What is TDS
- 143 Answers
- 302607 Views
- Accenture, Accurate Meters, Capital IQ, ICA, ICICI, IIJT, Leo Technologies, Lupin, Microsoft, NCR, Skypak, Somaiya, SS Automation, TCS, Unitherm Engineers, VFC Industries, Way2Wealth, I also Faced
- E-Mail Answers
Answer Posted / simran
TDS is tax deducted at source
when an organization make payment to its creditors then
at the time of making payment it deduct the TDS from
total amount.
and it is the duty of the concerned organization to
deposit TDS to income tax authority.
RATE OF TDS =2.266%
| Is This Answer Correct ? | 12 Yes | 2 No |
Post New Answer View All Answers
please answer this question.the following balances were extracted from the books of modern traders on 31st dec,2010.capital(85000)fixed assets(45000)stock1-1-2010(15000)sundry debtors(20600)productive exp(3300)reserves fund(6600)discount received(800)cash in hand(6200)drawing(5000)accomulated dep.(9000)purchases(82000)bad debts(400)unproductive exp.(27400)sundry creditors(9000)sales(120000)cash at bank(25500).adjustments.stock on 31-12-2010(15000).outstanding wages (5000) write-off (600)of further bad debts. create provision for bad & doubtful debts at {5%) on debtors.unproductive expenses includes anitem of prepaid insurance (100).provide depreciation on original cost of fixed assets @ (10%).
What do you know about hyd? Tell something about hyd?
while doing work in dolphin software when credit note is given by supplier to purchaser then purchaser is debited supplier account so on credit side which account is coming which account should be credited
Expand---------PDBC
why cost center is assign to gl account in sap
types of inventory
What is Trade Recovery Estimate and how can we calculate it?
While we are bringing our machinery items to factory through a vehicle from other state to Andhra pradesh, is this correct to send our own state way bill along with the other state way bill.
joint venture?
HOW I CAN PREPARE A BALANCE SHEET OF A COMPANY ?
What is Split And buy-back?
what is transposition-cum-demat?
Expand CASA
hi guys, pls refer me how to preppare for Indian Bank exams.
The Closing stock balance on the cr side of Tarding Proft and Loss A/c due to this our revenue so when we isued the material or used in production then whats happen with closing stock(I think Closing Stock will dr after Isuabce/use materil in Production)if its correct tell me
