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What is the TDS . and how can we identify this is TDS
Deductable or not.

Answer Posted / javeed

tds is tax deducted at some source
it is decuted on expenses & incomes
when the payer or deducter is paying certain amount to his
s.creditor or deductee he deducts certain amount as tds and
deposite that amount to the govt within 7 days of deduction
and issue a certificate to dedutee ( form 16 or 16a)

on tds we will get half yearly returns

Is This Answer Correct ?    3 Yes 1 No



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