Topic
TDS
What tax deducted at source is, who deducts it, and how it flows from a bill to the government and the payee.
Articles
TDS, explained.
TDS Section 393 of Income Tax Act 2025: TDS Rates and Old-to-New Section Mapping Section 393 of the Income Tax Act 2025 is the single TDS section for non-salary payments from 1 April 2026, replacing 193, 194 to 194T and 195. OneFinOps Editorial 4 min
TDS What is TDS? Meaning, Rates and How It Works TDS (tax deducted at source) is income tax the payer deducts from a payment such as salary, fees, rent or interest and deposits with the government. OneFinOps Editorial 3 min
TDS Section 194Q: TDS on Purchase of Goods Under the New Act Section 194Q is now 393(1) Sl. No. 8(ii), code 1031: a buyer with turnover above ₹10 crore deducts 0.1% on purchases above ₹50 lakh from a seller. OneFinOps Editorial 2 min
TDS Lower TDS Certificate: Form 128 (Earlier Form 13) and How to Apply A lower TDS certificate lets your payer deduct at a lower or nil rate. From 1 April 2026 you apply in Form 128 (earlier Form 13) under section 395(1). OneFinOps Editorial 3 min
TDS TDS Rate Chart FY 2026-27 (Income Tax Act 2025) TDS rates for FY 2026-27: contractors 1% or 2%, professional fees 10%, rent 2% or 10%, goods 0.1%, with thresholds, section 393 rows and payment codes. OneFinOps Editorial 3 min
TDS TDS Due Dates FY 2026-27: Payment and Return Filing TDS for FY 2026-27 is deposited by the 7th of the next month (30 April for March). Quarterly returns are due 31 July, 31 October, 31 January and 31 May. OneFinOps Editorial 3 min
TDS TDS Return Filing: Forms 24Q, 26Q, 27Q and Due Dates TDS return filing is the quarterly statement of every deduction. From 2026-27, Forms 24Q, 26Q, 27Q and 27EQ become Forms 138, 140, 144 and 143. OneFinOps Editorial 3 min Glossary
The terms you will meet.
Income Tax Act 2025 Income Tax Act, 1961 The primary legislation governing the levy, assessment, and collection of income tax in India. Also called Income Tax Act 1961, IT Act, the old Income Tax Act Vendor onboarding PAN (Permanent Account Number) A unique 10-character alphanumeric identifier issued by the Income Tax Department of India to every taxpayer. Also called PAN card, PAN number TDS TAN (Tax Deduction Account Number) A unique 10-digit alphanumeric number required by all persons responsible for deducting or collecting tax at source. Also called TAN number, deductor account number TDS TDS (Tax Deducted at Source) A system where the payer deducts income tax at prescribed rates before paying the payee, and deposits it with the government on the payee's behalf. Also called withholding tax, tax deduction at source, tax withheld at source
See it in the product
TDS, in the product.
Tax & ComplianceTDS SoftwareSection + rate + threshold at the line. PAN verified live with CBDT. Quarterly returns drafted. Form 16/16A bulk-generated and DSC-signed.Financial OperationsAccounts PayableBill capture, line-item TDS, GSTR-2B nightly recon, MSME 45-day rule, approval workflows and vendor payment automation.TDS SoftwareTDS Auto-DeductionSection, rate, threshold and PAN-based logic applied at the line item. Vendor PAN verified live.TDS SoftwareVendor TDS TrackingPer-vendor cumulative TDS, threshold breach alerts, 194Q vs 206C(1H) decisioning at the bill.Accounts PayableLine-Item TDSTDS section, rate and threshold applied per bill line. PAN verified live with CBDT.ApplicationTax and ComplianceTax workflows, statutory compliance and regulatory requirements.DomainFinancial ManagementAccounting, Accounts Payable, Accounts Receivable, Banking and Cash, Tax and Compliance, Financial Reporting
