alleryStart learning →In the TDS system, who gets credit for the tax deducted at assessment?
AThe payee deducted from
BThe Assessing Officer
CThe payer who deducted
DThe bank holding funds
Answer & Solution
Correct answer: A. The payee deducted from
The deductee, or payee, is entitled to credit for the tax deducted when the income is assessed.
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