Answer Posted / shalaka chavan
TDS is a specific mehtod used by income tax dept applicable
to certain professional. in this mehod the income that is
to be paid by the dealer is recovered from the customer.
The amount of tax is to be deducted from the payment that
is made. Therefore the responsibility of paying the tax
lies with the customer.
| Is This Answer Correct ? | 5 Yes | 0 No |
Post New Answer View All Answers
Which is better for investment- fixed deposits or mutual funds and why?
What is the basic difference between a cheque and a draft?
What is accretion accounting?
Tell me something about risk management?
What is 'corporation tax'?
What is the biggest finance news in 2016?
What is the function of NITI Aayog?
What is an NPA?
What is the use of color boxes in WTO category of subsidies?
What is NABARD and tell some of its functions?
What do you know about PPF Account? Do you have a PPF account?
Pass the Journal Entry of Debentures Are Issued at Discount?
What Is Loan Management System?
What idea do you have about E- Commerce?
Accounts payable questions