TDS is Tax Deducted at Source is a means of collecting income tax. It is money deducted from payment mades above certain limit and transferred to the tax authority by the employers/business owners. MAXX enables its users to fill the details and automatically calculates the tax payable to the Income Tax Department. It calculates the TDS automatically and allows the user to take print forms for Quarterly / Annual Returns as per the requirements. A deductor is required to issue a TDS certificate to the deductee within a specified time. The deductee should produce the details of this certificate, during the assessment of tax, to adjust the amount of TDS against the tax owed. The deductee has to issue the TDS certificate within one month of the next financial year. So many clients across the globe are using MAXX and feel empowered for their business. It’s your time now.
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Send a mail – sales@mbsonline.in
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