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Who should do a TDS File return, a dedutor or deductee?

4 Answers

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TDS, collecting of income tax.

It is a type of direct tax deduction by a person making payments.

A person making the payments after charging TDS is called the Deductor

while a person receiving payment is called Deductee.

The Deductor is responsible for deducting TDS.

TDS is in line with "pay as you earn" scheme known as Withholding Tax.
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TDS is an Indirect method of collecting Income Tax.

It is beneficial for both Taxpayers and Government as it works on the concept of "Pay as you earn".  TDS is a concept where a person making any payments of specified nature is liable to deduct tax at source at a prescribed rate and deposit the same with the government. This ensures continuous revenue for the government and lessens the taxpayers' burden. 
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The person receiving payments after tax are entitled to the tax credit of the amount so deducted. This tax credit can be claimed on the basis of form 16A which is issued by the deductor or form 26AS.
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The deductor is responsible for filing a TDS return. A TDS return is a form that is used to report the tax deducted at source (TDS) to the Income Tax Department. The deductor must file the return each quarter, which includes details of all the tax deduction made during that period. The deductor must also issue TDS certificates to the deductees.
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Tax deductions are expenses that you can subtract from your taxable income, which can lower the amount of taxes you owe. Some common sources of tax deductions include:

Charitable contributions: Donations to qualifying charities and non-profit organizations can be tax-deductible.

Homeownership: Mortgage interest, property taxes, and certain home improvement expenses can be deducted.

Medical expenses: Some medical expenses that exceed a certain percentage of your income can be deducted.

Education expenses: Certain education expenses, such as tuition and student loan interest, may be tax-deductible.

Retirement contributions: Contributions to retirement accounts such as 401(k)s or IRAs may be deductible.

Business expenses: If you own a business, you can deduct expenses related to running your business, such as office supplies, travel expenses, and rent.

State and local taxes: State and local income taxes, property taxes, and sales taxes may be deductible.

It's important to note that not all expenses are tax-deductible, and the rules around tax deductions can be complex. It's a good idea to consult with a tax professional or use tax preparation software to ensure you are claiming all the deductions you are eligible for
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