Tds

This query is : Resolved

Share Report Follow Query Ask a Query

Querist : Anonymous

Querist : Anonymous (Querist)

13 November 2013 Wht is TDS? and exlain me in breif?

Nikhil Kaushik

Nikhil Kaushik (Expert)
Follow

14 November 2013 this should help. TDS in brief

https://www.incometaxindiapr.gov.in/incometaxindiacr/ppt_html20081017/TDSTutorial/TDStrial2.html

CA Pallav Singhania

CA Pallav Singhania (Expert)
Follow

14 November 2013 TDS or Tax deducted at Source is a tax collection mechanism by Government of India, where at the time of transaction itself, the tax is deducted by the paying party and directly deposited to the income tax department. It’s assumed that the receiving party (one who gets the money) will have some tax liability.

Now at the end of the year when you find out your tax liability, the TDS amount is the tax you have have already paid and now you need only pay the balance amount. So in a way, TDS is a good thing for 2 reasons. You automatically pay a part of your tax liability and income tax department receives their tax collection.

So TDS is always a mechanism, to reduce tax chori...

for complete details: https://www.caclubindia.com/forum/a-brief-guide-on-tds-tax-deducted-at-source--269729.asp

Querist : Anonymous

Querist : Anonymous (Querist)

14 November 2013 Thanks for the information Sir,

Querist : Anonymous

Querist : Anonymous (Querist)

14 November 2013 Hi Sir,

Can any body tell me what is Excel Syllabus for CA.

You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now