what is withholding tax? when we use withholding tax?
what are the procedure in steps for calculating tds plz
tell me about all........
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Answer Posted / subhash.b
With holding Tax is nothing but Tax Deducted at source.
Whenever Salary is paying, the company has to deduct TDS as
With holidng Tax and Pay to the Govt. The rates of TDS are
differed for Salary(as per slab-192), Contractors(1% for
HUF, 2% for others-194c), Winning from Lottery(>5000,30%-
194B).
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