TAN
TAN is the ID you need to deduct tax at source. It has 10 digits and one number works for all your business. You need it to file TDS returns.
Income TaxTax Audit
Section 44AB of the Income Tax Act. It needs a Tax Audit in some cases. A chartered accountant signs it. You get a report from them. You send it with your ITR.
Accounting & AuditTCS
TCS is the tax a seller takes from the buyer at the time of sale. It sits under Section 206C of the Income Tax Act. You pay it and file it on time.
Income TaxTDS
TDS means Tax Deducted at Source. The person who pays you holds back part of the tax and sends it to the state. Your salary, rent and fees face it.
Income TaxTDS 24Q vs 26Q vs 27Q
TDS 24Q vs 26Q vs 27Q: you file one form each quarter for each type of tax you deduct. Use 24Q for salary, 26Q for other pay and 27Q for TCS.
Income TaxTerm Insurance
Term insurance is a pure life cover with no savings part. The firm pays your family if you die in the term. If the term ends first, you get nothing.
InsuranceTIS
TIS is the part of the AIS that updates as your TDS and TCS credits come in. It shows what has been filed so far this year. You can check it on the portal.
Income TaxTrademark
A trademark is a mark that tells a buyer where your goods or services come from. It can be a word, a logo, a shape or a shade set. You file it to own it.
Intellectual PropertyTrademark Class
A Trademark Class puts your goods or services in one group. India has 45 such classes in the full list. You pick one class for your brand or logo.
Intellectual Property