What can happen if you fail to deduct taxes at Source (T.D.S) June 26, 2010 No Comments
What can happen if you fail to deduct taxes at Source (T.D.S)The Revenue authorities have asked most of us to deduct taxes at source on certain payments at specified rates and remit into government revenue. If you happen to make any of these payments, you are expected to:
Apply for a TAN
Deduct tax at prescribed rates
Remit [...]




