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What is TDS?


pravesh.sharma 10th Apr, 2023
Answer (1)
pravesh.sharma 10th Apr, 2023

TDS means Tax Deducted at Source. It is one of the modes of collection of taxes, by which a certain ratio of the amount is deducted by a person at the time of making/crediting a certain specific amount of payment to another person, and deducted amount is remitted to the Government Account.

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