TDS Course Online – TDS on Payments to Indian Resident

TDS Course Online – TDS on Payments to Indian Resident

TDS Course by CA Arinjay Jain is a detailed online course recorded in January 2023.  Tax Deducted at Source,  is one of the most commonly dealt with aspects of Income Tax in India, and our course has various topics relating to the deduction of TDS by payors to Indian residents.  Our online course includes an in-depth analysis of TDS regulations, TDS rates under various Sections, TDS return filing, issuance of TDS certificates, TDS penalties, and more. This Course is one of its kind, with comprehensive study material supplemented with case studies and examples that will help the learner in practical applications of  TDS law. For instance, see this video on TDS on catering services – Section 194C of the Income Tax Act 1961. Further, if you have any queries you can write to us on contact@sortingtax.com

This course covers the following aspects of TDS: –

What is TDS?

TDS or Tax Deducted at Source, is a direct tax that is collected by the person making payment to the recipient, for the benefit of the Government. The deductor deposits the TDS at various rates and deposits it with the Government on behalf of the recipient. The Course covers when a deductor must deduct TDS, deposit it with the Government, and provide credit to the recipient upon filing a TDS return.

Why do we need to deduct TDS?

• Tax compliance: To avoid penalties and fines for non-compliance, individuals and organizations should  understand TDS rules and regulations
• Filing TDS returns: TDS law understanding helps in the accurate filing of TDS returns.
• Payment of right tax  – Knowledge of TDS helps ascertain payment of additional amount as taxes to meet tax liabilities or claim refund,  in case of excess deduction of TDS
• Tax liability: Understanding TDS helps in determining the tax liability of an individual or organization and in ensuring that the correct amount of tax is paid.

Purpose of Online Course relating to the Deduction of TDS

The purpose of this course is to provide a comprehensive understanding of the Indian TDS system. The aim of the course is to help individuals and organizations understand the rules, regulations, and procedures related to TDS. This shall help them plan their compliances and tax liabilities accordingly.

The Course covers the following topics :