TDS Rates are defined in different sections of the income tax act. It depends on the type of contract that is being undertaken. Normally TDS Rates are a certain percentage of the overall amount that needs to be paid to the contractor.
TDS the short form of tax deducted at source is one of the most search term and the reason for this is the obligation that is being put on the person paying the income to other person by the income tax act 1961. There is a certain percentage that needs to be deducted and that needs to be deposited to the income tax department.
TDS the short form of tax deducted at source is one of the most search term and the reason for this is the obligation that is being put on the person paying the income to other person by the income tax act 1961. There is a certain percentage that needs to be deducted and that needs to be deposited to the income tax department.
