Tax
This query is : Resolved
15 November 2013
what is tds and why
15 November 2013
TDS is Tax deducted at source. it is applied to certain types of transactions. The levy of TDS is governed through Section 192-206.
The logic behind TDS and advance tax is to ensure that the central government gets a continuous stream of taxes instead of receiving the whole of taxes at the year end.
The logic behind TDS and advance tax is to ensure that the central government gets a continuous stream of taxes instead of receiving the whole of taxes at the year end.
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