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what is TDS
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Answer / arnab bhattacharya
Full form of TDS is Tax Deducted at Source.
It is an indirect tax and deducted from the source where
the payment is made. i.e. For salary TDS is deducted by the
Employer & also deposited by the Employer for the Employee.
| Is This Answer Correct ? | 21 Yes | 6 No |
TDS means Tax Deducted at Source. It is the amount withheld
from payments of various kinds such as salary, contract
payment, commission etc. This withheld amount can be
adjusted against your tax due.
| Is This Answer Correct ? | 5 Yes | 1 No |
Answer / rajeshwar
tax deducted by the service receiver on service provider at
the time of payment or book entry which ever is earlier
| Is This Answer Correct ? | 3 Yes | 2 No |
Answer / nagendra chary
tDS means Tax Deducted at Source. It is the amount withheld
from payments of various kinds such as salary, contract
payment, commission etc. This withheld amount can be
adjusted against your tax due.
| Is This Answer Correct ? | 0 Yes | 0 No |
Answer / sandeep kumar sharma
Tax Deductiet Source,
It is in Indirect Tax
| Is This Answer Correct ? | 3 Yes | 8 No |
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I am getting a salary of 50000 Rs Net salary. After showing my rent bills and children school bills, still I am being deducted a TDS amount of 2000. Is there any chance of even avoiding this amount to be deducted by investing in any insurance. Please give me a suggestion.
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I want to know the liability of tax agaisnt 'C' Form if i am not able to produce the form in front of authority.
8 Answers ABB, Join Leader Chemtech,
sir, i have charged labour charges with material bill to x party for Rs.211000/- plz explain me how much TDS amount will deducte by party..
IF WE PURCHASE MATERIAL FROM OUTSIDE STATE FOR RS 100000 (INCLUDING CST) AGAINST C FORM. AND AFTER ONE MONTH WE ISSUED DEBIT NOTE FOR RS. 30,000 /- TO A SELLER. NOW WHAT AMOUNT WE FILL IN THE C FORM AT THE TIME OF ISSUE, 1,00,000 /- OR 70,000 /-
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