What is TDS
Answer Posted / sunil bankar
TDS( Tax Deducted at Source ): TDS is one on the mode of
collection Income Tax. While making certain kinds of
payment, the payer deducts Income Tax from the payee &
deposits with Income Tax authority. The payer
(Deducter),later on issues a certificate to the payee
(Deductee),in respect of deduction of deposits to the
Govt.. The TDS certificate is then treated as advance
payment of Income Tax by the Deductee.
| Is This Answer Correct ? | 5 Yes | 0 No |
Post New Answer View All Answers
What problems might be encountered if there were no accounting standards?
How will be prepare invoice in tally, please tell me step by step
Q5 Prepare a Balance sheet from the following particulars: Gross profit =Rs.80,000 Gross profit to cost of goods sold =1/3 Stock velocity =6 times Opening stock =Rs.36,000 Accounts receivable velocity =72 days (year=360 days) Current assets=Rs.1,50,000 Account payable velocity=90 days Bills receivable =Rs.20,000 Bills payable=Rs.5,000 Fixed assets turnover ratio (on cost of goods sod)=8 times
What is Summarising
What was key roles of Cashflow statement and Fund flow statement and Balnsheet..?
You have joined company yesterday then you are Appling B1 visa today. why so urgent.
What is the Branch Accountant Responsbilities ?
why funds management doc is generated during migo and miro
Short Answer on ___________fluctuating capital
what is Sums on Finalization of Accounts?
define bank Draft
What is the use of final account?
what is the difference between Tally ERP and SAP FI ECC?
in accounts welding institute which category will come for example 1. recruitment con.pvt ltd. is man power recruit category ,so iwant to welding institute (learning welding and fibrication)
which name written in Tan application form Applicant is sole proprieter companies name or individual name?