Answer Posted / jayadev

TDS is Tax Deduction at Source

Assessee pays tax in the assessment year on the income
earned in previous year . Due to this rule the tax
collection is delayed till the completion of the previous
year . Even some times people conceal their income and the
tax is mot paid at all . In order to overcome these
problems, government started deducting some amount of tax
from the amount . Whichis receivable by the assessee .The
amount of tax so deduvted is called as "Tax Deducted at
Source".
It is one of the methoding of Collecting Tax.

What is revaluation of Accounts, how does it is accounted in business

2029

---

how do you prepare the mis reports and prepare the one example report stating your accounts department proforma

2102

---

send me accounting test ppaers

2250

---

How Are The Balance Sheet And Income Statement Connected?

1248

---

Difference between nonoperating expentiture and non cash expenditure

2444

---

Please do tell me about the questions which are asked at BACS FINAL ROUND.

2222

---

how to maintain E-Commerce companies accounts

1513

---

How you implemented a chargeback system?

2314

---

Short Answer on ___________Appreciation

2022

---

What is Insider Trading ?

2312

---

Expand---------SDRT?

1956

---

1.What are the basic accounting Standards ?? 2.What is the main importance of Bank Reconcilation Statement? 3. What is Form 407 in Vat ??

2136

---

Please share different type of Z report

1414

---

HOW MUCH LATEST ACCOUNTING STANDARDS , TDS RATE , INCOME TAX RATE, EXCISE , VAT , SERVICE TAX & FBT RATES? (PLS. ARRANGE TO SEND THE RATES FOR ABOVE IN CATAGORY & LIMIT WISE)

3542

---

If someone knows about the test pattern of Junior executive accounts than please share.

2219

---