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Categories >> Accounting >> Taxation
 
 


 

 
 Audit interview questions  Audit Interview Questions (428)
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 Taxation interview questions  Taxation Interview Questions (1917)
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 Accounting AllOther interview questions  Accounting AllOther Interview Questions (4376)
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
 
As I am an Individual person doing jobwork with a company name x. After doing jobwork I am going to sale the shoes in local market. Please tell what is the tax % I have to take. Whether 4% or 12.5%.   2
what is extra at actuals in excise duty. how 2 calculate them on basic price?   1
if company have receivables Rs 50000 & payables Rs. 65000 then what will be current ratio ?   1
Why Govt. Have Need of WCT. Vijai-Electricals 2
is tax good or bad?   11
WHAT IS THE RATE OF TDS ON SALARY,RENT,COMMISSION,CONTRACT,INTEREST, BROKERAGE ETC   8
WHAT WE DO FOR SERVICE TAX IF A PURCHASER RAISE A DEBIT NOTE FOR OUR SERVICE BILL. PLEASAE EXPALAIN THE PROCEDURE WITH EXAMPLES   1
What is an entry for INCOME TAX REFUND ?   1
Is 'H'Form can be issued against local sale? Redstone 9
what is the vat rate for gold coin - 24 carrots in karnataka.   2
sir, i have charged labour charges with material bill to x party for Rs.211000/- plz explain me how much TDS amount will deducte by party..   4
What is the TDS . and how can we identify this is TDS Deductable or not.   4
 
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