Interested to Buy Any Domain ? << Click Here >> for more details...
Answer Posted / priyanka
TDS is tax deducted at source, also called TCS means tax
collected at source. We the people have been given a duty
to be performed by the govt. to deduct tax when we made a
payment for any service. But TDS is not deducted on every
service. The services on which tax is to be deducted are
given in Income tax act. This is a source of revenue for
the govt. But the rates for tax deduction are also
different for different types of services and it is also
necessary that the income on which tax is deducted should
cross the given limit, which has been given in Income Tax
Act.
| Is This Answer Correct ? | 3 Yes | 1 No |
Post New Answer View All Answers
What is SOX
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?
Suresh agreed to adjust Ramesh due amount of Rs 15000- from his credit balance
I work in a semi govt society. We purchased a flag for celebrating independence day in office premises . Plz tell me under what head / ledger of exp it comes
what is the step in preparing the schedule of audit? can someone explain for me?
Expand-------MUR
Expand-------SNAT
Expand----------SAMC
Dear All, Could any body send me the format of Delivery Challan? What is Even Transfer and Branch Transfer?Please let me know if any body knows? ekathirvel@gmail.com
what is the frienge benefits tax?what is usefull?
What is Acquisition?
what do you mean indirect expanse in trading business?
Expand-------NBTA
With scan-based trading, are retail companies creating inventory at the point of sale or recording income/expense?
Expand-------NSAC
