Answer Posted / anchit saxena
tax deduction at source is one of the mode of collection of
income tax. while certain kinds of payment the payer deduct
amount from the payee and deposit with income tax authority
1- tds on bank interest
2- tds on commission or brokerage
3- tds on lottery, horse race incomes etc.
| Is This Answer Correct ? | 22 Yes | 1 No |
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