Advanced LevellegalSingle Choice

What's TDS and how does it affect you?

Answer Options:

A

TDS is additional tax over and above regular income tax

B

TDS is only for business income, not salary

C

TDS amount is lost and cannot be claimed back

D

Tax Deducted at Source by employer, get credit that reduces tax liability

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Success Rate
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Question ID

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This question is part of our comprehensive financial literacy quizzes designed for Indian teens.