what is tds and rate of tds
Answer / amitagrawal
Tds means tax deducted at source.
It means tax is deducted by payer at the time of making
payment to payee.
For example Life insurance corporation of india while
paying commission to its agents then it will deduct some
percentage of tax out of their claim. and LIC will deposit
this to the government.
There are different rates of TDS depending on the type of
payments.
ex. Commission, interest, winnings from lottery etc.,
interest on securities etc.
| Is This Answer Correct ? | 8 Yes | 0 No |
WHAT IS THE MEANING OF R.T.G.S USING IN A BANK.
discuss depreciation and types of depreciation
What is mutual fund what is derivatives what is capital market what is TDS.breifly
Can you please explain the difference between differentiate between consignor and consignee?
WHEN WILL SBI DECLARE THE RESULTS OF INTERVIEWS OF CLERICAL CADRE HELD IN APRIL-MAY 2010?
0 Answers State Bank Of India SBI,
what is the princple of debit & credit?
Do you think there is any difference between inactive and dormant accounts?
benefits of fund flow statement to an individual, organisation and to the society?
A business sold goods valued at R1000 excluding vat on credit to a customer. What would be the debit to the customers account if vat is 14% ?
Can anybody answer to my question fictitious assets journal entries
What is the difference between Issue & Sell / sale?
what is the meaning of prepaid&accruals in accounting?