Golgappa.net | Golgappa.org | BagIndia.net | BodyIndia.Com | CabIndia.net | CarsBikes.net | CarsBikes.org | CashIndia.net | ConsumerIndia.net | CookingIndia.net | DataIndia.net | DealIndia.net | EmailIndia.net | FirstTablet.com | FirstTourist.com | ForsaleIndia.net | IndiaBody.Com | IndiaCab.net | IndiaCash.net | IndiaModel.net | KidForum.net | OfficeIndia.net | PaysIndia.com | RestaurantIndia.net | RestaurantsIndia.net | SaleForum.net | SellForum.net | SoldIndia.com | StarIndia.net | TomatoCab.com | TomatoCabs.com | TownIndia.com
Interested to Buy Any Domain ? << Click Here >> for more details...

What is TDS & why it is deducted?

Answer Posted / chalam

Tax deducted at source . Such collection of tax is effected
at the source when income arises or accrues. Hence where
any specified type of income arises or accrues to any one,
the Income-tax Act enjoins on the payer of such income to
deduct a stipulated percentage of such income by way of
Income-tax and pay only the balance amount to the recipient
of such income.

Is This Answer Correct ?    3 Yes 0 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

What Question ask in MARKIT Company?

6966


how to do finalisation account ,pls tell me step by step ?

2524


What is the defination of job costing, batch costing and contract costing?

4112


Expand DPCO

2110


Expand-------URM

1946


What Is Depreciation, and from which date do we charge Depreciation for an asset ?

2083


Harpithas due Rs 55000 was settled infull by taking Haris due Rs 12500 in adjustment Pass necessary entry

2055


hey! i have an interview for PO in union bank on 11th feb. can anyone please tell me what major topics should i prepare for? of course npa is there. also cibil and basel basics. is there anything else i should prepare?

2016


My BASIC Salary is 18,000

1774


define fixed assets

1860


If i have a company in India doing purchase from Shrilanka, If i buy in Shrilankan local currency and make the payments in Indian Currency At the end of year how shall i settle the difference Exchange money in Books of Accounts.

2251


Expand-----RTD

2039


Which entry we pass self entry like cash withdraw for ourself

1606


What are write off entries to be passed say if im having payable of Rs. 400 standing in the balance sheet and I want to write it off...

4725


If in a PO, the freight condition is mentioned as Air freight and the material is actually received by Road, how does the system check before making the necessary accounting entries?

2027