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What is TDS
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Answer / srinivas
TDS Means Tax Deducted at source.In this emoployee tax
will pay employer after taht employer pay the salary to his
employee so it means after deduction of tax employer pay
the salary to employee.
| Is This Answer Correct ? | 140 Yes | 99 No |
Answer / r.k.das
TDS (Tax deducted at source) as it is popularly known as is
the process in which the payer makes reduced payment to the
receiver of money. The amount that was so reduced is the
TDS. The rate of deduction is contained in the Schedule III
of the Finance Act issued by the Government of India.
| Is This Answer Correct ? | 65 Yes | 28 No |
Answer / gani ali raza
Tds means tax deducted at source. It is the amount deducted
by person who incurred expense.Income receiver will get net
income. while filing his return he should submit hid tds
certificate that he had got income after deduction of tds
tds stands for tax deducted at sorce... it is the tax that
an assessee has to pay at the time of earning an income..
it is different from tax paid at the time or filing return
since it is paid in the previous year itself
| Is This Answer Correct ? | 58 Yes | 23 No |
Answer / sansar
TDS refers to Tax Deducted At Source.It is the tax
generally deducted at the source from where the income is
generated, by the Principa/Employer who is responsible for
making the payment.It doesn`t relieve the Employee/Person
receving such income from tax payment on such
income.However,the employee will get the TDS credit.
| Is This Answer Correct ? | 54 Yes | 21 No |
Answer / chinnadurai
TDS stands for Tax Deducted at sources. In salary case,
Tax is deducted by the employer for his emplyees's salary
at the rate provided by the Act.
| Is This Answer Correct ? | 59 Yes | 27 No |
Answer / hemanth
Tds means tax deducted at source. It is the amount deducted
by person who incurred expense.Income receiver will get net
income. while filing his return he should submit hid tds
certificate that he had got income after deduction of tds
| Is This Answer Correct ? | 64 Yes | 38 No |
Answer / anand
tds is tax deducted at sources
an employer deduct the tax from his payment. the payment
mayb be a salary, contract, consultation fees. the payment
should above Rs.10,000/-
| Is This Answer Correct ? | 62 Yes | 36 No |
Answer / pawan pandey
TDS Mean's "Tax Deducted At Source".
It's reponsibility of a person who paid the salary or other
which included in TDS categary.
TDS deducted dy deductee at the time of payment for tds
issued form16&16A by NSDL(National Security Depository Ltd.)
| Is This Answer Correct ? | 47 Yes | 32 No |
Answer / ajay patel
TDS (Tax Deducted at source) is the amount which is
deducted by anybody (Individual/Firm/Organisation) who is
having a id contract with the assesse as per the rates
defined by the finance ministry and the amount is being
credited in govt. a/c by the tax deductor and issue a TDS
certifiacte to the assesse
| Is This Answer Correct ? | 39 Yes | 26 No |
Answer / shivakumar.c
the payer of certain income deducts tax at source at the
specified rate at the time of accrual or payment of such
income to the payee
| Is This Answer Correct ? | 15 Yes | 3 No |
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