what is TDS
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Answer / arnab bhattacharya
Full form of TDS is Tax Deducted at Source.
It is an indirect tax and deducted from the source where
the payment is made. i.e. For salary TDS is deducted by the
Employer & also deposited by the Employer for the Employee.
| Is This Answer Correct ? | 21 Yes | 6 No |
TDS means Tax Deducted at Source. It is the amount withheld
from payments of various kinds such as salary, contract
payment, commission etc. This withheld amount can be
adjusted against your tax due.
| Is This Answer Correct ? | 5 Yes | 1 No |
Answer / rajeshwar
tax deducted by the service receiver on service provider at
the time of payment or book entry which ever is earlier
| Is This Answer Correct ? | 3 Yes | 2 No |
Answer / nagendra chary
tDS means Tax Deducted at Source. It is the amount withheld
from payments of various kinds such as salary, contract
payment, commission etc. This withheld amount can be
adjusted against your tax due.
| Is This Answer Correct ? | 0 Yes | 0 No |
Answer / sandeep kumar sharma
Tax Deductiet Source,
It is in Indirect Tax
| Is This Answer Correct ? | 3 Yes | 8 No |
Central Railway i.e. Central Govt. takes material through works Contract in Maharashtra State.The contractor purchases material from other states say M.P. or U.P. state. Due to inter state purchase of material the contractor is asking for C form. Whether Central Railway is eligible to get C form? Whether we will able to get C Form from Sales Tax Dept. so as to hand over to contractor ?
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I have purchase one air ticket from a travel agency. They allow 3000 rupees ticket to me for the total ticket purchase.But they debited staturoty TDS to me. I ask them for the legibility of this, they replaied they had received commission from airlines and airlines catch TDS from them and naturally it comes down to sustomers also. But my doubt is Airlines are allowed commission to Travel Agency and Travel Agency are not shared commission-they allowed discount. So is this TDS is applied for me or not?
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