Golgappa.net | Golgappa.org | BagIndia.net | BodyIndia.Com | CabIndia.net | CarsBikes.net | CarsBikes.org | CashIndia.net | ConsumerIndia.net | CookingIndia.net | DataIndia.net | DealIndia.net | EmailIndia.net | FirstTablet.com | FirstTourist.com | ForsaleIndia.net | IndiaBody.Com | IndiaCab.net | IndiaCash.net | IndiaModel.net | KidForum.net | OfficeIndia.net | PaysIndia.com | RestaurantIndia.net | RestaurantsIndia.net | SaleForum.net | SellForum.net | SoldIndia.com | StarIndia.net | TomatoCab.com | TomatoCabs.com | TownIndia.com
Interested to Buy Any Domain ? << Click Here >> for more details...

Wat is TDS?give full information on that topic.

Answer Posted / samir inamdar

# 3

TDS is an indirect tax. it is the tax decucted at sources
(payment) by the payer and the same amount is remuted to
the government(IT Department)

payer(deducter)-The person who deduct tax and pay to
government is known as deducter. Deducter includes any
person (sec 2(31)) person ,INdividual, Huf, Body of
individuals etc and also includes government.

payee-(deductee) The person from whose income tax is
deducted is known as deductee.

following are the payments from which tax is deducted :
salary, interest on securities,interest on bank deposists
interest on post office deposist, comission, lottory
tickts, dividents on shares, horse rates income contract or
subcontract fees , Insurance comisson,rent, profession or
techniacal.

Is This Answer Correct ?    14 Yes 3 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

Kindly, tell me abount the WCT of U.P. material & labour supply for installment of lift in premises at Noida (U.P.), our lift supplier giving the bill in 90% material & 10% Labour & charged the up vat of 12.5% , Can we liable for WCT deductor ?

1855


How to calculate the TDS

2289


i had received an arrear 0f Rs.700000/- lacs for the period 1.1.2007 to 31.3.2010 and Rs.78000 for the period 1.4.2010 to 31.7.10 during aug'2010. my normal salary for 2010-11 is 400000/-. on what amount will my rent free house perquisite be calculated? i have also claimed rebate u/s 89 by distributing my arrear salary in previous years.

2130


WHAT IS TDS?SHOULD WE FILE TDS TO PURCHASE A THING .SHOULD WE PAY BOTH TDS &TCS FOR THE SAME THING

1969


What is the %age of T.A.,D.A.,H.R.A.,BASIC

4287


what is the full rate of cst/vat of building material ?

2348


Any body tell me about VAT (Karnataka)shortly because, iam reading vat book but iam not able to understand that. if any body tell me shortly about karnataka vat, retursn, tax collectng, tax payment, CENVAT utilizing etc. pleseeeeee

2572


Apply for TDS certificate in bank for rent purpose is wrongly entry as 94C instead of 94I. Is any problem?

1774


do we have tds in nigeria

3052


I want to know about the site where i can do online application for F form. Please suggest site address and procedure.

1928


Central purchase is eligible for issuance of H form. Whetther H form can be issued against local purcahse also? What I came to know is : earlier H form can be issued against central purchase only, but after intoduction of VAT, department issued notification regarding issuance of H form against LOCAL PURCHASE also. Is it true? If true then please tell me about notification/ circular/ relevant section or law. Please look into the matter. Thanx n Regards

2113


plzzzzzz help me friend my question is, is the tds of part of income tax and when it deduct from salary and why becose tds is deduct only secoundry primary income like lotory etc..

2023


How to calculate entry tax ??(In karnataka) Pls advice me complete computation details.

8506


Sir we have maintaint RG 23 Part I Excise Register manually but we can maintaint excise register in Tally erp 9 we tray but tally not show properly RG 23 Part I Excise register like manual. please guide & solve the problme.

1817


in a company, if employee contributing To PF equal to employer contribution. can he voluntarily stop his contribution while he is in service with that company?

1786