Answer-What does the acronym 'TDS' stand for?

TDS, or Tax Deducted at Source, refers to the practice of collecting income tax at the source of income. It is a preventive measure to collect tax and is applicable to various payments such as salaries, interest, rent, and professional fees.

Question

What does the acronym 'TDS' stand for?

A Taxable Deductions on Savings

B Total Dividend in Surplus

C Tax Deducted at Source

D Total Deposit to System

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