International Journal of Engineering and Management Research (IJEMR)

  • Year: 2017
  • Volume: 7
  • Issue: 5

Role of Tax Deduction at Source (TDS) in Direct Tax Collection

  • Author:
  • S.S. Murugan1, S. Sekar2
  • Total Page Count: 3
  • DOI:
  • Page Number: 95 to 97

1Research scholar, Bharathidasan University, Trichirapalli, India

2Principal, Meenakshi Ramasamy Arts and Science College, Thathanur, Ariyalur, India

Abstract

Nearly 41% of Direct taxes are collected through TDS mechanism in every year by assesses(Deductors) on behalf of Govt. of India. The cost of collection to Govt. for such Taxes is only nearly 10% of Total cost of collection.

Keywords

Advance tax, Tax under Self assessment, Tax under Regular assessment and Tax Deducted at Source