Interested to Buy Any Domain ? << Click Here >> for more details...
what is TDS i need clear explanation and how to file tds
return
- 1 Answers
- 10256 Views
- Maytas, I also Faced
- E-Mail Answers
Answer / sanmilan
TDS is ‘Tax Deducted at Source’. This rule is introduced by
the Govt. is in order to expedite Tax Collection (At least a
part of the Total Tax Liability) as soon as an assessee earn
his income. Normally we pay Income Tax and File returns of
any Financial Year in the Next Year. By Deducting Taxes in
the form of TDS, Govt. can get the revenue (At least a part
thereof before setting off) in advance. At the end of the FY
when you file your IT Return, you can deduct the amount
deducted so far by way of TDS from your overall tax
liability and pay only the balance if anything is due to the
Tax Department or you can ask for a refund if the TDS
deducted is more than your liability. TDS is deducted on
salaries, dividend, Insurance, Winning from Lotteries, Horse
Race, Rent, Commission, Professional Income etc.., etc.., .
It is deducted according to the specified rates as per
Finance Act.
| Is This Answer Correct ? | 31 Yes | 2 No |
If concern supply garments from outside purchase to movie producer for their production then is it maintain Service Tax if yes then how and at first what steps I have to take?
how to caluclate the central exicse duty? how to implemting in to tally ERP9?
Hi, Can somebody help me to know whether WCT MVAt is applicable on catering service, if the caterer is uses his own material and labour for doing cooking in our premises and later the product is sold in the same premises for the employees. Kinldy advice whether WCT will be deducted on this.
What is business?
1.R-1 Form Kya hai? 2.R-2 Form kya hai? 3.sale tax return form no.kya hai? 4.C-Form kitne % tax par diya jata hai. 5.D-1 & C-4 form kitne % tax par diya jata hai.
Hi May i know i 2 avoid Income Tax.I am getting 1,20,000PA and a house rent of 5000PM,and profit from Agriculture Income of 80,000.Is agriculture Income taken into consideration.If so how 2 calculate further & how much will b the Income TaxI will b getting.
What happens if I return material purchased in March to the buyer in August next year? Do I get full refund of the value including tax?
if cst sales and purchase is completed and we issue c form and received c form also.but in next month both sales and purchase are return. my question is how to pass reverse entry when c forms issue/receive. how it cst return also.
i want to know about Form c,D,E, E-1,E-2,F,G,H,I.WHEN IS LIABILITIES OF ISSUE OF ALL RELATED FORM ON SELLER AND BUYER.PLZ SEND THE ANSWER OF THIS QUESTION ON MY E-MAIL
What is E1 form for purchase & what benefites
Can anybody tell me that what is the difference among ER- 1,ER-2,ER-5 and also write please applicablity circuler/rule for its limitation or please advice me the best book related rules which is helpful for excise accounting. "THANKS IN ADVANCE"
is all type of tds is refundable or not please explain?
Audit 
