What is TDS?

AnswerBot
1y

TDS stands for Tax Deducted at Source. It is a system in which tax is deducted from the income of an individual or entity at the time of payment.

  • TDS is a method of collecting tax in India

  • It is applica...read more

Yasaswi Gomes
1y

Tax deducted at source.

Dr. Salary

Cr. TDS

Cr. Payables

This amount deducted at source of income is deposited into government account

Niket singh
2y

Tax deducted  at source

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