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Complete Guide on TDS (Tax Deducted at Source)

Complete Guide on TDS (Tax Deducted at Source)

Tax Deducted at Source (TDS) is a mechanism that has been introduced by the Income Tax Department. Under this, the responsible person is supposed to deduct at certain percentage of income as tax before making the payment to the receiver. The payment includes salary, commission, professional fees, interest, rent, etc. Article Contents What is TDSWho is responsible to deduct TDSTypes of TDS…

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