Interested to Buy Any Domain ? << Click Here >> for more details...
What is TDS ?
- 2 Answers
- 5253 Views
- I also Faced
- E-Mail Answers
Answers were Sorted based on User's Feedback
Answer / jayadevvarma
TDS is Tax Deduction at Source
Assessee pays tax in the assessment year on the income
earned in previous year . Due to this rule the tax
collection is delayed till the completion of the previous
year . Even some times people conceal their income and the
tax is mot paid at all . In order to overcome these
problems, government started deducting some amount of tax
from the amount . Whichis receivable by the assessee .The
amount of tax so deduvted is called as "Tax Deducted at
Source".
It is one of the methoding of Collecting Tax.
| Is This Answer Correct ? | 13 Yes | 1 No |
Answer / rabindra mallick
TDS means "Tax deducted at Source"
It is part of income tax deducted by deductor on behalf of an assessee at a periodical basis & deposit the same on Govt account at timely basis.
It reduces the ultimate tax burden of an assessee.
| Is This Answer Correct ? | 2 Yes | 0 No |
What do you mean by Capital Asset?
V R MAKING COMMERCIAL CUM EXCISE INVOICE,THEN HOW INVOICE NUMBER CAN BE GIVEN COMBINDLY OF TAX INVOICE/RETAIL INVOICE AND EXCISE INVOICE.
how to compute service tax?
what is the difference b/w deferred tax exp and defeered tax liab? should Deffered Tax expense be deducted b4 computing Net profit?
WHAT IS THE LIMIT ABOVE WHICH WE CAN DEDUCT THE TDS ON VARIOUS CATEGORY LIKE PRIFESSION, CONTRACTOR, INTEREST, RENT, SALARY ETC.
Procedure for of c-form lost
2 Answers Philips, Silver Line Floors,
hi how much deducted tds on intrest,rent,contract, subcontract, what is the new rat of tds?
Entry Tax paid for Car purchased Rs.800000 and this amount may adjust to VAt payable. Noted that we are filing vat return on the compound basis.
Would like to know all the situations under which a "C" Form is issued?
i have a question that if i need to deduct wct on contract but the supplier don't have the vat registration what shoul be done?
what is defered revenue tax
HOW TO CALCULATE THE PF WAGES% ON GROSS WAGES ? HOW TO CALCULATE THE HRA % ON GROSS WAGES? HOW TO CALCULATE WASHING ALLOWENCE AND OTHER ALLOWENCES % ON GROSS WAGES?
Audit 
