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What is TDS_return?when it is applicable?how it is deducted?
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Answer / rajesh
TDS is Tax Deducted at Source. every month on 7th we have
credit deducted TDS amount to central government a/c.
for an eg:- if ur deducting TDS on 31-st July'08
TDS to be remitted on 7th Aug 2008
after that we have to file Quarterly TDS on or before 15th
coming after quarterly month.
eg: April,May & July-we remitted TDS
Quarterly Return Date : 15th July
| Is This Answer Correct ? | 18 Yes | 1 No |
Answer / shireesh kumar
TDS is Tax Deducted at Source. TDS pay every Quarterly paid
to central government. TDS 15.45% of Rent
Payment of Rent of Land, Building or Furniture
TDS is deductible if payment is in excess of Rs. 1,20,000/-
per annum
| Is This Answer Correct ? | 2 Yes | 3 No |
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