TDS and TCS under GST came into effect from 1st October 2018. TDS refers to the tax which is deducted when the buyer of goods or services, such as government
Any entity or individual under the GST Act required to deduct tax deducted at source (TDS) Any foreign entities running a business in India or individuals registered outside India are liable to pay tax in India due to their business operation. If you are a GST-registered business, you are ...
rent receipts along with any other documents.Once the proof is submitted the employer computes tax based on the actual investments made and TDS is adjusted accordingly