What is TDS? | TDS: Tax Deducted at Source | Income Tax Concepts explained by Yadnya
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TDS: (Tax Deducted at Source) is deducted from the payments made by the individuals as per Income Tax Act. Various types & rates of TDS deduction are present. Focus on pay as you earn.
TDS is a direct tax which is collected from the people at the time of payment like salary, rent, commission, etc. The TDS collected is then transferred to Government Account. The full form of TDS is Tax Deducted at Source. The deductor is referred to the person deducting the tax, and the deductee is the person from whom tax is deducted. TDS payment is made at a specified rate prescribed. No tax is deducted in case the amount doesn't exceed the specified limit.
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TDS: (Tax Deducted at Source) is deducted from the payments made by the individuals as per Income Tax Act. Various types & rates of TDS deduction are present. Focus on pay as you earn.
TDS is a direct tax which is collected from the people at the time of payment like salary, rent, commission, etc. The TDS collected is then transferred to Government Account. The full form of TDS is Tax Deducted at Source. The deductor is referred to the person deducting the tax, and the deductee is the person from whom tax is deducted. TDS payment is made at a specified rate prescribed. No tax is deducted in case the amount doesn't exceed the specified limit.
Find us on Social Media and stay connected:
Facebook Page - Facebook: InvestYadnya
Facebook Group - https://goo.gl/y57Qcr
Twitter - Twitter: InvestYadnya
7 سال پیش
در تاریخ 1395/12/17 منتشر شده
است.
155,817
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