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What is TDS
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Answer / rajpriya
TDS is a certain percentage detucted at the tim eof payment
oe various kinds such as SALARY,COMMISSION,RENT,INTEREST ON
DIVIDENDS etc.,and detucted amount is remmitted to the
GOVT.account
| Is This Answer Correct ? | 0 Yes | 0 No |
Answer / ziya anjum
TDS STAND FOR TAX DEDUCTED AT SOURCE, IF U MAKE ANY PAYMENT TO A PERSON EXCEED ITS LIMIT THEN U HAVE TO PAY SOME TAX AMOUNT. AND TDS PAYABLE AMOUNT WILL BE PAID BEFORE 7TH OF EVERY MONTH AND IT IS FILED QUARTERLY AND ANNUALLY.
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Answer / karthik singh thakur
TDS is one of the modes of collection of taxesby which a certain percentage of amounts are deducted by a person at the time of making/crediting certain specific nature of payment to the other person and deducted amount is remitted to the Government account. It is similar to "pay as you earn" scheme also known as Withholding Tax in many other countries, one of the countries is USA. The concept of TDS envisages the principle of "pay as you earn". It facilitates sharing of responsibility of tax collection between the deductor and the tax administration. It ensures regular inflow of cash resources to the Government. It acts as a powerful instrument to prevent tax evasion as well as expands the tax net.
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Answer / kajal
Tds means tax deducted at source . the person who make payment the payment to other person liable to deduct the TDS of that person, because he is the source of income of that person.
| Is This Answer Correct ? | 0 Yes | 0 No |
Answer / bikram
what is the value of examption in excise for new Auto
mobile companys.
| Is This Answer Correct ? | 0 Yes | 1 No |
Answer / rohit kumar
TDS
the defination of tds is tax deducted by a company for the
source that the company is providing to the individual or a
company. it has different criteria of paying sources. like
contractor, prfessional, rent etc.
| Is This Answer Correct ? | 1 Yes | 2 No |
Answer / sachi
TDS means Tax deducted at sources.The person who is to
receive the income must apply sufficiently in advance of
receipt of income. The application to the assesing officer
is to be made in form No-13. If the officer is satisfied
with the total income this person justifies, then he shall
issue an appropriate certificate to the payer.
| Is This Answer Correct ? | 0 Yes | 1 No |
Answer / sandhya
TDS means Tax deduct at source. we can pay by what ever we
get the rent from house.it will be come under slab.
| Is This Answer Correct ? | 0 Yes | 1 No |
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