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what is withholding tax? when we use withholding tax?
what are the procedure in steps for calculating tds plz
tell me about all........
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Answer Posted / cute
Witholding tax
it is nothing but in a company is paying salary to the
employee(payee) the payer will detecut some amount with
obligation or detuct some amount from payee and the company
will pay the same amount to the government as a tax amount
to the government.
there are two types of with holding taxes extended and
classic
extended.
its is old version in this they will detuct at the time of
payment level
classic.
its a new verson in this they will do in both booking level
and in payment level......
| Is This Answer Correct ? | 63 Yes | 65 No |
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