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What is TDS
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Answer Posted / mohammed dilaawez
TDS Stands for Tax Deducted At Source. It is the payment
deducted by the Individuals, Firms Company or any body who
is making some kind of payment in respect services recd. It
is the duty of the deductor to Deduct the precise
prescribed rate of Tax as per Income Tax Act deposit the
same to the Central Government
| Is This Answer Correct ? | 5 Yes | 0 No |
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