Online tds payment

TDS or Tax Deduction at Source is a system where tax or TDS gets deducted and TDS payments happens online. The tax deduction is at the time of making some payments like rent, interest, commission etc. The person making such specified payments is responsible for deducting the TDS and making TDS payment and paying the balance amount to the person entitled to receive such payment. The complete list of such specified payments along with the rate of TDS to be deducted can be accessed in The TDS amount deducted must be deposited to the government within the due dates specified by the person deducting the TDS. The procedure to make TDS payment online is: How to Make TDS Payment Step 1: Go to Step 3: In this page the following details have to be entered TDS payment online challan 281 TDS payment online challan 281 1. Under ‘Tax Applicable’ select ‘Company Deductees’ if the TDS deducted by you is while making payment to a company. In any other case select ‘Non-Compay Deductees’. 2. Enter the TAN and Assessment Year for which the payment is made. 3. Enter the ‘Pin Code’ and select ‘State’ from the drop down. 4. Select whether the payment is made for TDS deducted and payable by you or TDS on regular assessment. 5. Select the ‘Nature of Payment’ and ‘Mode of Payment’ from the drop-down. 6. Click on ‘Submit’ button. Step 7: On successful payment, a challan counterfoil will be displayed containing CIN, payment details and bank name through which e-payment has been madeThis counterfoil i...