TDS Explained: Solve The Tax Puzzle & Save Money!

Tax deducted at source (tds) and tax collected at source (tcs) are closely related but distinct concepts. The liability to withhold tax is on the person making the. What is tax deducted at source (tds)? Tds is the amount of tax collected from the taxpayer by the employer or other deductor and deposited to the income tax department. Discover the definition and meaning of tds (tax deducted at source).

Stay informed and compliant with our. Tds or tax deducted at source is an income tax that is collected from certain payments like rent, salary, commission, interest, professional fees, etc. The person paying the.