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What is TDS? Please explain rate of TDS.
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Answer Posted / amit kumar sharma
TDS means Tax Deducted At Source. when the payment made to
creditors against bills , at that time the company deducted
the tax on the total bill value called TDS. Rate of TDS is
varied on type of creditors. If the creditors is sub
contractor , TDS rate is 1% like that.
| Is This Answer Correct ? | 83 Yes | 28 No |
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