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What is TDS
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Answer / swapnil pol
Tds means tax dected at sorce
it is the tax that an assessee has to pay at the time of
earning an income
| Is This Answer Correct ? | 4 Yes | 0 No |
Answer / sachin kumar
Tds means Tax Deduction at Source.An employer deduct the tax
from his payment. the payment may be a salary, contract,
consultation fees, rent, professional.
| Is This Answer Correct ? | 3 Yes | 0 No |
Answer / ranjeet singh
TDS means tax deducted at source which is the amount deducted by the payment provider having valid TAN no. on each payment..............
| Is This Answer Correct ? | 3 Yes | 0 No |
Answer / talikhedkar sambhaji uttamrao
tds is a tax deducted source TDS Means Tax Deducted at
source.In this emoployee tax
will pay employer after taht employer pay the salary to his
employee so it means after deduction of tax employer pay
the salary to employee
| Is This Answer Correct ? | 3 Yes | 0 No |
Answer / ajith bs nair
The TDS is the part of Tax deducted at source. It means the
part of Tax deducted at the time of earning. For Ex. when
Bank pay interest on savings, they deduct the part of Tax
from interest paid and send the amount directly to the
Taxation department.
| Is This Answer Correct ? | 3 Yes | 0 No |
Answer / ashok aditya
what is the amount of tds new appalication submitted for
tan no.
| Is This Answer Correct ? | 42 Yes | 40 No |
Answer / sunil
TDS is the system in which tax payer has deduct some amount
of their Income tax which is paid by him once in Year but
with the help of TDS System the amount deducted as
installment in advance. Suppose You r paying tax Rs
20000/=per year it is difficuilt to paid such amt suddenly
(same time)because it is out of pocket for us, so by TDS
system we may deduct it as Rs. 100 to 1500 as our wish
every month.If we hv paid TDS Rs. 10000/=during the year
out of Rs.20000/= Then in the end we will paid Rs. 10000/=
more.
| Is This Answer Correct ? | 2 Yes | 0 No |
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DEAR ALL, HOW TO ACCOUNT THE SALARY ADVANCE A/c. I HAVE TAKEN AN ADVANCE OF Rs.25000/-. I HAVE DEBITED SALARIES ADVANCE A/c AND CREDITED THE PETTY CASH A/c in TALLY. I dont't know whether it is correct or not. If correct, in my individual ledger no entry is reflected. Alternatively, if I debit my self and credit petty cash a/c it is reflected in the P & L Account, but it is not an expense. and not reflected in the balance sheet, but reflected in P & L. I think I need to put a journal entry. Like debiting the salary account and crediting the salary advance account. Is this correct or not? Can any one help me please. my mail add: cdvijay100@yahoo.co.in or kmlnkml@live.com
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