Interested to Buy Any Domain ? << Click Here >> for more details...
Wat is TDS?give full information on that topic.
- 10 Answers
- 36830 Views
- Infoline, Thomas Cook, Win Infotech, I also Faced
- E-Mail Answers
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
how to calculate of FBT with example & what is Rate
i paid tds through my bank account but i entered the assessment year as 2010-11(the current year) instead of 2011-12(actual assessment year). what is the remedy for this. how do i get refund for the wrongly paid sum. or is there any way to currect the assessment year?
I had filed e-filling IT Return for A.Y.2011-12 before 1yr but yet I have not get Refund & not seen refund status at on income tax site now I filed e-return for A.Y. 2012-13 now what i do for refund A.Y. 2011-12?
if salary paid per month Rs 80000/ I will deduct TDS from his salary, please what I do explain.(send Urgently)
what is vat adjustmant?
WHAT IS TAXATION?
wht do you mean by copmosition of tax
What is Form-I, FORM-F, FORM-H, FORM-E and FORM-C?
HOW CALCULATE PARTERNERSHIP FIRM INCOME TAX ON NET PROFIT.
What is turnover limit for Auditing of Service Tax, VAT, Income Tax, Provident Fund, P. Tax and WCT? Please mail me at gautam_ch2 @ rediffmail.com or call me at 09831707812.
is there easy guide for the latest India tax & accounting information for 2010?
WHAT IS THE BANK RECONSILATION, WHAT THE FORMAT OF IT
Dear Experts, Please advice, what are the rate of WCT , and is it differ from individual to companies in case of deduction ( if i am the deducting person)
what is excise duty and how can we mantain its account in outgoing and incoming of bill status.
IF I HAVE PAY COMMISSION TO LOCAL AGENT RS-5000 THEN HOW MUCH I WILL DEDUCT TDS & IS PAN CARD REQUIRE
