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Tds

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(Querist)
27 March 2014 what is TDS
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CA Devanand Jethanandani

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CA Devanand Jethanandani (Expert)
27 March 2014 Hi Manpreet,

It is Tax Deducted at Source.

There are some expenses on the payment of which above defined limit during the year is to be made after deducting tax at source, at some percentage prescribed in the Income Tax Act.


For more information feel free to write.


Regards,
Devanand

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