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What is TDS
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Answer Posted / sridharan.v
TDS means Tax deduted at Source. 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.
TDS is deducted at prescribed rate as per the Finance Act
of that year.
It is Paid by the company
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