TDS
This query is : Resolved
vinodhini Mani
(Querist)
29 May 2011
Please explain me about TDS from the part of tax deductor and tax payer...
CA Gandharv Sharma
(Expert)
29 May 2011
Tax Deductor - He is making expenditure by paying a sum to the deductee, he will deduct the tax payable by the deductee and pay it to CG.
Tax Payer - He is the deductee or the income gainer who is liable to pay tax to CG, but deductor pay his tax liab on his behalf.
At source means from where income is earned, the source of income which is from deductor side.
Tax Payer - He is the deductee or the income gainer who is liable to pay tax to CG, but deductor pay his tax liab on his behalf.
At source means from where income is earned, the source of income which is from deductor side.
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