What do you mean by TDS?

What do you mean by TDS?

Tax Deducted at Source or TDS is a means of collecting income tax in India. The provisions related to TDS are governed by the Income Tax Act of 1961. The law states that any permissible payment shall be paid after deducting prescribed percentage as tax – usually over a range of 1% to 10%.

To fetch all your TDS entries in ADDA, Login to Admin dashboard>>Bank And Cash>>Taxes>>Select Tab for TDS.

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