Concept of deduction at source
It is necessary for certain persons
to deduct or recover the amount of tax payable by tax payer and deposit this
amount with tax authorities.Such deductions are known as deductions at source.A deduction at source is a method
of the collection of tax on income.
Importance of deduction at source
Deduction of tax makes collection
of tax easy and saves time for filing return.
Following...
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