Tax Deducted at Source ( TDS ) is applicable on RDs.
2.
It is the statement of tax deducted at source ( TDS ) from the amount that is being repaid to employees with relations to a superannuation fund.
3.
In UK personal tax returns payments received are always rounded down to the nearest pound, whilst tax paid is rounded up although tax deducted at source is calculated to the nearest penny.
4.
The form furnishes various details such as salary income components of the employee, Tax Deducted at Source ( TDS ) by the employer, and tax paid by the employer to the Income Tax Department.