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Answer Posted / deepak tiwari
Nothing is as tangled and knotty as the TDS provisons. While
some TDS rates are specified in the individual section which
deal with the tax treatment of the particular stream of
income, some rates are included as part of a separate
schedule. To make matters worse, these rates get tampered
and modified every year. This result in so much chaos and
confusion, that sometimes those who have to apply TDS, do
not have a clue about what rate to use. Imagine the plight
of tax payer.
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