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what is meaning TDS?

Answer Posted / soma tiwari

TDs means tax deducted at source .it is deducted when
payment is made or entry for liablity is passed ( which
ever is earlier ). this is deducted on payment for specific
purposes . like on salary commission , rent , payment to
contractors etc. payment for tds is done quaterly to nsdl.

Is This Answer Correct ?    37 Yes 12 No



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