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Legal TalksIndia
Glossary · Indian business compliance

What is TDS?

(Tax Deducted at Source)

In plain English

Tax you must cut from salary, rent, contractor and professional payments and deposit with the government, with quarterly returns.

Why it matters

Late deposit attracts interest; late returns attract ₹200/day fees.

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Related terms

Terms that appear alongside TDS in real filings.

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