FAQs on Tax Deducted at Source (TDS)

Chapters / List

1. What is tax deducted at source?

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2. What are the payments covered under the TDS mechanism and the rates for deduction of tax at source?

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3. Is there any minimum amount upto which tax is not deducted?

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4. Can the payee request the payer not to deduct tax at source and to pay the amount without deduction of tax at source?

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5. What are the consequences a deductor would face if he fails to deduct TDS or after deducting the same fails to deposit it to the Government’s account?

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6. Under what circumstances a deductor would not be deemed as an assessee-in-default even after he fails to deduct TDS or after deducting the same fails to deposit it to the Government’s account?

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7. If the payer does not deduct tax at source, will the payee face any adverse consequences by means of action taken by the Income-tax Department?

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8. What are the duties of the person deducting tax at source?

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9. How can I know the quantum of tax deducted from my income by the payer?

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10. At what rate the payer will deduct tax if a taxpayer doesn’t furnish return of income?

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11. What to do if the TDS credit is not reflected in Form 26AS?

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12. At what rate the payer will deduct tax if I do not furnish my Permanent Account Number to him?

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13. However, the provisions of section 206AA shall not apply in the following cases:-

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14. I do not have PAN. Can I furnish Form 15G/15H for non-deduction of TDS from interest?

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15. Would I face any adverse consequences if instead of depositing TDS in the government's account I use it for my personal needs?

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16. I have not received TDS certificate from the deductor. Can I claim TDS in my return of income?

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17. If I buy any land/building then is there any requirement to deduct tax from the sale proceeds to be paid by me to the seller?

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18. What is the difference between PAN and TAN?

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19. FAQs from TDS – Centralized Processing Cell

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20. What is the amount of TDS if property belongs to NRI?

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21. Whether limit of Rs. 50,000 per month under section 194-IB is applicable to each of the co-owners separately in case rent is paid individually to co-owners?

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22. Who is required to file Form 15CA?

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23. When Form 15CA is not required to be furnished?

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24. Whether TCS can be collected on amount inclusive of GST?

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25. How much TDS will be deducted in case of payment of Remuneration to company's director?

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26. What is the procedure of filing Form 15CA?

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27. What is the procedure of filing Form 15CB?

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28. Whether TDS required to be deducted on payment made to Government?

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