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TDS stands for tax deduction at source, a means of collecting tax on income, dividends, or asset sales in India. Learn about the objectives, rates, provisions, and certificates of TDS under different sections of the Income Tax Act 1961.
Form 16. A Form 16 is a certificate issued to salaried class to acknowledge the deduction of TDS from their salary by the employer. It must be issued by 15 June of the following year for which it is being issued. For the F.Y. 2017–18, the due date for issue of Form 16 shall be 15 June 2018.
TAN is a 10 digit alpha-numeric number issued by the Income Tax Department to the persons who are required to deduct or collect tax on payments made by them in India. TAN is used to deposit, claim and verify the tax deducted at source (TDS) and to issue certificates.
Learn the meaning and origin of common medical abbreviations in Latin, such as a.m. (morning), p.o. (by mouth), and q.d. (every day). See the full list of abbreviations and their usage in prescriptions and other contexts.
ITR stands for Income Tax Return, a form that assesses file information about income and tax to the Income Tax Department of India. Learn about the different types of ITR forms, the eligibility criteria, the due dates, and the penalties for late filing.
Learn about the history, law, administration and collection of income tax in India, a key source of government funding. Find out how income tax is governed by the Income-tax Act, 1961 and other laws, and how it applies to different types of taxpayers and income.
Tabular Data Stream (TDS) is a protocol for transferring data between a database server and a client. It was developed by Sybase and Microsoft for their SQL Server products, and has several varieties and implementations.
Learn the meaning and usage of various abbreviations in medical prescriptions, including Latin, Greek, and English terms. QD means "quaque die", meaning once daily, and is often used with a number to indicate the frequency of dosage.