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Tax Deduction at Source

Tax Deduction at Source. Tax deducted at source. Module Objectives. After completing this module, you will understand: Applicability of Tax deduction at source Application for TDS registration Generation & Submission/Filing of GSTR-7 Amendments of GSTR-7 Payment of taxes.

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Tax Deduction at Source

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  1. Tax Deduction at Source

  2. Tax deducted at source Module Objectives After completing this module, you will understand: • Applicability of Tax deduction at source • Application for TDS registration • Generation & Submission/Filing of GSTR-7 • Amendments of GSTR-7 • Payment of taxes

  3. Applicability of Tax deduction at source

  4. Tax deducted at source • Applicability of Tax deduction at source

  5. Applicability of Tax deduction at source-Notified Persons Refer Notification No.33/2017-CGST • Following persons are notified as per the notification:- • an authority or a board or any other body, - • set up by an Act of Parliament or a State Legislature; or • established by any Government, • with fifty-one percent or more participation by way of equity or control, to carry out any function; • society established by the Central Government or the State Government or a Local Authority under the Societies Registration Act, 1860 (21 of 1860); • public sector undertakings

  6. Refer Notification No.50/2018-CGST • Following persons are notified as per the notification:- • an authority or a board or any other body, - • set up by an Act of Parliament or a State Legislature; or • established by any Government, • with fifty-one percent or more participation by way of equity or control, to carry out any function; • society established by the Central Government or the State Government or a Local Authority under the Societies Registration Act, 1860 (21 of 1860); • public sector undertakings

  7. Not applicable for TDS • Invoice raised prior to 1st October 2018 • Value of Supply of Goods or Supply that are less than 2.5 Lkhs • Value of Goods and Supplies which are exempt • Mix Invoice of taxable and exempted goods and services, where the value of the taxable goods or services is less then 2.5 lakhs • Where the location of the supplier and place of supply is in a State(s)/UT(s) which is different from the State / UT where the deductor is registered.

  8. Tax deducted at source • Applicability of Tax deduction at source

  9. Tax deducted at source • Applicability of Tax deduction at source

  10. Application for TDS registration

  11. Tax deducted at source • Registration requirement Irrespective of turnover of Supply persons who are required to deduct tax under section 51, whether or not separately registered under this Act

  12. Tax deducted at source • Registration requirement

  13. Tax Deducted at Source • Registration requirement

  14. Tax Deducted at Source • Registration requirement

  15. Tax Deducted at Source • Registration requirement

  16. Tax Deducted at Source • Registration requirement

  17. Tax Deducted at Source • Registration requirement

  18. Tax Deducted at Source • Registration requirement

  19. Tax Deducted at Source • Registration requirement

  20. Tax Deducted at Source • Registration requirement

  21. Tax Deducted at Source • Registration requirement

  22. Tax Deducted at Source • Registration requirement

  23. Tax Deducted at Source • Registration requirement

  24. Tax Deducted at Source • Registration requirement

  25. Tax Deducted at Source • Registration requirement

  26. Tax Deducted at Source • Registration requirement

  27. Tax Deducted at Source • Registration requirement

  28. Tax Deducted at Source • Registration requirement

  29. Tax Deducted at Source • Registration requirement

  30. Generation & Filing of GSTR-7 along with Payment of taxes & Amendments

  31. Tax Deducted at Source • Tax deduction at source-Return GSTR-07

  32. Tax Deducted at Source • Tax deduction at source-Return GSTR-07

  33. Tax Deducted at Source • Tax deduction at source-Return GSTR-07

  34. Tax Deducted at Source • Tax deduction at source-Return GSTR-07

  35. Tax Deducted at Source • Tax deduction at source-Return GSTR-07

  36. Tax Deducted at Source • Tax deduction at source-Return GSTR-07

  37. Tax Deducted at Source • Tax deduction at source-Return GSTR-07

  38. Tax Deducted at Source • Returns

  39. Tax Deducted at Source • Returns

  40. Tax Deducted at Source • Returns

  41. Tax Deducted at Source • Returns

  42. Tax Deducted at Source • Returns

  43. Tax Deducted at Source • Returns

  44. Tax Deducted at Source • Returns

  45. Tax Deducted at Source • Returns

  46. Tax Deducted at Source • Returns

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  49. Tax Deducted at Source • Returns

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