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TAX DEDUCTED AT SOURCE (TDS)
Introduction The concept of TDS was introduced with an aim to collect tax from the very source of income. As per this concept, a person (deductor) who i...
Frequently Asked Questions (FAQ) on Tax Deducted at Source (TDS) under proposed section 194-O of the Income Tax Act, 1961
Question. What is Tax Deducted at Source? Answer. For quick and efficient collection of taxes, the Income-tax Law has incorporated a system of deduction...