What are the consequences if TCS/TDS is not declared by the employees?

Created by Product Content Team, Modified on Fri, 20 Dec at 1:46 PM by Product Content Team


The TCS/TDS Declaration allows employees to declare details of Tax Collected at Source (TCS) and Tax Deducted at Source (TDS).

If employees do not declare TCS/TDS, they pay more tax than necessary. The taxes already deducted or collected at the source are not adjusted against their final liability.



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Video - To watch the POI submission video, click here.

FAQs - To read more FAQs about the TCS/TDS Declaration, click here.

Documentation - To read more about TCS/TDS Declarationclick here.

Product Update - To read about the product update, click here.



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