Answer / nimish bhatia

tds stands for tax deducted at sorce... it is the tax that
an assessee has to pay at the time of earning an income..
it is different from tax paid at the time or filing return
since it is paid in the previous year itself...

Answer / vijay gawalkar

TDS stands for Tax deducted at source. Any income payable
to the assessee shall be liable for deduction of tax at
source by the person responsible for making payment. TDS is
deducted at prescribed rate as per the Finance Act of that
year.

Answer / prasad

TDS means Tax Deducted at Source

Answer / murali krishna

TDS is deducted at prescribed rate as per the finance act
of that year standards for tax deducted source.

Answer / mohan

TDS is statutory obligation improved by Income Tax Laws on
each partnership firm/ Company.
The main motive of Govt. is to collect Income Tax at the
origin itself when payment is being made or expense bill is
accounted for (whichever is earlier).
TDS is applicable on various types of transactions viz.
Interest,Payment to Contractors,payment to
Consultants,Payment of Rent,Payment to Employees etc.
The rate of TDS varies for each of the above categories and
the rate of TDS also varies on the constitution of the
party we are dealing with (Corporate/ Non-corporate).
Further, TDS is liable to be deducted only when the amount
of payment exceeds minimum limit for TDS category in one
accounting year. Further in order to reduce hardship on
smaller contractors a provision is made under Income Tax
rules to levy reduced TDS rate for certain period on due
authorized letter.

Answer / sravanthi

TDS Means Tax Deducted at Source, salary TDS means, whoever
will get more than 10000 salary per month, they will come
under the slab (Salary TDS) TDS will charged, Nature of
Payment and it will be in different SECTION

Answer / saurabh

TDS (Tax Deducted at source) is the amount which is
deducted by anybody (Individual/Firm/Organisation) who is
having a valid TAN No. and have a valid contract with the
assesse as per the rates defined by the finance ministry
and the amount is being credited in govt. a/c by the tax
deductor and issue a TDS certifiacte to the assesse

Answer / vitesh tandel

TDS Means Tax Deducted at Source, salary TDS means, whoever
will get more than 10000 salary per month, they will come
under the slab (Salary TDS) TDS will charged, Nature of
Payment and it will be in different SECTION

Answer / sachin kumar

Dear Sir,

What is the TDS rules, How we will charge TDS on Services.

Answer / ravi

hi
tds is tax deduction at source

Explain NAFCO?

2 Answers  

what diff. between panelty and interest in d-vat.what is the rate of panelty and intrest?

4 Answers  

Why we are prepaparing Debtors and Creditors list for more than lessthan 6 months at the year ending?

4 Answers  

Are you sure MBA Finance Demand in market if yes why and if you study a distance couse so my question is destance education is a valed for big company and small company

1 Answers  

what is meaning NPA?

5 Answers   Capital IQ,

Is fee income unrestricted income or restricted income?

1 Answers  

Expand I I M

1 Answers  

AN ESTIMATE OF ASSETS AND LIABILITIES ON AGIVEN DATE

0 Answers  

one question dr mean debit cr mean credit but cr full form credit but dr full form debit that mean debit not word dr what the answer

9 Answers   ABC, CMS,

Hello every one i'm going to interview for as an account profile company is construction works so plz guys help me about furthering interview question

0 Answers   Capital IQ, Construction, Genpact, Real Estate,

Pass entry for outstanding salry for the month of March paid in the month of April

4 Answers   Tax Time,

what is difference between acquitision and take over?

1 Answers