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What is TDS & why it is deducted?

Answer Posted / raja

TDS - MEANS TAX DEDUCTED AT SOURCE

IT IS DEDUCTED FOR THE PAYMENT (SALARY) MADE TO THE EMPLOYEE
BY THE EMPLOYER AND

IT IS DEDUCTED BY THE CO., FOR THE PAYMENT MADE FOR RENT,
ADVERTISEMENT AND TO THE CONTRACTOR'S PAYMENT ETC.

BUT THE MUST PAY THE DEDUCTED AMOUNT TO THE GOVT. AS PER THE
INCOME TAX ACT.

WITHOUT ESCAPING FROM THE TAX PAYMENT GOVT. INTRODUCED THIS.

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