Guys
I got this message from SBI
Dear customer, to receive tds certificates through email: kindly update your email id with the branch.
What is this tds certificates and where do i have to use it?
CA Naveen Chand
(Chartered Accountant)
(12729 Points)
Replied 10 May 2018
Every person deducting tax at source is required as per Section 203 to furnish acertificate to the payee to the effect that tax has been deducted along with certain other particulars. This certificate is usually called the TDS certificate.
An annual tax credit statement is generated by the income tax department for a person subjected to TDS(deductee) in Form 26AS. The statement provides details such as name of the deductee, PAN of deductee, details of deductor, the TDS amount, the amount of TDS deposited with the Government by the deductor etc.
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