Laxmi Civil Engineering Services GST Executive Interview Questions and Answers

TDS stands for Tax Deducted at Source. It is a system in which tax is deducted at the time of making payments.

• TDS is a method of collecting tax in India

• It is applicable to various types of payments like salary, rent, interest, etc.

• The person making the payment deducts a certain percentage of tax and deposits it with the government

• The deducted tax amount is then credited to the account of the payee

• The payee can claim cr...read more