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What is TDS
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Answer Posted / rizwana khatun/vineet pandey
in case of certain income,tax is deducted at source by the payer at the prescribed at the time of accrual or payment or payment of such incomes to the payee,similarly, in certain cases, tax is collected at source by the seller from buyer/lessee/licencee at the time of debiting the amount to account of the buyer/licencee/lessee or the receipt of payment whichever is earlier.
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