What is a TDS ?

Answer Posted / r .suresh kumar

Tax deducted at source is one method of collecting tax. TDS
is a method where a person making certain payment is
required to deduction a prescribed amount of tax from such
payment. The amount so deducted is to be deposited by the
payer to account of the central government within a
prescribed time.

Is This Answer Correct ?    9 Yes 1 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

What is 100% EOu? what is the benifit and what is difficulty of it?

1674


Prepare a trial balance from the following :- Particulars Amount Particulars Amount Rs. Rs. Purchases 8225 Premium on lease 1200 Wages 1025 Loan on mortgage 2500 Sales 12450 Plant & machinery 2000 Arun's capital 13500 Provisn for doubtful debts 300 Stock on 1/1/98 1500 Sundry debtors 16550 Salary 410 Trade charges 200 Rent & taxes 162 Bad debts 200 Sundry creditors 2572

1947


What is Accounting on Computers

1554


What is the difference between Balance Sheet , Chart Of Accounts and trial Balance?

2157


please give the sbi bank clerk exam paper model in last five years?

1758






Truck # 3 has a list price of 16000. It is acquired in exchange for a computer system that company A caries in its inventory. The computer system cost 12000 and is normally sold by company A for 15200. Pass the journal for the same.

1617


Expand-------ATBN

1699


Short Answer on _________Commerce

1401


what is difference between account and accounting

1299


tell me about a time you had to deal with a conflict between a licensed and unlicensed personnel and how handled the situation?

4281


when assessing the credit proposal of a prospective borrower if he gets internal rating below the hurdle rate what will you suggest as a banker

1659


if you fix salary to some body for Rs.10000/- what are the segregations to be done and what are the deductions to be done (segregations like basic, da,ta,conveyance etc., how ? what percentage what speaks law) and deductions what are those like, pf,esi,pt, etc., what ever

1542


Give some questiong with anser with are usally ask to the interviewer in interview. Please give answer with detail.

1652


Give a brief explanation of the fundamental accounting concept of prudence

1714


who invented acounts?

1397