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what is tds ?
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Answer / tarakesh92
TDS MEANS TAX DEDUCTABULE AT SOURCE. IT IS CHARGED ON BASE AMOUNT
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the amount of tds is remain same shall will be deducted by deductor or deductee
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Our Company dedduct TDS on the collection charge and claim (rate diff claim, scheme claim, collection charge means , if any party take material directly form our store our company give them frieght charge and deduct tds@10.30%). my question in what category of this type of TDS decution ? is it payment to contractor or what ?
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