Tds means TAX DEDUCTIONS AT SOURCE
service tax , income tax, sales tax, tds tax, excise tax & other taxes
TDS is Tax Deduction at Source which is deducted from the service holder/ consultant during payment. At present, TDS is 10.1%. Service tax is a tax payable on the service provided by the service provider, at present it is at 12.36%
Tds deducated on basic amount only not on service tax
The TDS rate on any photography service is 10%. This tax amount is required to be deducted at the source.
Tally 7.2 is basically introduce with VAT , service tax , and TDS where in tally you can enhoy the benefits of FBT and excise besides it this software is multilingual software. by Vinod Dobhal.
Tally 7.2 is basically introduce with VAT , service tax , and TDS where in tally you can enhoy the benefits of FBT and excise besides it this software is multilingual software. by Vinod Dobhal.
TDS on part of Accounts payable is entirely different. when we deduct the TDS from payments, we have to remit the same to govt by 7th of next month with out any fault. where as service tax is claimed as input (AP point of view) and will be in receivables (assets)
TDS means Tax Deducted at Source.....deducted by employers usually
TDS has to be deducted based on the TDS Rates provided for different nature of transactions like 2.266% for contractors, 1.133% for subcontractors and advertisement contracts, etc., TDS is required to be deducted on the Payment being made / amount credited to the party account. for example Consultancy service chages are Rs.1,00,000/- Add : Service Tax @ 12.36% Rs. 12,360/- Totaling to Rs.1,12,360/- Rate of TDS 11.33% on Rs.1,12,360/- amounts to Rs. 12,730/-
Tax deducted at source (TDS) is a form of tax collection in India used on income assessments. The tax paid is on earnings for the past year.
TDS means tax deducted at source. It is employer's duty to deduct tax at source otherwise govt. may take action. It is a direct tax.
TDS Means Tax Deduction At Source .... Tax is the applicable Rate is to be deducted from the salary from the employee at the time of paying/ crediting the salary.... TDS rate is Depending on Basic amount ...