TDS means Tax Deduction at Source
In simple terms, TDS is the tax getting deducted from the person receiving the amount (Employee/Deductee) by the person paying such amount (Employer/Deductor)
Empoyee's income Tax is deducted at source means his tax on income is deducted by the employer (who is paying salary), employer pays the same to the income tax department.
In simple terms, TDS is the tax getting deducted from the person receiving the amount (Employee/Deductee) by the person paying such amount (Employer/Deductor)
Empoyee's income Tax is deducted at source means his tax on income is deducted by the employer (who is paying salary), employer pays the same to the income tax department.
