What is TDS?

TDS(Tax Deducted at Source) TDS (Tax Deducted at Source) is the amount of tax that is deducted at the time any transaction is undertaken. There are various transaction on which the tax is deducted at the source only, including rent, commission, salary, interest by the persons undertaking such transaction.  With the provision of TDS (Tax Deducted at Source) tax is deducted by the government at its source only which helps in preventing the tax evasion by the multiple people. In order to know the correct [...]