what is tds ?
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Answer / tarakesh92
TDS MEANS TAX DEDUCTABULE AT SOURCE. IT IS CHARGED ON BASE AMOUNT
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Basing on what we can made TDS payment
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3 Answers GET Engineering Construction,
'A' is running a manufacturing set up. 'B' sends raw material (after paying CST) to 'A' for manufacutre of his specified product and 'A' keeps 'B's stock in his godown. Can 'A' buy this material from 'B' by raising a CREDIT MEMO and in the books regularises by passing Journal Entry Dr.Raw material inventory and Cr. 'B's Account.
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