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What is TDS
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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 |
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