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What is a TDS ?
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Answer / r .suresh kumar
Tax deducted at source is one method of collecting tax. TDS
is a method where a person making certain payment is
required to deduction a prescribed amount of tax from such
payment. The amount so deducted is to be deposited by the
payer to account of the central government within a
prescribed time.
| Is This Answer Correct ? | 9 Yes | 1 No |
Answer / ajit khaware
TDS – TDS is tax deducted on the income at the source of
Earning
| Is This Answer Correct ? | 6 Yes | 1 No |
Answer / h.r. sreepada bhagi
TDS (Tax Deducted at Source), means deduction of Tax on
certain payments by the person or company at source while
making payment as prescribed by the relevant law of a
country. In some countries it's also called With holding Tax.
The tax so deducted should be remitted to the account of the
concerned Tax department with in the time prescribed in the
concerned law. This is mostly referred to Income Tax
deduction at source.
| Is This Answer Correct ? | 3 Yes | 0 No |
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