what is the procedure of tds


This query is : Resolved 

12 November 2008 what is the procedure of tds

12 November 2008 You have to see the elaborate chapter relating to TDS under the Income tax Act.

13 November 2008 U have to deduct TDS while making payment or booking invoice which ever is earlier.

Then depost it with goverenment before due date.

13 November 2008 TDS is tax on job/services to be deducted & Paid on due dates by companies.Buy a ready recknor & read for details,
Thanks

17 November 2008 Rent, Contract, Subcontract, Salary, Commission, Interest, professional charges and foreign payment etc


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