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What is TDS
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Answer / krishna
tds is only a advance tax paid by income earner
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Answer / dharmendar singh rawat
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..
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Answer / selvakannan.b
TDS is method to collect tax from the assessee in easily.
How the employer paid the tax totally to the govt those
employee income exceed the Rs10000 (as per act).The tax paid
from employee's income. This amount deduct at the time the
assessee pays the tax.
ex: salary tax already paid 5000. his total tax liable
25000(income from others such as). so at he pays only the Rs
20000 only. he deduct the tax 5000.
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Answer / e. guru prasad
TDS stands for Tax Deducted at Source. Any person making
payment to the service provider is liable to deduct tax
when it exceeds the amount mentioned in the Income Tax Act.
when the person making the payment fails to deduct TDS then
that amount will not be allowed as deduction and cannot be
claimed as expenditure.
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Answer / ravi kumar akp
TDA stands Tax deduction from Source... who were gain the
income from their source(If they have Pan card) those
people's has been bared tds as per prescribed tds rates
through 2nd paty.
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Answer / r. ravi kumar akp
tds stands for Tax Deduction at Source, and it will be
deduction by the employer from Employees source. TDS amount
credited into the bank.
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Answer / umesh
TDS IS TAX DEDUCTED AT SOURCE.
IT IS DUDUCTED BY COMPANY ON
SALARY,RENT,COMMISSION ,CONTRACTOR.
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