 Mar, 2022 at 12:23 PM
Is it mandatory to add Challan Details to each Payment/ Deduction?
Challan Details are mandatory in case of Payment/ Deduction where TDS is deducted from the payment. It is important to add challan details to payments while...
Wed, 30 Mar, 2022 at 12:23 PM
Is TDS applicable on each type of payment?
TDS is applicable based on the following: Type of Payment, Type of Payee/ Deductee, Amount of Payment.  For example: In a year if a company make...
Wed, 30 Mar, 2022 at 12:23 PM
What is Deduction Details under the e-TDS Return?
Deduction details are also known as Payment Details. It contains the following details:  Payee/ Deductee Name and PAN, Date of Payment/ Credit,  Nat...
Wed, 30 Mar, 2022 at 12:25 PM
What are the reasons for lower deduction of TDS?
Sometimes it might happen that the payee/ deductee asks you to deduct TDS at a lower rate of TDS or for no-deduction of TDS. In this case, it is the respons...
Wed, 30 Mar, 2022 at 12:25 PM
What is Date of Deduction under e-TDS Return?
Date of deduction is the date on which TDS is deducted by the payer/ deductor while making payment to payee/ deductee. It needs to be mentioned in Payment/ ...
Wed, 30 Mar, 2022 at 12:26 PM
What are the different Nature Of Payments on which TDS is deducted?
TDS is deducted at a specific rate under different TDS Sections. Nature of Payment helps you in determining the correct TDS Section for TDS deduction. Hence...
Wed, 30 Mar, 2022 at 12:26 PM
What is a certificate number while filing e-TDS Return?
A certificate number is a 10 digit alphanumeric value. It is only mandatory if the Reason for Lower/ No deduction of TDS is mentioned. This certificate is i...
Wed, 30 Mar, 2022 at 12:26 PM