Vardhman Fabrics Senior Assistant Accountant Interview Questions and Answers

TDS stands for Tax Deducted at Source. It is a tax deducted by the payer at the time of making payment to the payee.

• TDS is deducted by the payer and deposited with the government on behalf of the payee.

• It is applicable on various types of payments such as salary, interest, commission, rent, etc.

• The rate of TDS varies depending on the nature of payment and the provisions of the Income Tax Act.

• TDS certificates are issued...read more