what is with holding tax?
withholding tax and tds were same?
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income tax
Replies (2)
1. Income tax withheld from employees' wages and paid directly to the government by the employer.
2. A tax levied on income (interest and dividends) from securities owned by a non-resident.
3. Tax is deducted not only from dividends, but from other income paid to non-residents of a country.
from the above we can say both of these are similar.
Hi Avinash
Withholding tax and TDS are same thing.
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