tds stands for tax deducted at sorce... it is the tax that
an assessee has to pay at the time of earning an income..
it is different from tax paid at the time or filing return
since it is paid in the previous year itself...
TDS stands for Tax deducted at source. Any income payable
to the assessee shall be liable for deduction of tax at
source by the person responsible for making payment. TDS is
deducted at prescribed rate as per the Finance Act of that
year.
TDS Means Tax Deducted at Source, salary TDS means, whoever
will get more than 10000 salary per month, they will come
under the slab (Salary TDS) TDS will charged, Nature of
Payment and it will be in different SECTION
TDS is one of themodes of ecovery of Income Tax.The
provisions relating to TDS not only help catch more and
more pepole in the tax. The provisions relating to TDS not
only help catch more and more pepole in tax net but they
also ensure true and full disclosure of income in the tax
return.
TDS Means Tax Deducted at Source, salary TDS means, whoever
will get more than 10000 salary per month, they will come
under the slab (Salary TDS) TDS will charged, Nature of
Payment and it will be in different SECTION
TDS Means Tax Deducted at source.In this emoployee tax
will pay employer after taht employer pay the salary to his
employee so it means after deduction of tax employer pay
the salary to employee.
TDS (Tax Deducted at source) is the amount which is
deducted by anybody (Individual/Firm/Organisation) who is
having a valid TAN No. and have a valid contract with the
assesse as per the rates defined by the finance ministry
and the amount is being credited in govt. a/c by the tax
deductor and issue a TDS certifiacte to the assesse
Tds means tax deducted at source. It is the amount deducted
by person who incurred expense.Income receiver will get net
income. while filing his return he should submit hid tds
certificate that he had got income after deduction of tds
The Tax which is deducted by company from thier employees
salary or their internal and external publics for accepting
services from them but it is different from other taxes.
TDS (Tax deducted at source) as it is popularly known as is
the process in which the payer makes reduced payment to the
receiver of money. The amount that was so reduced is the
TDS. The rate of deduction is contained in the Schedule III
of the Finance Act issued by the Government of India.
TDS Mean's "Tax Deducted At Source".
It's reponsibility of a person who paid the salary or other
which included in TDS categary.
TDS deducted dy deductee at the time of payment for tds
issued form16&16A by NSDL(National Security Depository Ltd.)
TDS (Tax Deducted at source) is the amount which is
deducted by anybody (Individual/Firm/Organisation) who is
having a id contract with the assesse as per the rates
defined by the finance ministry and the amount is being
credited in govt. a/c by the tax deductor and issue a TDS
certifiacte to the assesse
TDS is statutory obligation improved by Income Tax Laws on
each partnership firm/ Company.
The main motive of Govt. is to collect Income Tax at the
origin itself when payment is being made or expense bill is
accounted for (whichever is earlier).
TDS is applicable on various types of transactions viz.
Interest,Payment to Contractors,payment to
Consultants,Payment of Rent,Payment to Employees etc.
The rate of TDS varies for each of the above categories and
the rate of TDS also varies on the constitution of the
party we are dealing with (Corporate/ Non-corporate).
Further, TDS is liable to be deducted only when the amount
of payment exceeds minimum limit for TDS category in one
accounting year. Further in order to reduce hardship on
smaller contractors a provision is made under Income Tax
rules to levy reduced TDS rate for certain period on due
authorized letter.
Tds means tax deducted at source. It is the amount deducted
by person who incurred expense.Income receiver will get net
income. while filing his return he should submit hid tds
certificate that he had got income after deduction of tds
tds stands for tax deducted at sorce... it is the tax that
an assessee has to pay at the time of earning an income..
it is different from tax paid at the time or filing return
since it is paid in the previous year itself
TDS refers to Tax Deducted At Source.It is the tax
generally deducted at the source from where the income is
generated, by the Principa/Employer who is responsible for
making the payment.It doesn`t relieve the Employee/Person
receving such income from tax payment on such
income.However,the employee will get the TDS credit.
tds is tax deducted at sources
an employer deduct the tax from his payment. the payment
mayb be a salary, contract, consultation fees. the payment
should above Rs.10,000/-