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what is the procedure for tds?
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Answer / deblina chakraborty
Payer (deductor) deduct the tax at the time of paying the
money to the payee (deductee). After that it is deductor's
responsibilities to issue a specific form (16/16A) to the
deductee & deposited the tax amount in the Govt.treasury
with in a stipulated time.
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