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Tax deduction at source. Tax deduction at source (TDS) is an Indian withholding tax that is a means of collecting tax on income, dividends, or asset sales by requiring the payer (or legal intermediary) to deduct tax due before paying the balance to the payee (and the tax to the revenue authority). Under the Indian Income Tax Act of 1961, income ...
The Income Tax Department (also referred to as IT Department; abbreviated as ITD) is a government agency undertaking direct tax collection of the government of India. It functions under the Department of Revenue of the Ministry of Finance. [5] The Income Tax Department is headed by the apex body Central Board of Direct Taxes (CBDT).
Tax Deduction and Collection Account Number. In India, a Tax Deduction and Collection Account Number (TAN) is a 10 digit alpha-numeric number issued by the Income Tax Department to the persons who are required to deduct or collect tax on payments made by them under the Indian Income Tax Act, 1961. [1]
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The Indian Army is the land-based branch and largest component of the Indian Armed Forces. The President of India is the Supreme Commander of the Indian Army, [ 3 ] and its professional head is the Chief of Army Staff (COAS). The Indian Army was established on 1 April 1895 alongside the long established presidency armies of the East India ...
Income tax return (India) Income Tax Department. Income tax return is the form in which assesses file information about his/her income and tax thereon to Income Tax Department. Various forms are ITR 1, ITR 2, ITR 3, ITR 4, ITR 5, ITR 6 and ITR 7. When you file a belated return, you are not allowed to carry forward certain losses.
As of 2003, there are markets in over 90 countries where films from India are screened. [3] During the first decade of the 21st century, there was a steady rise in the ticket price, a tripling in the number of theatres and an increase in the number of prints of a film being released, which led to a large increase in the box office collections. [4]
Atishi (aged 43) is the also the youngest incumbent chief minister [2], while Kerala 's Pinarayi Vijayan (aged 79) is the oldest. Nitish Kumar of Bihar has served for the most terms (nine). [a][3] Thirteen incumbents belong to the Bharatiya Janata Party, three to the Indian National Congress, and two to the Aam Aadmi Party.