TDS/TCS statements are furnished on Quarterly basis, Now, quarterly statements pertaining to Financial Year 2007-08 onwards are accepted as per the guidelines of Income Tax Department. ITD has notified revised file formats for preparation of TDS (i.e. Tax Deducted at source) and TCS (i.e. Tax collected at source) statements . Deductors/collectors are required to prepare e-TDS/TCS statements as...

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