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what is the procedure of tds

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Madhu (Querist)
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12 November 2008 what is the procedure of tds

S.Srinivasaraghavan

S.Srinivasaraghavan (Expert)
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12 November 2008 You have to see the elaborate chapter relating to TDS under the Income tax Act.

Deepak Agrawal

Deepak Agrawal (Expert)
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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.

O.D.SHARMA (Expert)
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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

Ravikumar.G

Ravikumar.G (Expert)
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17 November 2008 Rent, Contract, Subcontract, Salary, Commission, Interest, professional charges and foreign payment etc

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