sandhya
Answered On : Feb 12th, 2007
TDS MEANS TAX DEDUCTABULE AT SOURCE. IT IS CHARGED ON BASE AMOUNT
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Pramod
Answered On : Feb 14th, 2007
Tax Deducted at Source(TDS). And its charged on the Base price. Different for Salaraied Income. And rest Income Tax department has chart to charge the TDS in different kind of Income.
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TDS means TAX DEDUCTABULE AT SOURCE
There are 3 type of TDS such as TC , TJ , TI.
It is charged on Basic Amount %wise depends upon which TDS type .
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Radhakrishnan
Answered On : Feb 26th, 2007
Presently this concept of T.D.S. is also used as an instrument in enlarging the tax base. Some of such income subjected to T.D.S. are salary, interest, dividend, interest on securities, winnings from lottery, horse races, commission and brokerage, rent, fees for professional and technical services, payments to non-residents etc.The % w'll be differ from the services
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jayeshparab
Answered On : Mar 7th, 2007
TDS is tax deducted at source. It is of different type.
1) TDS on salary has to be deducted on salary paid to employee by employer if it crosses the tax limit. And pay to the government on or before due date.
2) In case of TDS on contractors or profession or others, there is slab that min tax, surcharge, plus education cess plus higher education cess, it is different and finance minister may change or keep same or remove in every year budget. Secondly you can deduct the TDS on bill amount while paying or if advance is paid.
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Tax deducted at source is tax charged by the customer who gets the services from Vendor or supplier. Here Customer is responsible to charge it and pay to the government.
There are different types of TDS rates are available on the basis of different services under different section.
E.X:- professional services, salaries.
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aditya
Answered On : Oct 10th, 2011
Tds it mean tax deducted source.
it calculated on profit & loss account & interest should be paid on.
interest charge annually. so it is called tds.
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nagak
Answered On : May 8th, 2012
The TDS Amount - How Much percentage will be deduction in net amount.
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hasnain ali
Answered On : Jul 12th, 2012
tds meaning of tax deduction at source
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arul
Answered On : Oct 12th, 2012
TDS will charged / deducted based on the services.
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sandip patil
Answered On : Mar 1st, 2013
TDS means tax deducted at source is charged to salary.
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Anil kumar
Answered On : Apr 13th, 2013
TDS is tax deductible at sources and it charged on bases salary
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charulatha
Answered On : Apr 21st, 2013
Tax deducted at source. It is deducted from the income.
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sunitha
Answered On : May 18th, 2013
8% will be deducted in the net amount
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