Tds
Aradhana Tiwari (Student) (64 Points)
01 July 2014
Please explain giving an example what is TDS and how is it calculated? Please explain fully the whole concept of TDS.
Aradhana Tiwari (Student) (64 Points)
01 July 2014
Saurabh Maheshwari
(B.com,ACA)
(5923 Points)
Replied 01 July 2014
TDS is advance tax.. it is deducted from the income of other person. A company giving income to other for service part has to deduct tds
like if i had an contract with a ltd for supply of man power services, then the said a ltd will deduct mine tds..
i.e. tax on the income which i wil earn
tds is deducted by companies so that the receiver of income has to file income tax,
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