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Tax deduction at source (TDS) has come into existence with the motive of collecting tax from different sources of income. As per this concept, a person (Payer) who is responsible to make payment of specified nature to any other person (Payee) shall deduct tax at source before making payment to such person (Payee) and remit the same into the account of the Central Government.
The righteous man is compared in verse 3 to a tree planted by a stream. His harvest is plentiful, and whatever he does flourishes. The prophet Jeremiah wrote a similar passage: “But blessed is the man who trusts in the L ORD, whose confidence is in him. He will be like a tree planted by the water that sends out its roots by the stream.”
14] Water can be classified by the level of total dissolved solids (TDS) in the water: Fresh water: TDS is less than 1,000 ppm. Brackish water: TDS = 1,000 to 10,000 ppm. Saline water: TDS = 10,000 to 35,000 ppm. Hypersaline: TDS greater than 35,000 ppm. Drinking water generally has a TDS below 500 ppm. Higher TDS Fresh Water is drinkable but ...
Tax Deducted at Source, in India; Tenancy Deposit Scheme (England and Wales) Telephone and Data Systems, a US company TDS Telecom, a subsidiary; Thompson Dorfman Sweatman, a law firm, Winnipeg, Canada
The Income Tax Act, 1961, and the Income Tax Rules, 1962, require citizens to file their tax returns with the Income Tax Department at the end of every financial year and this form is a part of the filing process as specified by the Government of India. The due date for filing return with the Income Tax Department of India is 31 July every year.
Tax withholding, also known as tax retention, pay-as-you-earn tax or tax deduction at source, is income tax paid to the government by the payer of the income rather than by the recipient of the income. The tax is thus withheld or deducted from the income due to the recipient.
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And he shall be like a tree planted by the rivers of water, that bringeth forth his fruit in his season; his leaf also shall not wither; and whatsoever he doeth shall prosper. — Psalm 1:3 He only is my rock and my salvation: he is my defence; I shall not be moved.