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Answer Posted / rajiv sabharwal
TDS means Tax Deducted At Source. According to the
guidelines issued by the authorities TDS must be deducted
before making any payment. The amount and percentage is
different.
TDS is for both filing purpose and for claiming purpose. You
have to file if you are collecting TDS and you can claim it
at the time of filing your return if it was charged in
excess what it would be.
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