E-TDS (Electronic Tax Deducted at Source) returns are statements submitted to the Indian Income Tax Department that report the TDS (Tax Deducted at Source) made on behalf of taxpayers. The purpose of E-TDS returns is to ensure the correct deduction and deposit of TDS, which is a way for the Indian government to collect taxes from the income earned by individuals and companies.
E-TDS returns are usually filed quarterly or annually, depending on the amount of TDS that has been deducted, and are typically submitted by employers, banks, and other entities that are responsible for deducting TDS from the payments made to individuals and companies.
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