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Categories >> Accounting >> Taxation
 
 


 

 
 Audit interview questions  Audit Interview Questions (428)
 CompanyAffairs CS interview questions  CompanyAffairs CS Interview Questions (158)
 Taxation interview questions  Taxation Interview Questions (1900)
 Accounting General interview questions  Accounting General Interview Questions (2815)
 Accounting AllOther interview questions  Accounting AllOther Interview Questions (4364)
Question
What Do U Mean By Tds
 Question Submitted By :: Taxation
I also faced this Question!!     Answer Posted By  
 
Answer
# 1
Tax on income of previous year is usually made on the
assessment year. To avoid tax evasion, the Income Tax Act
has made provision to collect tax by way of Tax Deduction at
Source (TDS) and Tax Collection at Source (TCS).
 
Is This Answer Correct ?    3 Yes 0 No
Nandakishore Ambati
 

 
 
 
Other Taxation Interview Questions
 
  Question Asked @ Answers
 
what are the rates of depreciation as per companies.Act.? Impulse 1
we have sale material to party and freight paid by us. This freight charged in sale invoice than what is the entry of service tax in this case.   1
What is the form H in case of sale to export? what is the sale against form "H"? Delta 2
what is the Last date of Yearly VAT Return in Haryana Sale Tax ?   11
What is the limitation of loan given from one private company to other proprietors company, if any restirction is there. Please explain and how it affect income tax point of view? PNG-Power 1
EXPLAIN ABOUT TDS?   15
what is TDS   2
Whether unutilised CENVAT credit can be included in the net profit of an assessee for the computation of Income Tax payable if an assessee is following exclusive method of accounting?   1
Service tax on rent (immovable property)? Reliance 1
how to make monthly salary sheets.   3
What is means by sales tax (vat also)? How to calculate Sales tax (vat also)? Sales tax form no. (vat also) ?   1
if i allow to deduct tds to another company from my income, in which situation i can getback from govt. is it possible to get back this tds amount?   2
 
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