Compliance And Effectiveness Of Tax Deduction At Source (Tds) Mechanism In India: A Scrutiny Assessment
Academic Leadership - Online Journal,
Vol. 21 No. 6 (2020): Vol-21-Issue-6-June-2020
The provisions of Tax Deducted at Source (TDS) were introduced with the objectives to reduce tax evasion, to maximize tax collection by minimizing the collection cost & to make sure that government get collection of tax revenue throughout the year. In India, around 39% of total income tax revenue is collected through TDS mechanism. Therefore, TDS mechanism of India calls for a critical examination. This article will critically analyse the functioning of “Tax Deducted at Source mechanism” in India & to judge the extent to which these objectives are achieved. The present study is an analytical study and based on secondary data covering 19 years i.e. from 2002 to 2019.
Download CitationEndnote/Zotero/Mendeley (RIS)