what is meaning TDS?
Answers were Sorted based on User's Feedback
Answer / chaithanya
tds means tax deductions source. This will charged on
labour charges ,contractors,sub conractors,
commision,profisional charges .
| Is This Answer Correct ? | 154 Yes | 24 No |
Answer / rajendra
Tds means Tax Deduction source its part of income this
advence to pay to tax department in behafl of intrest on
security, profession fees, contrectors/sub contractor,
winning from lottry etc.
| Is This Answer Correct ? | 78 Yes | 17 No |
Answer / janardhan
TDS means Tax deduction source. This will charged on
resource fee, printing charges .
| Is This Answer Correct ? | 87 Yes | 43 No |
Answer / jitenderbhatia
tds means tax deduct at source which we deduct from payment
of vendor
| Is This Answer Correct ? | 44 Yes | 9 No |
Answer / mukesh kumar
Tds means Tax Deduction source its part of income this
advence to pay to tax department in behafl of intrest on
security, rent & profesnal fees, salary, poloci.profession
fees, contrectors/sub contractor,
| Is This Answer Correct ? | 38 Yes | 10 No |
Answer / soma tiwari
TDs means tax deducted at source .it is deducted when
payment is made or entry for liablity is passed ( which
ever is earlier ). this is deducted on payment for specific
purposes . like on salary commission , rent , payment to
contractors etc. payment for tds is done quaterly to nsdl.
| Is This Answer Correct ? | 37 Yes | 12 No |
Answer / vinod
TDS mens Tax Deducted at soues which Deduct from Service
Provider
| Is This Answer Correct ? | 34 Yes | 16 No |
if bill has came for payment for car repair purpose in bill they mentation total parts value is 21000 and labour 13000 with total of 34000 inthat on parts vat is include so we have to deduct tds u/s 194c @2% on full amount of 34000 or not(bill is single for whole 34000 purpose_
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