What is TAX DEDUCTED AT SOURCE (TDS)?

Tax collecting method used in India on incomes. Tax is always paid on the preceding year.

More On This Topic
  1. What is FED MED/EE Tax?
  2. What Does Fed OASDI/EE Mean on a Paycheck?
  3. 401(K) Types, Loans, Contribution Limits, & Benefits
  4. W-4: What It Is, Who They’re For, & How To Fill It Out
  5. Does California Have An Inheritance Tax?
  6. How Do Inheritance Tax Laws Work?
  7. Best Way to get a Copy of Last Year’s Tax Return
  8. Kiran Bedi: India’s First Female Police Officer
  9. Applying For OCI (Overseas Citizenship Of India)
  10. How Much Tax Do You Have to Pay on Dividends?

Related Legal Terms
COLLATERAL SOURCE DOCTRINE, OFF-SOURCE, SECOND SOURCE, SOURCE, ENERGY SOURCE, NON-POINT SOURCE, POINT SOURCE, SOURCE ATTRACTIVENESS, SOURCE SELECTION, SOURCE SEPARATION


Link to This Definition
Did you find this definition of TAX DEDUCTED AT SOURCE (TDS) helpful? You can share it by copying the code below and adding it to your blog or web page.
Written and fact checked by The Law Dictionary