What is the TDS section, TDS payment due date, GST working

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TDS section, payment due date, and GST working are important aspects of tax compliance.

TDS section refers to the section of the Income Tax Act that deals with Tax Deducted at Source.
TDS payment due date is the date by which TDS deducted from payments made to employees or contractors must be deposited with the government.
GST working refers to the process of calculating and reporting Goods and Services Tax (GST) liabilities.
For example, TDS section 194C deals with TDS on payments made to contractors, while the due date for TDS payment is typically the 7th of the following month.
GST working involves calculating the GST liability on sales and purchases, claiming input tax credits, and filing GST returns.

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