What is TDS
Answer Posted / sansar
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.
Is This Answer Correct ? | 54 Yes | 21 No |
Post New Answer View All Answers
what is the main link between the income statement and the balance sheet?
how will i develop my fears in interviewd?
Under the accrual basis of accounting incomes are recognised at the time -------------------
what is Derivative Documentation,Derivative Settlements,Derivative confirmation?
What's the meaning of Preferential Creditor?
my boss (Managing Partner of a firm) promoted along with his wife a private limited company. he and she spent some Rs. 75,000/- (approx) for the promotion of the company. i know that they usually fall under the head of preliminary expenses. but after receiving the certification of incorporation of the company how shall i repay them to the promoters i.e. what is the accounting entry in the books (initial books of accounts) for the expenditure incurred. they have kept in hand 5,00,000/- each to meet the expenses and they were allotted shares of equal to the amount. can i allot shares for a consideration of cash from and excluding the preliminary expenses. can i take cash towards the share application money (being the cash more than Rs. 20,000/-) as the company has not opened a bank account yet. please give me the detailed answer with journal entries that can be entered in tally. thank you.
what are the difference between banking institutions and financial institutions?
1. The controlling department wants to see depreciation amount on internal orders. Which customizing setting do you need to make in asset accounting?(any 3 answer) Make the internal order in active assignment object. Make the internal order an account assignment object for the depreciation run. Set the field internal order to required or optional in the screen layout. Enhance relevant transfer variant by adding the field internal order. Assign the field internal order to account determination.
HI, FREINDS, I WANT TO KHOW IS THE CFP (CETICFIED FINANCIAL PLANNER) IS A GOOD COURSE, IS THEY ANY INSISTUTE IN HYDERABAD,IF ANY ONE DOING THIS COURSE PLEASE REPLY ME.
what is purchase consideration?
what is pre post expenses
can any one send me payables real time scenarious or any projects
where is suspense entry is entered in tally erp9
Whatis new GL & Odd G.L What is the difference between these two.
How to Calculate PF with interest or without interest.