GJEPC in collaboration with the Income Tax Department, Jaipur, successfully conducted an outreach program focused on “Understanding the Basics of Tax Deducted at Source (TDS) Provisions”. The event was attended by 25 participants from both Special Economic Zones (SEZs) and Domestic Tariff Areas (DTAs).
The program featured a comprehensive presentation by CA Anoop Bhatia, who delved into key aspects of TDS. These included: basics of TDS; applicability of TDS across payments and threshold limits; compliance process: deduction, deposit, and filing timelines; key amendments in TDS provisions and their impact; penalties for non-compliance and methods for resolution; and practical challenges and best practices in TDS compliance.
Income Tax officials were present at the event to address any queries raised by the participants. The program also witnessed the presence of Shri Budhiprakash, Joint Commissioner, SEZ Customs, and Shri Pankaj Sharma, Assistant Development Commissioner, Jaipur SEZ.
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