What is TDS
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Answer Posted / 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
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