what is tds?

Answers were Sorted based on User's Feedback



what is tds?..

Answer / n balakasi

tax deduction at sourse

Is This Answer Correct ?    37 Yes 1 No

what is tds?..

Answer / pradipta

TDS means Tax Deduction at Source. Under this system
payer is required to deduct tax at the time the payment is received by or credited to the account of the payee. This is similar to the PAYE system whereby tax is deducted by employer at the time emoluments are made available to the employee. The payments covered under this system are:
(a)Interest;
(b)Royalties;
(c)Rent;
(d)Any sum paid to architects, engineers, land surveyors, project managers in construction
industry, property valuers and quantity surveyors as consideration for services rendered by
them;
(e)Payments to contractors and sub-contractors

Is This Answer Correct ?    10 Yes 0 No

what is tds?..

Answer / a student

tax deduction sources

Is This Answer Correct ?    8 Yes 8 No

Post New Answer

More Banking Finance Interview Questions

Explain turnover group ratios.

0 Answers  


What is the significance of finance management in day to day life?

6 Answers  


How can we utilize your skills?

0 Answers   State Bank Of India SBI,


What is GP?

6 Answers  


What Is Debt-to-income Ratio?

0 Answers  






what is digital banking?

0 Answers  


Differentiate between trade, commerce business and industry.

0 Answers  


Who are the recent Padam Awards Winners?

0 Answers   SEBI,


What 'LIBOR' stands for?

0 Answers  


In the resrarch process, why is the problem defination stage probably the most important stage? What are the key issues that need to be addressed at this stage?

1 Answers   University,


what is the importance of return on investment ratio?

1 Answers  


What is the difference between Direct and Indirect Taxes?Give examples?

0 Answers   IBPS,


Categories
  • Business Administration Interview Questions Business Administration (517)
  • Marketing Sales Interview Questions Marketing Sales (1279)
  • Banking Finance Interview Questions Banking Finance (3208)
  • Human Resources Interview Questions Human Resources (745)
  • Personnel Management Interview Questions Personnel Management (68)
  • Hotel Management Interview Questions Hotel Management (29)
  • Industrial Management Interview Questions Industrial Management (113)
  • Infrastructure Management Interview Questions Infrastructure Management (14)
  • IT Management Interview Questions IT Management (97)
  • Supply Chain Management Interview Questions Supply Chain Management (16)
  • Operations Management Interview Questions Operations Management (39)
  • Funding Interview Questions Funding (79)
  • Insurance Interview Questions Insurance (494)
  • Waste Management Interview Questions Waste Management (1)
  • Labor Management Interview Questions Labor Management (48)
  • Non Technical Interview Questions Non Technical (73)
  • Business Management AllOther Interview Questions Business Management AllOther (546)