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 / vinay srivastava

TDS is stand for tax deduction at sources. it is a way of
collecting tax by the govt. TDS is collected by the buyer
from the seller on the behaf of govt. buyer deduct some
amount of tax form the seller's payment and rest amount of
payment paid to the seller. and amount of tax is paid to
the govt.
for example. a employer pay salary to it's employee after
deduct the some amount of tax from his salary.

Is This Answer Correct ?    0 Yes 0 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

what is payment method?How many payment method we can assign to company code.

1693


Example for extra ordinary expenditure?

2681


we are run construction (residence & commercial)last year we are sale 4 flats (16 flats apartment) registration value example:10.75 * 4 = 43.00 but we are collected from customers 45.00 total so 45 - 43 = 2.00 this amount we are booking additional agreements work amount (income)because we are standing sub contractors expendeture side 2.00, we are service tax paid or not ?

1891


If its is declared by auditor that business is not going concern that what journal entry will be pass?

1896


How to Calculate PF with interest or without interest.

3297


How to Calculate Mortgage?

2324


Took goods from the shop for use at home? state whether the following transcation is business transcation or non business transaction? with reason?.

1892


what is the meaning of input vat & out put vat?

4004


what is Rectification of Errors ?

2224


Q A project cost Rs.6,00,000. It yields annually a profit of Rs.80,000. After depreciation of 12.5% p.a.but before tax of 50%.Calculate payback priod.

2316


Expand BFSI

2134


let me know the difference between net cash flow and income

2238


EXPAND___________LNG

1976


why would you like to opt nbp

2018


how to entry in tally for other person check received

1931