Skip to main content

Tax Collection at Source & (TDS)Tax Deduction at Source



Direct Tax Advance Tax, Tax Deduction At Source and Introduction to Tax Collection at Source & (TDS)Tax Deduction at Source

CA online classes : For CA Intermediate Article I have given an attempt to build an understanding of the Tax Deduction at Source. I have tried to cover the Scope of Nature of Payments on which TDS, has to be made and further when and how much it can be deducted. I hope this will help a lot to all the CA Intermediate student to get an understanding of it.   

Meaning:

TDS or Tax Deduction at Source means the tax withheld at the time of making a different kind of payment which is notified in the Income Tax Act, 1961 and Rules as well. How much tax has to be deducted is depend on the nature of the payment. There are different kinds of rates are specified in the Income Tax Act, 1961 covered under the provisions of different sections. Payments may be in the nature of contractual fees, salaries professional service, brokerage and Speculation income.

 Learn complete Tax Deduction at Source    This was the maximum I tried to cover in this article for CA Intermediate students about TDS.

For further and detail understanding of the same please visit the portal www.takshshilaelearning.com
 you can learn CA classes online with Takshila Learning.  

Comments

Popular posts from this blog

Lessons-Worksheets-Question Papers-CBSE Class 2 English

Lessons-Worksheets-Question Papers-CBSE Class 2 English CBSE 2nd Class English – One and Many  In this blog, we share the spelling rules used in the concept of  One  and Many. When there is only one of a naming word (noun), it is said to be a  singular noun . When a noun shows more than one, it is said to be in the  plural . We can add  –S, -es, -ves or ies  to show that there is more than one noun.  For example,  we say many birds, four biscuits, six brushes. But for the students of  Class 2 , it’s very difficult and confusing to understand where to use  s , es, ves or ies  in the form of many. Don’t worry, it looks difficult, but it is very easy as in grammar each concept has a set of rules that need to practice. Noun ending with  –s, -x, -o, -sh, -ch, and –ss  form plurals by taking  –es. Look at these pairs of words: Bus – Buses Brush – Brushes Continue ..... Click here ...

Class 3 English Practice Grammar Worksheet -The Adverb

 Class 3 English Practice Grammar Worksheet -The Adverb Class 3 English – The Adverb – Kinds of Adverb Fill in the blanks with suitable Adverbs of place. Choose from the box.  Up               outside                       everywhere                 back                down      away          here                           there                     ...

Bhakti Movement NCERT Class 12 History

Bhakti Movement NCERT Class 12 History The Bhakti movement was an effort to achieve salvation and emancipation by devotion to God. In Hindi, the word bhakti refers to fervent devotion to God. This movement, which stressed a single-minded, ardent devotion to God, is seen as the most characteristic act of religious progress during the Middle Ages. In the 12th and 13th centuries, Kabir Das was a key figure in the Bhakti Movement. As a result of the movement, Kabir Das' poems and religious writings attained widespread fame. Kabir Das was raised up by a Muslim family. However, his religious beliefs were influenced by his Hindu teacher Ramananda, who regarded Rama as the highest God. The first Sikh guru and the founder of Sikhism was Guru Nanak. He vehemently opposed prejudice based on customs, rivalry, and caste in religion. Nanak was raised in a Hindu household and from an early age began to exhibit spiritual tendencies. He helped the indigent and underprivileged. His followers began r...