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I'm an NRI and don't know much about income tax rules in India. I need tax help. What is TDS?


I'm an NRI and don't know much about income tax rules in India. I need tax help. What is TDS?

Income tax rules in india are quite stringent and strict.
I will advice you to take the consultation of a good CA
By the way TDS is the Tax Deducted at Source.
This is the amount the person whose is paying you any income is actually responsible to deduct and pay to the income tax authority. if you have a PAN No. it shall be credited ti your name
You can claim it if your tax for the year is less than the TDS deducted.
Also if you have any tax liability you can claim the benefit of the TDS already deducted from your income. Source(s): CA
Tax Deducted at Source
visit http://incometaxindia.gov.in/ .
or
counsult an chartered accountant. or tax counsultant. see tht your not cheated .
TDS MEANS TAX DEDUCTED AT SOURCES/ .THE COMPANY FOR WHICH YOU WORK WILL PAY TAXES FOR YOU AND YOU JUST HAVE TO FILE YOUR RETURN. WHEN YOU GET ANY INCOME APART FROM YOUR SALARY.


PAY YOUR TAXES HONESTLY AND HOLD YOUR HEADS HIGH



LET US CONTRIBUTE FOR OUR GROWING ECONOMY.
TDS is the name given to "Withholding Taxes" in India.

Indian rules are little bit complicated in regard to Non resident taxation. Even a special ward is there at New Delhi for Non-resident assessees.

Suggest you to hire services of Chartered Accountant or some good Tax Consultant in India.


CA. Deepak Bholusaria
Chartered Accountant
Income Tax is deducted from its source..
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