TDS Return Filing Online, or Tax Deducted at Source (TDS) is a mechanism employed by the government to collect taxes directly from the income source, akin to a small portion of tax being withheld before receiving payment. This approach aids the Income Tax Department in the efficient gathering of taxes, and adherence to TDS regulations is imperative for individuals and businesses in India to ensure compliance with tax rules.
The Income Tax Department checks TDS returns to ensure taxes are deducted and sent to the government correctly, matching what's reported in recipients' tax returns. All entities and individuals following TDS rules must file these returns every three months.