what do you mean by tds
Answers were Sorted based on User's Feedback
Answer / madhukarnimbalkar
tds is revenue of any state government which is deducted
from parties who is liable as per income tax SUCH AS PAYMENT
OF CONTRACT & SUB-CONTRACT @ OF 2% AND LEGAL N PROFESSIONAL
SERVICE @ OF 10% ETC. the meanig of tds is TAX DEDUCTION AT
SOURCE
Is This Answer Correct ? | 3 Yes | 1 No |
Define bills receivable?
Equipment A has a cost of Rs.75,000 and net cash flow of Rs.20000 per year for six years. A substitute equipment B would cost Rs.50,000 and generate net cash flow of Rs.14,000 per year for six years. The required rate of return of both equipments is 11 per cent. Calculate the IRR and NPV for the equipments. Which equipment should be accepted and why?
If A is Employee of the co. his salary is 100000 per month. tds is 20000 Rs. Professional tax is 200. then please tell me how to enter in Journal & payment vouchers in tally
As there is a two types of rates of depreciation i.e as per Income tax Act & As per Company Law.But, in accounting process which of these rates should be taken ?
What is goods and what is assets for an organization.if the organization is an educational institute
Tell me in accounting, how do you define premises?
what is entry in the book in march and april for salary which is paid in april for march month?
13 Answers Infosys, Maya Buildcon,
Explain me the term material facts in accounting?
What is the below line item and above line item and where this terminology is used?
what is accrual basis of accounting?explain in detail?
5 Answers Deloitte, Northern Trust,
Any income which is earned in the financial year(2009-10) but received in the assessment year(2010-11) wil be taxable or not?
What is the difference between the service organisation and trading organisation